"A Company Secretary plays an important role in controlling the risk management." Discuss.

In terms of Section 203(1)(ii) of the Companies Act, 2013, a Company Secretary is a Key Managerial Personnel. Hence being a top level officer and board confidante, a Company Secretary can pay a role in ensuring that a sound Enterprise wide Risk Management (ERM) which is effective throughout the company is in place. The company secretaries are governance professionals whose role is to enforce a compliance framework to safeguard the integrity of the organization and to promote high standards of ethical behavior. The functions of a Governance Professional include: Advising on best practice in governance, risk management and compliance. Championing the compliance framework to safeguard organizational integrity. Promoting and acting as a 'sound board' on standards of ethical and corporate behaviour. Balancing the interests of the Board or governing body, management and other stakeholders.