“Risk management: to a broader and higher level”
Chapelle Consulting becomes BDO Chapelle
The internationally acclaimed Chapelle Consulting, the company built around the Belgian Ariane Chapelle, an authority on risk management, is joining forces with BDO Belgium, and vice versa. The aim? To prepare companies even better for today’s and tomorrow’s risks and to train and upskill current and future risk managers.
The COVID-19 pandemic is barely even over or the war in Ukraine, rising energy costs and the war on talent are putting pressure on our businesses. Supply problems, scarcity of talent, cyberattacks and consumers who keep their finger on the pulse… all risks that can jeopardise a company’s prospects of survival and growth. At least if it doesn’t prepare itself properly. “Identifying business risks and devising strategies to defend yourself against them is becoming increasingly important in a rapidly changing world where crises happen at a rapid pace,” says Koen Claessens, Managing Partner Risk Advisory at BDO Belgium.
It is in this context that BDO is further developing and deepening its risk management expertise. Koen: “The acquisition of Chapelle Consulting, an international authority on risk management, fits in perfectly with that narrative. For many years, the company has provided advice and guidance to financial institutions and international organisations such as the World Bank, the International Monetary Fund (IMF), the European Investment Bank (EIB), ING, Degroof-Petercam and Ethias on how best to manage their risks. When the opportunity arises to supplement your own expertise with such a wealth of knowledge and experience, you don’t pass it up.”
“Our knowledge and training courses are a nice addition to the consultancy that BDO already offers today.”
Ariane Chapelle, founder of Chapelle Consulting and associate professor at University College London
Alliance of experience and culture
Bringing Chapelle Consulting on board provides BDO not only with additional experts, but also with all the substantiated methodologies and training courses that Ariane Chapelle and her team have developed over the past two decades. “Since their modest beginnings as a ‘leftover’ category under the ‘Basel II’ rules in 2004, operational risks have acquired the same ‘status’ as established credit and market risks,” explains Ariane Chapelle. She teaches operational risk management at University College London and wrote the best-seller ‘Operational Risk Management – Best Practices in the Financial Services Industry’ on the subject in late 2018. Sixteen years ago, she also started her own consultancy firm, which she developed into a strong brand with an international image and reputation. “As an entrepreneur, I’m happy and proud to offer my growing business a platform to thrive and take it to a broader and higher level. It gives us the opportunity to further spread our extensive experience in risk management through a large international network. Our knowledge and training courses are a nice addition to the consultancy that BDO already offers today.”
As a mother, Ariane is thrilled “to show my three children and young people around me that you can build a business with willpower and perseverance, organise homework and meals between meetings (although I have burnt a few pizzas…), write textbooks on planes and trains, work late at night and at weekends, and still be a loving wife and caring mother. You don’t have to do it, but you can do it if it’s your dream.”
BDO Belgium and Chapelle represent more than a strategic alliance of capacity and experience. The vision and culture of BDO also fit in nicely with our DNA and vice versa. “Values such as pragmatism, proximity and growth ambition – for both our own business and that of the client – are central to everything that we and they do,” emphasises Koen. “Moreover, we have the drive to excel and never settle for mediocrity. In other words, we both firmly believe in the added value of the complementary collaboration.”
“Values such as pragmatism, proximity and growth ambition are central to everything that we and they do.”
Koen Claessens, Managing Partner Risk Advisory BDO Belgium