Celsa’s Garcia Corominas Named European Risk Manager
Garcia Corominas, who leads internal audit and risk control at the Spanish steel producer Celsa, received the title of Risk Manager of the Year during the European Risk Management Awards.
The ceremony, held in London, also marked the tenth anniversary of the awards. It was jointly organized by Commercial Risk and Ferma, two bodies that each year honour exceptional risk-management practice throughout Europe. The event gathered senior executives, consultants, and academics who work in the field of corporate risk.
Garcia’s win highlights the rapid impact he has had since he joined Celsa in 2024. He was tasked with creating the company’s governance, risk, internal control and audit functions, and his efforts have been praised for their speed and effectiveness.
The assessment panel, composed of senior risk professionals and leaders from the insurance industry, evaluated each submission against criteria that include innovation, measurable business value, and the ability to embed risk thinking across an organisation. The judges praised his ability to simplify processes while maintaining discipline and pragmatic innovation, noting that the resulting system reached best-in-class status in a very short period.
“By combining advanced technology with risk discipline, his team has not only solved a capacity problem – they have redefined what ‘good assurance’ looks like in a complex, regulated environment,” the panel said.
“The winner has shown excellent business value and a clear understanding of what the business needs. The innovation approach was also impressive, as were his activities above and beyond through contribution to Spanish risk management association Agers members,” the panel added.
The award was presented on stage at a gala dinner by Eddie McLaughlin, global chief client officer at Aon, which serves as the awards’ official partner.
Presenters Philippe Cotelle and Adrian Ladbury thanked the judges for their time and congratulated all finalists for their contributions to risk-management excellence. They also reminded the audience that the awards aim to inspire continuous improvement and to showcase practical examples that other organisations can emulate.
