Iain Pickard


Co-Founder and CEO
Strategia Worldwide

Iain Pickard is the Co-Founder and CEO Strategia Worldwide, a Sigma7’s company. Sigma7 is the first independent, all-domain risk services platform, founded to support organisations facing today’s dynamic environment of complex risks. Iain is a former COO at Marsh UK and of a leading Lloyds of London broker. Iain also held the position of Change Director for AON’s wholesale/specialty division, Operations Director of Aspen Re, Head of Financial Services at RSM – the global advisory firm – and a UK Financial Conduct Authority authorised ‘Skilled Person’ for Risk and Governance.

Session 5
06 July 2022 / 09:30 - 11:00 | Queen Geraldine

A Practical Guide to TSF Risk Management (with Case studies)

In August 2020 the UNEP, ICMM and PRI published the new Global Industry Standard on Tailings Management (GISTM), concluding a project brought about by catastrophic failures at Tailings Storage Facilities (TSF). Navigating these complex requirements requires mining companies to conduct independent TSF reviews, both technical and ESG, and also adopt monitoring systems to improve accuracy and transparency of risk data. Using case studies this presentation will outline:

• Overview of GISTM requirements and other industry standards

• Barriers to conforming with GISTM

• Future requirements of TSF risk management and best practice

• Impact of hardening insurance market on TSF liability

• Lessons learnt from delivery of pilot ‘Mid-Tier Platinum mine GISTM compliance and 24/7 monitoring project’