The Institute of Risk Management (IRM) has created a global academic panel to ensure that it has a "diverse gene pool" from which to develop its educational programme.

The panel will be chaired by Peter Young of St Thomas' University, Minnesota. It will be an online community of about a dozen leading thinkers and researchers from universities and business schools around the world.

The IRM is in the process of confirming participation by experts in governance, safety, reputation and many other areas.

The announcement of the panel came on the first day of the annual IRM Risk Forum, held for the first time at Keele University in Staffordshire.

This is the IRM's most successful Risk Forum to date, with a record number of participants - 290 compared to 210 in 2003 - and sessions and workshops.

The IRM also presented two new education programmes that will be rolled out over the six months.