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The Evolving Role of the Head of Risk - The changing risk management environment
In the current economic climate, the role of the risk management function has never been so prominent to the success of an organisation. Enterprise Risk Management (ERM) processes are often at the centre of change in many leading organisations.
The new world economy is fraught with change, risk and uncertainty. The idea that businesses fail and become extinct through natural economic forces is becoming more widely accepted. However, it is an outcome that all executives, directors and Heads of Risk want to prevent.
ERM techniques are now found in regulatory tenets and codes of practice, with the principles present in boardrooms around the world and are even being incorporated as a factor in credit ratings.
Yet, the field of ERM continues to evolve and risk management functions need to ensure that they keep pace with these changes.
For more information, please download the complete report in Adobe pdf format from the link below:
ERM techniques are now found in regulatory tenets and codes of practice, with the principles present in boardrooms around the world and are even being incorporated as a factor in credit ratings.
Yet, the field of ERM continues to evolve and risk management functions need to ensure that they keep pace with these changes.
For more information, please download the complete report in Adobe pdf format from the link below:
the_20evolving_20role_20of_20the_20head_20of_20risk.pdf, Size: 426.2 KB© 2010 KPMG Safi Al-Mutawa & Partners, a Kuwait partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative ("KPMG International"), a Swiss entity. All rights reserved.
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