Lack of empowerment and authority of risk management function contributed to financial turmoil

Jul 12

‘… as blogged twice in this site, although risk management functions exist, yet, directors or executives failure to empower risk managers had radically contributed to this financial cirsis!!”- Mouaz  Financial institutions did not empower their risk management functions enough to curb the activities of risk takers which played a major role in the...

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‘People aren’t listening’ say risk managers

Mar 13

More than one in eight risk managers believe that they are ignored by their employer, according to data from Whitehead Mann, the City headhunter. The firm spoke to more than 50 professionals involved in compliance and internal audit at companies in the FTSE 100 and found that half of them did not believe that they had sufficient influence to manage risk properly at...

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