Risk committees: designing a horse and getting a camel?

When we examine what’s required of them, do risk committees hold water, asks ex-SEC risk oversight chief

camel puzzle - Getty - web.jpg

It is often said that a camel is a horse designed by a committee. It has all the parts required – and then some – but the result does not necessarily meet the objective.

A risk committee is an integral component of an overall risk management programme – long viewed as a necessary forum for complex risks to be identified, evaluated and managed by experienced committee members.

Yet, as we attempt to respond to a global pandemic – which we were arguably ill-prepared to prevent or manage – it is

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options


Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here