Centrica CRO keeps watchful eye on new regulation

Managing all Centrica's financial risk is a challenging task, and one that is made increasingly complicated by regulation, chief risk officer Olivier Herbelot tells Mark Pengelly

Olivier Herbelot - Centrica
Olivier Herbelot, Centrica

When Centrica's highest-level risk team meets each month, there are many things they could potentially discuss. After all, the UK-based energy firm is a huge multinational whose businesses range from oil drilling in the North Sea to serving residential electricity consumers in Illinois. So what's the number-one agenda item for the team, a body called the group financial risk committee, each time it meets? Some might find the answer surprising: regulation.

"The first thing we go to when we go

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

Register

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

This address will be used to create your account

CTRM systems 2024: market update and vendor landscape

A Chartis report on commodity trading and risk management systems that considers its different applications and addresses the market and vendor dynamics to determine the long-term and structural impacts of the overarching market evolution on the…

Chartis Energy50 2023

The latest iteration of Chartis' Energy50 2023 ranking and report considers the key issues in today’s energy space, and assesses the vendors operating within it

Most read articles loading...

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