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Cultural awareness

ABN Amro's recent implementation of a new, global operational risk framework was driven by the desire to instil a risk-aware culture and philosophy across the bank, says Andrew Sullivan

Over the past two years, ABN Amro has enhanced its operational risk management (ORM) capability by building on the strengths of decentralised local and regional functions to develop a globally consistent, and market leading, best-practice risk management and oversight function. There has been a continual focus on the partnership and value proposition of ORM. The change took place within a

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