Most banks add ERM heads – but CROs keep control
Hiring tilts towards AI, cyber and model risk as enterprise risk’s remit grows faster than its reach
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Nearly three-quarters of banks (73%) now report having a formally designated head of enterprise risk management (ERM), according to Risk.net’s inaugural 2025 Enterprise Risk benchmarking study. The research covers 37 institutions, including eight global systemically important banks (G-Sibs), a mix of domestic and super-regional lenders, and two
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