A taste of corporate risk


Switched on to risk: AEP

Alongside a post-Enron retreat from trading, many energy companies scaled back their risk management operations. American Electric Power, however, realised early on that operational risk management would come to the fore. By Navroz Patel

Scott Smith, chief risk officer at Ohio-based energy company American Electric Power (AEP), is one the longest serving chief risk officers in the US energy sector. Given the tumult that has beset the industry in the past few years, Smith’s

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