Is risk management dangerous?

Risk analysis

Risk management has experienced a remarkable surge in significance in the past 15 years. Driven by the huge losses experienced from the mid-1980s to the mid-1990s, resources and staff devoted to risk management have increased sharply, as has the level of technical skills among its practitioners. Chief risk officer has become a common title in the financial sector, and an increasing share of those with that title now report to the chief executive officer or the management committee