Apac bank boards: light on risk experience

Survey of 24 large Apac bank board risk committees shows dearth of risk managers

Click here for table showing bank risk committee composition

Banks have spent the decade since the global financial crisis overhauling their risk management frameworks, upending the oversight of everything from model risk to data breaches. But when it comes to the ultimate overseers of a bank’s risk profile – its board – how much has actually changed? For banks in many Asia-Pacific (Apac) countries, frontline risk management experience is still sorely lacking.

Risk.net has analysed the risk