Highly cultured

patricia-jalleh-uob-2009

"I have never prescribed the concept that you cannot manage what you cannot measure," says Patricia Jalleh, head of group operational risk management at UOB Group in Singapore. In her view, the main lesson to be taken away from the global financial crisis is that firms should never become overly reliant on quantitative models. "One of the contributory factors to the crisis was the overreliance on quantitative models combined with inadequate understanding of the underlying assumptions. Decisions

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: