Risk oversight jumps to the top of board agendas

james-deloach

Boards of directors across the globe are going to be ringing in the changes in 2010, with a new focus on risk oversight, according to an expert on corporate governance.

"Risk oversight should complement the board's responsibility for strategy," says Jim DeLoach, managing director at Protiviti, based in Houston, Texas. "So boards will be asking for information about risk in the same way they are asking about strategy." DeLoach says this is part of a wider move to elevate risk management to a

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