The little profession that could

Victoria Pennington

I’m worried. I keep hearing people in the industry referring to operational risk as being in crisis or having failed. After a six-month absence it seems clear to me operational risk management is not in crisis, but at a crossroads. As a community we have not taken full advantage of the current heightened awareness of the importance of risk management. For the first time, having a robust risk management framework is top of the agenda for senior management of financial institutions, yet op risk

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