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People power

Andrew Cherriman, head of operational risk management for wholesale banking at Standard Chartered Bank in Singapore, says his ability to rely on expert staff is the key to operating a sound risk management system across the bank’s many jurisdictions. He talks to Wietske Blees

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Operational risk management has changed significantly during the past decade or so. From its original quant-heavy orientation, the practice has evolved to progressively place more emphasis on human input and expertise, a development Andrew Cherriman, head of operational risk management for wholesale banking at Standard Chartered Bank in Singapore, supports wholeheartedly.

“When I first started

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Emerging trends in op risk

Karen Man, partner and member of the global financial institutions leadership team at Baker McKenzie, discusses emerging op risks in the wake of the Covid‑19 pandemic, a rise in cyber attacks, concerns around conduct and culture, and the complexities of…

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