Paul Ashton has been appointed director of the Operational Risk Consortium (Oric). He previously worked as a senior operational risk manager in the banking sector and has more than 20 years of risk management experience. He replaces Mariano Selvaggi, who left Oric in August.
“The insurance industry is embracing the challenges of Solvency II and the accompanying operational risk requirements,” says Ashton. “Oric, working with the industry, is ideally placed to help its members to meet