OpRisk Asia: regional growth could undermine ORM, conference hears

asia-globe

Although Asian economies were less affected by the global financial crisis, this relative prosperity means operational risk managers are in danger of being ignored, warned speakers at the OpRisk Asia conference in Singapore today.

Keynote speaker Urban Wilde, the Asia-Pacific chief risk officer for Barclays Wealth Management, pointed out: "The main problems are culture and compensation. Why would a banker join your bank? Because they want to keep serving their clients and they want more money

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