OpRisk Asia: Changes in bank culture can be measured, conference hears

tape-measure

There is no quick way to repair or improve an inadequate risk culture, but managers should still be able to track improvements as they happen, the OpRisk Asia conference in Singapore heard today.

Mohammed Tariq Gondal, the head of operational risk management at Pakistan's MCB Bank, said that even relatively rapid improvements would only yield results in years rather than months.

"Cultural change takes time: the short term is two or three years, the long term is five or more," he said. "It

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