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Chief risk officer

Chris Page, ANZ: the risk goalkeeper

Chris Page, group head of risk management at ANZ, sees his role as ‘guardian of the balance sheet’ as first and foremost, but is also aware that sometimes he needs to stand his ground on risk issues, as he might be the last man standing between the bank…

ANZ's Page: The op risk manager is the goalkeeper

Chris Page, group head of risk management at ANZ, sees his role as “guardian of the balance sheet” as first and foremost, but is also aware that sometimes he needs to stand his ground on risk issues, as he might be the last man standing between the bank…

Experts examine US power clearing and netting needs

As the US Congress moves to boost derivatives clearing requirements, an industry panel has called for regulators to investigate a move towards clearing and netting across US power markets and to clarify the legal uncertainty in the area

Taking risk to the top office

Hit by billions of dollars in subprime writedowns, banks are looking at how best to organise their risk management functions. Steve White makes a far-reaching proposal

UK Minister hails Solvency II

Ivan Lewis MP, a minister at the UK's Treasury with responsibility for insurance, has hailed the Solvency II process as a mechanism to enable the EU's insurance industry to remain competitive in the face of the globalisation of the financial services…

CROs make Solvency II plea

Members of the Chief Risk Officer (CRO) Forum used an address at Life and Pensions' December 2005 Insurance Risk conference to call for significant improvements to the Solvency II regime that the EU is expected to implement before the end of the decade.

The CRO road

In just over two months all US-based hedge funds with more than 15 investors and/or $25 million under management will have their own dedicated chief compliance officer.

The CRO road

Some of the larger hedge funds have set up formal risk management functions, appointing independent chief risk officers (CROs) to oversee their business. But what role should a hedge fund CRO play, and are these appointments a precursor of wider changes…

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