DISCUSSION Business leaders and Airmic call for exec risk leadership role

by Yolanda Villafuerte _______8th May 2015

By Ben Norris, London

Think tank Tomorrow’s Company, Good Governance Forum members and Airmic have called for organisations to consider appointing an executive risk leader because boards are failing to navigate today’s increasingly complex risk landscape.

The call for action is laid out in a new report entitled Tomorrow’s Risk Leadership: Delivering Risk Resilience And Business Performance, published this week.

At the report’s launch, a range of experts called on businesses to rethink risk leadership to enable organisations to meet the demands of today’s fast-paced, interconnected world and avoid future crises.

Risk leaders need to be able to draw knowledge from across an organisation and communicate at all levels, says the report. However, it makes no assumption about the background of the risk leader. They could come from the world of risk and insurance management or from other areas, it says.

Find the original article here.

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