Chief risk officers are faced with the challenge of significant adaptation to meet the changing demands on their expertise. This requires CROs to broaden their role and responsibilities, says Vivek Syal, group chief risk officer, Tokio Marine Kiln
Risk Innovation: showcasing risk maturity around Europe
Risk Analysis: under the microscope
Fall out from a recall can be devastating, hitting retailer and consumer trust, and bringing heavy hidden costs. While some say it is possible to come out of a recall looking good, ultimately prevention is always better than cure.
So-called ‘alternative facts’ in today’s online world reach many quickly and can ruin the reputations of those in the firing line. Risk managers must be primed to shut down bad buzz before it has chance to spread.