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Seventy-two percent of risk officers and 63 percent of directors report that this time has doubled or tripled.
What is your board's position on risk management?
A site dedicated to providing credit unions with relevant news and information related to security and information technology.
Tuesday, March 26, 2013
Risk management becoming focus of bank boards
The majority of the boards of directors for large banks are spending significantly more time on risk management, according to a new survey.
The survey, which was conducted in January using risk officers and directors at banks with more than $5 billion in assets, said 91 percent of those surveyed reported an increase in time devoted to risk management issues within board meetings over the last three years.
Seventy-two percent of risk officers and 63 percent of directors report that this time has doubled or tripled.
What is your board's position on risk management?
Seventy-two percent of risk officers and 63 percent of directors report that this time has doubled or tripled.
What is your board's position on risk management?
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