Rethinking risk in financial institutions : making the CFO-CRO partnership work

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<title>Rethinking risk in financial institutions</title>
<subTitle>: making the CFO-CRO partnership work</subTitle>
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<abstract displayLabel="Summary">In todays new risk era, the CFO-CRO partnership can promote a more effective, integrated approach to risk management while driving further operational efficiencies in financial firms, helping to build agility, and retain and attract talent. The topic of risk-finance integration remains complex and even sensitive at times. On the one hand, pressure to ensure the operational and reporting independence of the risk function remains strong in the wake of the global financial crisis. On the other, the move toward the risk-adjusted capital models that are at the heart of current banking and insurance regulation is driving greater operational integration of risk and finance</abstract>
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