The NED Blog: What keeps risk committees awake at night
One of the ways that non-executive directors ensure there is independent oversight is through the use of various board committees. Michael Gaughan explains how the Risk Committee oversees the capital risks and why it worries about technology, cyber-attacks, changes in regulation and legislation.
The Risk Committee is not a committee that looks at risk in the insurance sense but rather at the risks that the company itself faces in the external environment. Like other board committees it will
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