Ten years ago nine out of ten CFOs I was consulting to would tell me their CEO was too busy to meet to discuss the risk program under development. The CFO was tasked with the job and we should just get on with it. Today it is less likely to be a problem to meet with the CEO on risk, however, getting to the Board still seems to have its challenges for many risk professionals. My experience is that “risk appetite” is one of the best tools to engage the Board. This is how you can make it work:
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