By the end of the session, you will be able to:
- Identify the overall purpose of a ‘fit for purpose’ risk appetite statements as a corporate risk management mechanism
- State the key components that make up a risk appetite statement using good practice and identify the role of each of these components
- Explain the role that risk appetite statements have in establishing an effective risk culture across and organisation
- Identify the common weaknesses and challenges that are often observed across the design and implementation of risk appetite statements
- Explain how the risk appetite statement can be used as a mechanism to communicate effective enterprise risk management to stakeholders
Speakers:
Tom Teixeira, Partner, Head of Risk & Resilience Practice – ADL
Deborah O'Riordan, Practice Leader, Risk Solutions Financial Lines – QBE Insurance
Dominic Thompson, Senior Consultant – ADL
Grouping title:
fastTrack