Evolution of risk management in banking

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Theme 2: Empowering workforce transition

Redefining productivity through modernisation

Risk management now extends beyond credit,market, and operational risks to include critical areas like cybersecurity, where many banks still rely on outdated infrastructures that may not withstand sophisticated threats. The rise of digital banking has intensified concerns around fraud and cyber risks,whilst increased regulatory scrutiny demands more time and resources, often at the expense of proactive risk management.

  • Breaking barriers: Turning challenges into opportunities
  • Harnessing generational change: A strategic imperative

Theme 3: Driving value and performance

Strategic growth and capacity investments

The role of CROs has evolved, with greater integration into the first line of defence and broader responsibilities, including reputational risk. This shift reflects a move from reactive oversight to proactive strategy, driven by technological advancements and a complex regulatory landscape.

  • Harnessing technology for intelligent risk…

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