Should we “tear up the risk appetite” statement?

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That is advocated in a provocative post in StrategicRISK. The author, Lauren Gow, is the  StrategicRisk Asia Pacific editor, based in Australia. As far as I can tell, she has not been a risk practitioner (except in the sense that all of us are because we are constantly weighing and taking risk). But that doesn’t mean she doesn’t have (a) a point, and (b) a right to express it and challenge us all in the process.

Here are some key excerpts from the article:

  • Let’s talk about risk appetite. Or more specifically, let me ask you – what is the point behind you, as a risk manager,…

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