When it comes to Corporate Risk Management and Governance, a company’s Board of Directors will play a vital and pivotal role for the effective governance of its bank. This isn’t always easy to understand, though. A board’s role in corporate risk management
and governance can be a tangled web, leading members of the company to ask questions like, “who is the Board accountable to?” or “what exactly is the Board’s goals anyway?”
While it’s true that the Board plays an important role in this type of governance, saying that just isn’t enough to paint the clear picture of how they manage their governance, what responsibilities this should entail, and who they’re held accountable to
during this process.
In this article we’ll aim to answer many of the questions…
