TITLE

'Risk buck' stops with CFO -- Understanding the complexity in risk management

AUTHOR(S)
Mallory, Stephen
PUB. DATE
November 2010
SOURCE
CMA Management;Nov2010, Vol. 84 Issue 7, p32
SOURCE TYPE
Trade Publication
DOC. TYPE
Opinion
ABSTRACT
In this article, the author discusses the role of chief financial officers (CFO) in the risk management on behalf of executive team in an organization in Canada. He mentions that the largest organizations in the country and abroad are staffed with chief risk officers (CRO) and it is the risk managers tasks to report to the CFO or chief executive (CEO). He opines that CFO must not delegate the financial roles as it leaves the organization vulnerable.
ACCESSION #
57519259

 

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