Chief executives back formation of Committee of CROs
The newly formed Committee of CROs (chief risk officers) - aimed to create best practice in risk management for the U energy industry - has received strong backing from energy company chief executives.
“A robust risk management function is one cornerstone of a strong corporation,” said Linn Draper, American Electric Power’s chairman, president and chief executive. “In our industry, the rapid expansion of energy trading makes that function more critical from day-to-day. For that reason, the potential value of bringing industry
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