Q&A: Business veteran Nesbitt on sharing risk management burden
The new head of Canada's financial risk think-tank says successful risk management requires co-operation between the business and the risk function and, externally, with regulators, as well as close involvement by the upper echelon of bank managers
Richard Nesbitt, the new president and chief executive of the Global Risk Institute in Financial Services (GRI), is a firm believer in free flow of people between the risk function and the business side, so that "the two different groups can learn from each other". His wealth of business experience, as a veteran of the securities industry and a captain of one of Canada's largest banks during the global financial storm, should enable him to apply that mantra at the Toronto-based research and
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