BIS central bankers’ speeches  9  More generally, there is a strong sense that ERM is a powerful tool that can continue to identify opportunity and drive innovation across the Bank. There is a strong sense that by connecting to stakeholders and the business even more we will reap greater rewards in the future.
Insights and reflections on risk management from executive management With over twenty years of senior executive management experience between us, the authors have witnessed successful and not so successful risk management endeavours. This section summarises our thoughts on the value and critical success factors in organisational risk management. We are unashamed advocates of risk management: done well, it pays-off.