The setting of an organisation's risk appetite is a critical component of a robust risk management framework.
How hungry are you for risk?
The setting of an organisation's risk appetite is a critical component of a robust risk management framework. The appetite should be the articulation of the board's desire or willingness to take on or retain risk using measurable factors.
Download this ebook to find out what risk appetite means and who should set it as well as how risk appetite should be articulated and how it can be set.
David Tattam is the author of "A Short Guide to Operational Risk" and is recognised internationally as a specialist in all facets of risk management and in particular, enterprise risk management. Prior to founding Protecht in 1999, he held roles as the Head of Operations and Risk Management at two international banks, WestLB and The Industrial Bank of Japan.