Content tagged with Management Strategies posted in February 2008
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Financial Institutions’ Risk Management Systems Are Challenged by Corporate Culture and Human Nature
The Société Générale trading scandal illustrates that the competitive advantage of relying on internally developed risk management systems can be cancelled out by lax management oversight and fraud.
Zurich Appoints Axel Lehmann To New Risk Officer Role
As Zurich Financial Services Group's new chief risk officer former CEO of Zurich North America Axel Lehmann will also take responsibility for IT.
As Chief Risk Officer, Zurich’s Lehmann Oversees IT
Zurich has underscored the increasing importance of risk management and IT by appointing Axel P. Lehmann to the post of chief risk officer and elevating that role to executive committee status. In his new role, the former CEO of Zurich's North American Commercial division will also oversee Group IT.
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