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Fall guys : Risk management in the front line

Fall guys: Risk management in the front line is an Economist Intelligence Unit report that examines the changing role and responsibilities of risk management in business. The report is sponsored by ACE and KPMG.

Fall guys : Risk management in the front line
The Economist Intelligence Unit bears sole responsibility for the content of this report. Our editorial team executed the online survey, conducted the interviews and wrote the report. The findings and views expressed in this report do not necessarily reflect the views of the sponsor.

Our research for this report drew on two main initiatives :
- We conducted an online survey of almost 500 executives from around the world in July 2010. The survey included companies of a variety of sizes from the banking and insurance industries. Threequarters of respondents have a direct influence on their firm’s risk management, either as CEO or board-leve- executive (32%), as chief risk officer or other dedicated risk executive (20%), or as a non-executive director (23%). A further sample of senior management (26%) was included to test how non-risk executives view the risk function.
- To supplement the survey results, the Economist Intelligence Unit conducted a programme of qualitative research that included a series of in-depth interviews with industry experts. The author was Rob Mitchell and the editor was Iain Scott. We would like to thank al- those who were involved in this research.

- Richard Apostolik, chief executive, Globa- Association of Risk Professionals (USA)
- Sue Carter, chief financia- officer, KBR (USA)
- Brian Cummings, information risk management lead for North America, Tata Consultancy Services (USA)
- Christine Eick, executive director of risk management, Auburn University, Alabama (USA)
- Steve Fowler, chief executive, Institute of Risk Management (UK)
- Patrick Gougeon, director of the London campus, ESCP Europe (UK)
- Nicola Harvey, group risk director of Christie’s, and chair of the Association of Insurers and Risk Managers (UK)
- Andrew Kakabadse, professor of internationa- management development at Cranfield School of Management (UK)
- Hans Læssøe, senor director for strategic risk management, Lego Systems A/S (Denmark)
- Matthew Lawson, litigation partner, Mayer Brown (UK)
- Chris McGloin, vice-president for risk management and insurance, Invensys (UK)
- Eddie McLaughlin, managing director and globa- practice leader, Marsh (USA)
- David Millar, chief operating officer, Professional Risk Managers’ International Association (UK)
- Tom Mumford, senior vice-president for commercial, KBR (USA)
- Stuart Pickford, litigation partner, Mayer Brown (UK)
- Julie Summerell, consultant, Serco Consulting (UK)
- Arnout Van der Veer, board member of the Institute of Risk Management, and chief risk officer of a London-based internationa- FTSE-100 company (UK)
- Malcolm Zack, audit director, Brakes Group (UK)

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Jeudi 27 Janvier 2011

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