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Board Risk Oversight Guidance

By Randi Morrison posted 07-05-2023 07:45 PM

  

Another NACD report in the Future of the American Board series: The “Risk Committee Blueprint” (in collaboration with Marsh McLennan) offers relevant benchmarking data, considerations, questions (to facilitate the board’s self-assessment of oversight practice/process gaps), and guidance across four key areas of board risk oversight: oversight structure, board expertise and composition, management’s reporting to the board, and annual board and committee calendars and agendas. Among other instructive tools, the guide outlines the multiple alternative approaches to allocating risk oversight responsibilities and an effective management risk reporting framework.

See the release and additional resources on our Risk Management & Oversight page. 

    This post first appeared in the weekly Society Alert!

                          

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