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RISK MANAGEMENT NUMBER-CRUNCHING

City PM Published May 13, 2009 Reviewed Jul 3, 2026 ✓ Reviewed by citations.press editors
Citation-ready fact
In a survey of 800 risk professionals, 43% said risk managers in general had failed to communicate risk effectively to their organisations.
800 · risk professionals43 % · risk professionals who said risk managers failed to communicate risk effectively
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Citation-ready fact
In a survey of 800 risk professionals, 63% said the credit crunch had been beneficial for them in terms of career advancement and remuneration.
63 % · risk professionals who said the credit crunch was beneficial for their career advancement and remuneration
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Citation-ready fact
In July 2008, 49% of financial institutions said they wanted to appoint a pure risk professional to the board.
49 % · financial institutions wanting to appoint a pure risk professional to the board
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Citation-ready fact
In July 2008, only 12% of financial institutions actually had a pure risk professional on the board.
12 % · financial institutions with a pure risk professional on the board
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Citation-ready fact
As of the article’s publication month (implied to be July 2009), 58% of financial institutions wanted to appoint a pure risk professional to the board.
58 % · financial institutions wanting to appoint a pure risk professional to the board
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Research conducted this year by GRS, the leading financial recruitment organisation, has revealed the following statistics.

In a survey of 800 risk professionals, 43 per cent said that risk managers in general had failed to communicate risk effectively to their organisations.

63 per cent said that the credit crunch had been beneficial for them in terms of their career advancement and remuneration.

In July 2008, 49 per cent of financial institutions said that they wanted to appoint a pure risk professional to the board, rather than having the role of overseeing risk fall within the remit of the Financial Director or the Head of Audit. As of this month, the figure has risen to 58 per cent.

However, in July last year, only 12 per cent of financial institutions actually had a pure risk professional on the board.

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