Enterprise Risk Management Initiative, Poole College of Management, North Carolina State University

Providing Thought Leadership, Education and Training on the Subjects of Enterprise Risk Management

Chief Risk Officer vs. Risk Committees

Bruce Branson

Authored by SME

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A major stumbling block companies run into when beginning their ERM journey is whether to have one risk champion (CRO) or have a committee that handles risk oversight. Paul Zavolta, Director of ERM at Alpha Natural Resources, tells how Alpha Natural Resources uses both and discusses the importance of having individuals in risk leadership positions who possess strong people skills in addition to their technical expertise. He also goes into how he wishes he had risk management education as a college student and how that would have helped him throughout his career.

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Categorized Under: Chief Risk Officers (CROs) – Roles and Responsibilities / Enterprise Risk Management Basics / ERM Videos / Executive Leadership for ERM / Miscellaneous ERM Topics / Risk Management Leadership / Risk Leaders (Chief Risk Officers) / 
ERM Enterprise Risk Management Initiative 2012-10-02