Enhancing geopolitical risk oversight in an increasingly challenging world

01 December, 2021Risk Webinar
Hanif Barma, Co-founder, The Risk Coalition
Mark Cliffe, Senior Advisor, KPMG UK
Andrew Cunningham, Founder, Darien Analytics
Derek Leatherdale, Managing Director, GRI Strategies

As we transition into a more geopolitically contested world, the business impacts of nation-state competition are growing across many industry sectors and markets. The financial sector is especially exposed, both in terms of its own business models and also indirectly via exposures to major corporate clients.

Whilst levels of concern about geopolitics in the financial sector have been rising for some years now, many on boards and senior management teams also indicate they don't feel confident in their risk management capabilities in this area. The increasingly complex overlap between geopolitical and ESG issues is only making this area more challenging.

The session explored where impacts, and perceptions of concern are greatest, and considered a framework for boards, risks committees and risk functions that can help financial institutions develop more mature capabilities in this area.

The panel drew on recent examples and case studies during the discussion.

Find out more at https://risk.libf.ac.uk