YES BANK has appointed Nitesh Ranjan Prasad as Head of Operational Risk, bringing more than 20 years of experience across banking, operational risk, technology risk, information security governance, outsourcing risk, digital risk and credit risk. Prasad joins YES BANK after Read More …
Tag: Operational Risk
YES Bank Appoints Risk Leader
BRICS Moves from Cyber Policy to Cyber Drills for Financial Institutions
At the BRICS Finance Ministers and Central Bank Governors meeting held in Mumbai on September 10, 2026, member countries commended the third iteration of the BRICS Cyber Exercise and Drills, conducted under the theme Resilience and Cooperation for Cyber Defence. Read More …
Risk Experts Urge Stronger Governance
Risk management professionals in Nigeria have called for stronger risk awareness, accountability and preventive controls to address avoidable losses, workplace accidents, regulatory breaches and financial mismanagement. The call was made at the 2026 National Risk Management Conference and Awards Ceremony Read More …
FinRegE Urges Banks to Fix Data Quality Before Investing Further in RegTech
Financial institutions should prioritise improving data quality and data governance before investing heavily in additional regulatory technology (RegTech) solutions, according to industry experts. The recommendation highlights a growing challenge in financial services: advanced compliance technologies can only deliver effective outcomes Read More …
Seven Risk Capabilities BFSI Institutions Must Strengthen
India’s banking, financial services, and insurance sector is operating under a pace of regulatory and technological change that few institutions were built to absorb comfortably. RBI has reworked concentration risk, credit facilities, fraud risk, and loan recovery frameworks within a Read More …
AI-Powered Customs Risk Management Strengthens Trade Compliance
Artificial intelligence (AI) is increasingly being adopted in customs and trade risk management to improve compliance monitoring, identify potential violations and enhance efficiency in cross-border trade operations. The use of AI in customs processes reflects the broader shift towards data-driven Read More …
Free Preview of Incident, Failure & Response Management
Operational incidents can disrupt business processes, affect customers, create financial losses and expose organisations to regulatory and reputational consequences. A single operational incident can also reveal weaknesses in processes, controls, technology and risk management frameworks. The quality of an organisation’s Read More …
Deepwater Horizon Risk Management Case Study
On 20 April 2010, hydrocarbons escaped from BP’s Macondo well beneath the Deepwater Horizon drilling rig in the Gulf of Mexico. Gas reached the rig, ignited and caused explosions and a fire. Eleven workers died, 17 suffered serious injuries, and Read More …
Why Risk Management Is an Essential Business Skill for Every Professional
Risk management has become an essential capability for professionals across industries as organisations face increasing uncertainty from economic changes, technology disruption, regulatory developments and operational challenges. Traditionally viewed as a specialised function handled by risk teams, risk management is now Read More …
AI in Risk Management: Practical Applications and Key Considerations
Artificial intelligence (AI) is increasingly transforming the risk management function by enabling organisations to identify threats earlier, analyse complex data patterns and make more informed decisions. As risks become more interconnected and dynamic, AI-powered tools are helping risk professionals move Read More …