Saying the role of risk managers is growing in importance, thepresident of the Risk and Insurance Management Society (RIMS)declared there are no boundaries to the level of influenceprofessionals will ultimately have with the C-suite.
In her opening address to the 50th annual RIMS conference,President Deborah M. Luthi said the role of risk managers hasevolved greatly from the days of simply purchasing and filing aninsurance policy—and “somewhere along the way, risk managementbecame cool.”
Risk managers, Luthi noted, are creating “opportunity out ofuncertainty” while finding “effective and affordable solutions” fortheir business or institution. Risk professionals, she said, forthe first time “have a well-defined path” to achieve directinfluence on the chief executive officers of theirorganizations.
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