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chief risk officer (CRO)

A chief risk officer (CRO) is an executive-level individual responsible for an organization's strategies, objectives, and techniques for handling all types of risk facing the enterprise.

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This is a holistic approach to risk that takes into account the company's growth, profit, and revenue. CROs are concerned not only with hazard risk (the traditional realm of risk managers) but also operational and financial risks.


enterprise risk officer

Related Terms

Enterprise risk management (ERM) is a holistic approach to identifying, defining, quantifying, and...