Understanding geopolitical risk and how to manage it
Geopolitics is a source of risk in the short- to medium-term, making it a significant point of discussion among the C-suite. So how can financial institutions approach this risk and how does it feed into and interact with other non-financial risks? We spoke to experts at RiskMinds International to find out.
Bolstering organisational resilience through savvy non-financial risk management
Raminder Boparai, Chief Risk Officer for Markets Division at London Stock Exchange Group, elaborates on the impacts of geopolitical events on market stability and investor confidence. He shares valuable lessons learned from past crises such as the Russia-Ukraine conflict, stressing the importance of playbooks and scenario planning. Raminder also addresses major non-financial risks like cyber threats and third-party risks and emphasises the need for agility and strong risk culture within organisations to maintain operational resilience.
Understanding the impact of geopolitics with Meryl Harland & Philipp Wackerbeck, PwC
Meryl Harland, Banking Treasury Leader, PwC, and Dr. Philipp Wackerbeck, Global Head of Financial Services, PwC Strategy&, join the RiskMinds International Studio to discuss the challenges of managing geopolitical risk. Learn about the challenges faced by financial institutions and the urgent need for technological advancements, including AI, to better predict and manage risks in an increasingly volatile world.