Yonhap Infomax NewsApr 1, 2025
Citibank Korea elevates Kim Kyung-mi to Deputy CEO role, leveraging her extensive risk management experience from Citigroup's New York headquarters to lead the bank's risk strategies.
#YonhapInfomax #CitibankKorea #DeputyCEO #KimKyungMi #RiskManagement #ChiefRiskOfficer #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=56496
Citibank Korea Appoints Kim Kyung-mi as Deputy CEO and Head of Risk Management

Citibank Korea elevates Kim Kyung-mi to Deputy CEO role, leveraging her extensive risk management experience from Citigroup's New York headquarters to lead the bank's risk strategies.

Yonhap Infomax
BDMar 23, 2023

Ooph.

"It turns out the bank that failed this month had quietly operated without a chief risk officer for much of the past year... SVB’s alarming exposure to rising interest rates wasn’t hard to see coming and should have been easy to hedge against... risk doesn’t have to be excessive or exotic to be existential."

"Tech’s favorite bank failed because its risk management did first."

https://www.wsj.com/articles/svb-silicon-valley-bank-collapse-chief-risk-officer-f6e1fcfd

#riskmanagement #chiefriskofficer #svbcollapse

Chief Risk Officer: The Most Thankless Job in Banking

Before the money started fleeing SVB, the company operated without a chief risk officer for much of 2022. When success means averting danger, it’s hard to notice when someone’s not on the job until it’s too late.

The Wall Street Journal