Mitigating litigation with a risk committee

In the September/October edition of the Director Journal’s column Directors’ Dilemma, partner Andrew Gray addresses the question: “What are the advantages and disadvantages of establishing a risk committee?”

He told Directors’ Dilemma that a risk committee may enhance the risk oversight function of the board, make recommendations on the organization’s risk appetite and tolerance, as well as bolster its ability to handle compounding risks.

“Establishing a risk committee allows a board to fulfill its oversight role and mitigate litigation concerns,” Andrew added.

You can read the full column here.

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