Emerging Risks, Heightened Expectations Make Second Line’s Board Reporting More Critical

This article was adapted from a session at RMA’s 2022 Governance, Compliance, and Operational Resiliency (GCOR) Conference, “Managing Up: Supporting Board Oversight of New and Emerging Risks.”

Before he actually became a corporate board member, Dean Yoost used to picture the experience as “a placid walk down the fairway with an occasional lunch and a pretty easy job.”

“That hasn’t proven to be the case,” said Yoost, who is currently on the boards at MUFG …