Recruitment of chief risk officers across all industry sectors is ‘need of the hour’

By Katie Scott2026-05-28T09:00:00

Leading risk professionals call for listed companies to have mandatory c-suite risk experts on their boards as market feedback suggests that chief risk officers are still viewed as a ‘novelty’ or ‘an exotic creature’

The recruitment of chief risk officers (CROs) is the “need of the hour” to successfully support actioning proactive risk management strategies, with prominent risk professionals urging that this kind of hire must become “as common for a corporation as having a chief financial officer”.

This was the view of risk management professionals, brokers and academics that attended Strategic Risk’s latest SR:500 Exchange roundtable, held virtually on 28 April 2026 and titled ‘Aligning risk and insurance amid geopolitical disruption: How risk managers and brokers view underinsurance and protection gaps’.

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