Banking
How Banks Manage Risk? ~ II
A Bank must have risk management framework to provide a coherent foundation for effective management of key risks. Also, a Bank must have minimum standards of a sound risk management […]
A Bank must have risk management framework to provide a coherent foundation for effective management of key risks. Also, a Bank must have minimum standards of a sound risk management system as follows:
- Active Board as well as Senior Management Oversight;
- Risk Management Department as well as Various Committees;
- Policies and Procedures;
- Appropriate Management Information System; and
- Comprehensive Internal Controls and Limits.
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ldmahat
LD Mahat is a Chartered Accountant, Financial Adviser and Risk Management Specialist possessing over 29 years of diverse experience across several sectors covering a wide spectrum of assurance, business advisory and taxation disciplines. LD is a committed, highly motivated and result-oriented professional, consistently developing and nurturing client relationship and building long-lasting relationships with diverse clients. He has the ability to define issues, propose customized solutions that significantly add value and contribute to client’s success.
LD has got master’s in risk management form New York University, Stern Business School. He has undergone executive education at Harvard Business School and Insead Business School. He was risk management specialist in several Asian Development Bank Funded projects. He has provided risk management advisory services in various Nepalese corporate sectors.
LD has worked on large projects jointly with big 4 international accounting firms ~ PwC, Deloittee, Ernst & Young and KPMG in the field of Assurance, Diagnostic Review, Capacity Building, e-Government Procurement, e-Governance, Special Review, Investment Climate, and IFRS Implementation.