Uneasy lies the head that wears the crown. Corporate directors and officers know this all too well.
Top bosses have much to keep them awake at night – corporate performance and growth, changing regulatory and political environments, and emerging business risks such as cyber incidents. Add to this the changing nature of accountability, and the job of a corporate boss in today’s world is anything but child’s play.
Understandably, the expectations from regulators, investors and the general public are rising as business, social and political linkages deepen. This means that directors and officers (D&Os) are expected to take responsibility when things go south.
So what are the top risks facing directors and officers this year? Allianz Global Corporate & Specialty (AGCS) identifies the key trends to watch: