Risk is no longer just about protection—it’s about possibility. In today’s fast-moving financial landscape, Chief Risk Officers (CROs) are no longer confined to compliance; they are emerging as strategic enablers of growth.
Commissioned by the City of London Corporation’s Lord Mayor’s Office, this pioneering research—led by Bayes Business School and The Finsbury Institute—delves into how CROs can unlock value, drive innovation, and help shape the future of risk leadership.
Why this matters
Under the Lord Mayor’s "Growth Unleashed" theme, the UK’s global leadership in financial services depends on fostering an environment where:
- Risk fuels opportunity—moving beyond prevention to actively encouraging success
- Regulation and growth go hand in hand—shaping policies that promote innovation while ensuring stability
- CROs take the lead in value creation—transforming risk management into a catalyst for business success.
Join the conversation
This exclusive event series brings together CROs, regulators, policymakers, and industry leaders to explore the evolving role of risk leadership in driving sustainable growth.
Be part of the movement redefining risk and growth.
Date for first event coming soon, June 2025.
The research
Optimising Growth: The Evolving Role of the CRO
Ensuring sustainable growth in any organisation is essential. This report examines the evolving nature of the Chief Risk Officer (CRO) role within UK Financial Services firms as they, and their boards, navigate the strategic duality of risk: ensuring threat protection while enabling value creation.
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Meet the team
This pioneering research was commissioned by the City of London Corporation’s Lord Mayor’s Office and undertaken by academics at Bayes and The Finsbury Institute.
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The Lord Mayor’s Fellowship
Strong connections between City St George’s and the City of London Corporation will help us work together to support new research and innovation to create positive impacts across industry and society.