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Her father retired this year as the president of a health care risk management unit of Munich Re, a German insurance company; he worked in Princeton, N.J.
That led to a job heading a new risk management unit.
"Most companies are absolutely uninsured for IP issues at this time," says Peter Gerken Peter Gerken, who heads up the intellectual property risk management unit at Marsh, a division of Marsh and McLennan.
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As part of the Senior Management Team, Mr. Badré oversees the finance and risk management units across the Group and the General Services Department.
Every bank had a risk-management unit, Cont points out, but the risk manager usually wasn't a major figure, and the quantitative analysts in the risk units typically had little influence on major bank decisions.
BlackRock's risk-management unit has helped the Federal Reserve sell impaired subprime assets and the Irish central bank make sense of its crippled financial institutions.
BlackRock Solutions, a risk-management unit that advises big-name clients like the Federal Reserve and the Central Bank of Ireland, became a profit engine for the firm this year, as the volatile global economy increased demand for its services.
"Good risk management is about not being surprised," says Shyam Venkat, a partner in PricewaterhourseCoopers financial risk-management unit in New York.
She is a client specialist who works on accounts for its commercial marine liability, cargo and risk management insurance unit.
When the OCC finally complained about lax risk management in that unit, Ina Drew harangued its staff for 45 minutes about their "intrusive" questions.
P22 Security culture and risk management in intensive care units: risk cartography in a French intensive care unit.
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