BNY Mellon’s CRO: ‘IT must own the risk of their business decisions’

Veteran risk manager and former trader Senthil Kumar gives his views on “intelligent” risk-taking.

Senthil Kumar
Senthil Kumar, BNY Mellon

Senthil Kumar, the chief risk officer (CRO) at BNY Mellon, sees risk everywhere. Not just from a potentially crippling cyber attack or the actions of a rogue employee, but in the small things.

“When I drive home from work, I take a risk,” he says. “When I decide to take the train instead, I take a risk. When my son asks me about trying a different activity, I tell him to try to understand the pros and cons.

“It’s a simple life principle: we take risks in everything we do.”

And it’s a life

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