OCC Heightened Standards (12 CFR Part 30, Appendix D)
II. Standards for the risk governance framework – OCC Heightened Standards (12 CFR Part 30, Appendix D)

OCC Heightened Standards (12 CFR Part 30, Appendix D) II.L.1: Board talent role: Appoint the CEO, CAE and Chief Risk Executives

What does II.L.1 require?

The board or an appropriate board committee should appoint a CEO and appoint or approve the appointment of a Chief Audit Executive and one or more Chief Risk Executives with the skills and abilities for their roles.

Maintained by Gerard BlokdykVerified against the published standard Control text last updated

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