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As global business risks intensify, risk management is taking on an increasingly important role in companies around the world. A recent Accenture survey underlines this shift. Titled “Risk Management for an Era of Greater Uncertainty,” the study included respondents from 446 organizations around the world. Ninety-six percent said their business has an individual who functions as the chief risk officer, although in some cases without the formal title “CRO.” This is up substantially from the 78 percent of companies in Accenture’s 2011 survey that had designated a chief risk officer.

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