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Have you clambered aboard this bandwagon? IDC, an IT research organisation, reports that risk management has become a top-of-mind concern for CFOs and finance executives these days.

In a blog post, IDC senior research manager Michael Araneta notes a fall in the average age of C-level executives in the Asia-Pacific financial services industry. "Several qualities will be common among the industry's new leaders, foremost among which is, of course, competency in risk management," he writes.

"We have seen over the past years how risk management executives have become more prominent, playing ever more critical roles in the organization. The crisis will serve to underscore the need for astute risk management skills."

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