In today’s risk-focused environment, financial institutions must ensure that their incentive compensation plans are meeting regulatory requirements. In this short video, Kevin Blakely, senior vice president and chief risk officer at Huntington Bancshares of Columbus, Ohio, talks about how his institution addressed this challenge and shares his role in balancing compensation plans throughout the organization.
- The risks of incentive compensation plans
- How to minimize excessive risk taking
- The role of the chief risk officer
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