This week we welcome existing ORIC International Board member Justin Elks to the position of interim Chairman. We are excited to have Justin take over this role as ORIC International continues its global growth.
Mr Elks says, “I am pleased to be able to help ensure an effective transition, keeping ORIC’s focus on advancing operational risk management and measurement – for the benefit of its current and future members, the wider industry and all its stakeholders.”
ORIC International has developed a nomination and governance committee, with Anne Murphy, Head of Odgers Berndtson’s UK Financial Services practice (a pre-eminent executive search firm), participating as a committee member to support the Board in identifying a new Chairman and ongoing succession plan.
Once again, we would like to take this opportunity to thank Michael Sicsic for his service as Chairman, and we now welcome him in his new capacity on the Board as an independent non-executive director.