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Operational Risk Faces an Identity Crisis as Firms Rethink Value Beyond Compliance
Operational risk teams must move beyond frameworks, oversight and compliance if they are to remain relevant, according to Elena Pykhova. Speaking at Next Gen OpRisk Europe 2026, she argued that the function's future depends on demonstrating clear business value, delivering actionable risk intelligence, and simplifying risk processes. Her three-principle framework challenges firms to rethink how operational risk supports resilience, decision-making and organizational performance.
Nov 13, 2026
Elena Pykhova
Elena Pykhova, CEO & Founder, The OP Risk Company Limited
Tags: Operational and Non Financial Risk


The views and opinions expressed in this content are those of the thought leader as an individual and are not attributed to CeFPro or any other organization
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