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More chief risk officer roles needed in Asia, expert says

Risk

Andrew Chan, Senior Manager, Risk & Opportunity at CLP Power Hong believes that risk managers should position themselves as risk leaders and elevate risk-related conversations to the C-suite level. Chan, who has also held key global risk and insurance roles...

calendar icon11 May 2026

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More chief risk officer roles needed in Asia, expert says

Andrew Chan, Senior Manager, Risk & Opportunity at CLP Power Hong believes that risk managers should position themselves as risk leaders and elevate risk-related conversations to the C-suite level.

Chan, who has also held key global risk and insurance roles at Hong Kong Shanghai Hotels, Dairy Farm Group and PCCW, is a speaker at the 2024 Global Programmes Asia conference, to be held in Singapore on 28 November 2024.

At his presentation, titled Getting a good deal from the insurance market, he plans to tell conference participants that risk professionals need to take a more holistic approach to get the most out of their risk and insurance programs.

He notes that particularly in Asia, risk managers aren’t always at the C-suite level. “I think the risk landscape is becoming more mature in Australia but in Hong Kong and Asia, there aren’t a lot of chief risk officer roles,” he says.

A holistic approach

Chan says a holistic approach, that includes insurers, risk engineers and brokers, is crucial in elevating risk-related conversations to the C-suite level in Asia.

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