"an effective approach to managing through the balance sheet requires putting risk and capital at the heart of the bank's strategy". with reference to the banking sector, question 1.1 critically discuss the elements that should be prioritised when formulating a risk management strategy. question 1.2 As highlighted in the study results, many bankexecutives spoke of the need to invest more board level time and attention into defining the enterprise's overall risk appetite as the critical starting point for setting it's portfolio and corporate strategy. do you agree with this statement? provide relevant evidence to substantiate your response (20 marks) Question 2. Using any relevant examples, critically evaluate any four approaches that can be fully utilised by executives within the banking sector in recognising and rating risks. (20 marks) Question 3. AOL company is an Oil and gas company operating in South east Asia. The management decided to expand its commodity-based business to countries to Asia and Europe. In the context of AOL, construct a basic risk register highlighting a minimum of 7 risks. (20 marks) Question 4. Avoidance is a risk control technique that can be used effectively in a risk management program. considering this, examine the primary benefits of utilising this technique in a risk management program and comment if it can be used for all organisational risks. Substantiate your response with relevant content. (20 marks)