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You have been appointed as a consultant to the CEO of Consolidated Bank Limited (CBL). CBL is a merger of three banks whose licences were

You have been appointed as a consultant to the CEO of Consolidated Bank Limited (CBL). CBL is a merger of three banks whose licences were withdrawn by the Bank of Ghana due to persistent poor performances as a result of poor Risk management and poor corporate governance practices. The CEO of the bank wants a clear account of the risks faced by the bank.

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Write a report that outlines the risks faced by the bank. What advice would you offer to the CEO for formulating strategies to manage these risks faced by the bank?

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