For much of the past decade, operational resilience was treated as an insurance policy: costly, necessary, and largely invisible when things went right. Today, that framing is no longer sufficient. In an era marked by supply-chain fragmentation, cyber disruptions, climate volatility and abrupt shifts in capital flows, resilience has emerged as a source of competitive…
Boardrooms are being reshaped less by regulation than by risk. Across markets, directors are discovering that traditional governance frameworks, built for incremental change and stable assumptions, are increasingly misaligned with a world defined by volatility, technology shocks and geopolitical spillovers. By 2026, “good oversight” will no longer be measured by the number of committees formed…
For years, cybersecurity was treated as a technical function: delegated to the CISO, discussed in IT sub-committees and reviewed primarily through the lens of compliance. That era is decisively over. In today’s environment of AI-enabled threats, geopolitical cyber spillovers and digitally intertwined supply chains, cyber resilience has become a CEO-level metric, one that increasingly defines…
Artificial intelligence has moved faster into boardrooms than most previous technologies. In a matter of months, AI systems have been embedded into customer service, credit assessment, fraud detection, HR screening, software development and strategic analysis. For many organisations, the narrative is one of rapid adoption and visible productivity gains. Yet beneath this enthusiasm sits a…
Cybersecurity has long been treated as a technical discipline, often siloed within IT teams and measured by compliance metrics, incident response times, or the number of vulnerabilities patched. But the reality is changing cyber risk is no longer an operational footnote it is a core dimension of business strategy. Today, boards are less interested in…
As India’s banking and non-banking system enters 2026, headline metrics suggest robustness. Yet the Reserve Bank of India’s latest “Report on Trend and Progress of Banking in India 2024-25” reads less like a performance review and more like a strategic risk playbook for corporate treasuries and BFSI leadership. Growth, digitisation and financial inclusion are reframed…
Liquidity risk has re-emerged as the defining challenge for corporate treasurers worldwide. In global surveys, it consistently ranks as the No. 1 concern, ahead of FX volatility, cyber incidents and counterparty risk. Elevated interest rates have sharpened the cost of holding excess cash, while vulnerabilities in banking systems across the US, Europe and parts of…
India’s financial architecture has periodically undergone step-change reforms that quietly but fundamentally altered economic participation. Bank nationalisation expanded credit access. Dematerialisation modernised capital markets. UPI democratised payments at an unprecedented scale. The growing conversation around asset tokenisation suggests the next frontier may lie not in how Indians transact, but in how they own, invest and…
For much of the decade following the global financial crisis, currency volatility was treated as a manageable background risk rather than a board-level concern. Central banks smoothed extremes, interest rates stayed near historic lows and treasury teams optimised around efficiency rather than resilience. That era has decisively ended. Since 2022, global treasurers have been forced…
Corporate fraud in 2025 did not merely “move online”. It learned to operate like a digital business process. Fraud schemes increasingly mirrored legitimate workflows, exploiting payment rails, identity systems and insider access with a precision that traditional controls were never designed to detect. What emerged was a new doctrine of misconduct: faster execution, lower visibility…
