Executive Perspectives on Top Risks Survey Insights

This report presents findings from the 13th annual Executive Perspectives on Top Risks Survey, which gathered insights from 1,215 board members and C-suite executives globally. The survey focuses on the top risks perceived by these leaders over both near-term (two to three years) and long-term (next decade) horizons, categorizing them into macroeconomic, strategic, and operational risks. The financial services industry exhibits heightened concern regarding the risk environment compared to other sectors, with operational risks dominating the top ten near-term risks. Key findings include the significant impact of economic conditions, cyber threats, and regulatory changes on the industry. The report emphasizes the interconnectedness of these risks and the necessity for financial institutions to engage in horizon scanning and scenario planning to navigate uncertainties. Additionally, the report discusses the importance of attracting and retaining talent in a rapidly evolving technological landscape, highlighting the dual nature of artificial intelligence as both a risk and an opportunity.