Risk is Our Business
Welcome to Risk Is Our Business, where we explore the principles of Governance, Risk Management, and Compliance — to reliably achieving objectives, navigating uncertainty, and act with integrity. Here, we follow the Prime Directive of Risk Management: No decision or strategy moves forward without understanding its impact on our objectives, our resilience, and our values. Because risk isn’t the enemy, it’s the mission. After all, risk is our business. Join us as we go boldly into the world of GRC.
Episodes

44 minutes ago
44 minutes ago
In this episode of Risk Is Our Business, we chart a course through the unknown with Andrew Olsen, Director of Risk Management at Stewart Title and an expert in integrated risk and third-party oversight. Andrew joins host Michael Rasmussen to explore the next frontiers of risk management, from today’s operational challenges to the emerging threats just over the horizon.
What keeps a modern risk leader up at night? For Andrew, it’s not just cyber threats or regulatory pressure, it’s the uncharted impact of artificial intelligence, the growing complexity of third-party ecosystems, and the need to evolve risk technology before it falls behind the threats it’s meant to monitor.
In this candid conversation, Andrew unpacks the real-world hurdles of vendor risk management, shares how he's currently leveraging technology to stay ahead, and lays out his vision for the future of risk tools — systems that are not just dashboards and data, but active copilots in decision-making. He also reflects on how risk teams can escape the back-office echo chamber and deliver visible, strategic value to the enterprise.
From warp-speed change to boardroom translation, this episode is a reminder that risk management isn’t about slowing down, it’s about navigating smarter.

4 days ago
4 days ago
In this episode of Risk Is Our Business, Michael Rasmussen sits down with Elena Pykohva — award-winning risk expert, international educator, and author of ' Operational Risk Management in Financial Services: A Practical Guide to Establishing Effective Solutions'. Together, they explore what it takes to move operational risk beyond checklists and siloes, and toward something far more powerful: a fully engaged, enterprise-wide force for good.
With deep experience across financial services, from G-SIFIs to fintechs, Elena brings both strategic insight and hard-earned lessons from the field. She shares why operational risk must be reimagined, not as a compliance exercise, but as a people-powered, forward-looking discipline that drives real impact. Together, they discuss what distinguishes effective operational risk from empty frameworks, how to dismantle siloes that isolate risk professionals, and why conversation, culture, and connection are essential to delivering outcomes that matter.
If you’re ready to leave behind fragmented models and engage risk as a dynamic, interactive driver of strategy, culture, and resilience, this episode is your star map.

7 days ago
7 days ago
In this episode of Risk Is Our Business, we embark on a journey with two forward-thinking leaders from Deloitte, Daniel Jørgensen and Rasmus Krighaar, who are reshaping the landscape of risk management and compliance. With deep expertise in AI, machine learning, advanced analytics, and GRC, they discuss the evolution of governance, risk, and compliance (GRC)—not just from a technological standpoint, but from a mentality perspective.
The conversation dives into Denmark’s unique compliance culture, where the cherished tradition of following rules has shaped its approach to risk management. Daniel and Rasmus explore how this cultural commitment to compliance has positioned Denmark as a leader in various fields, from regulation to governance.
Later, the discussion shifts to Denmark’s leadership in ESG, where Daniel and Rasmus highlight how the country’s commitment to sustainability is setting a global standard.
The episode also covers how AI is transforming GRC, enabling smarter, faster decisions, and how Deloitte is embracing the rise of digital twins to drive the next wave of innovation in GRC.
Join us on this cosmic journey as Daniel and Rasmus navigate the complex intersection of culture, technology, and governance—boldly going where few have gone before.

Friday Jun 06, 2025
Friday Jun 06, 2025
In this episode of Risk Is Our Business, Captain Michael Rasmussen is joined by Franck Baron—President of IFRIMA and Group General Manager for Risk Management & Insurance at International SOS—for a deep-space dive into the evolving world of enterprise risk. With a career spanning Mars to Danone, AXA to Firmenich, and leadership roles across Europe and Asia-Pacific, Franck offers a global perspective few can match.
They explore how the risk profession has changed over the years, and why those changes matter. From the growing confusion between risk and compliance to the cultural divides between U.S., European, and Asia-Pacific approaches, Franck unpacks the nuance behind the titles and frameworks. He makes the case for keeping risk and compliance distinct, even in a world where compliance risks are rising fast.
Most importantly, they ask the question: what does good risk management really look like inside an organization? Franck shares what works, what doesn’t, and how risk leaders can earn influence not by shouting the loudest, but by enabling better decisions, stronger resilience, and clearer strategy.
If you’ve ever felt like your risk program was stuck in orbit, this conversation might just give you the coordinates to chart a new course.

Wednesday Jun 04, 2025
Wednesday Jun 04, 2025
In this episode of Risk Is Our Business, Captain Michael Rasmussen welcomes aboard Laura Fox, Risk Director at AstroPay, for a high-warp journey through the risk galaxy. Laura reflects on her experience as a woman navigating a still male-dominated corner of the business universe, and why diverse leadership isn’t just a nice-to-have—it reshapes how teams approach uncertainty, challenge groupthink, and make smarter decisions.
She also tackles the great divide between best practice and boots-on-the-ground reality. From under-resourced teams to overengineered frameworks, Laura shares where theory often falls short—and how to bridge that gap without losing sight of what actually works.
From building risk frameworks from scratch to spotting the strategic opportunities others miss, Laura shows us what it takes to bring risk out of the engine room and into the command deck—where it belongs.
Tune in as they boldly go beyond the compliance checkbox and into the vibrant unknown of proactive, people-first risk leadership.

Monday Jun 02, 2025
Monday Jun 02, 2025
In this episode of Risk Is Our Business, we embark on a journey with André Schneider, Chairman of the World Climate Foundation, to explore the intersection of sustainability, risk management, and global leadership. With a background that spans from his early career as a professional musician to transformative roles at the World Economic Forum and Genève Aéroport, André shares how he’s charted a course for sustainable development across the globe. He discusses the challenges and opportunities in integrating sustainability into risk management strategies, and how leaders can navigate this evolving frontier to drive lasting change in infrastructure, climate action, and corporate responsibility. Tune in for a conversation that boldly tackles the future of sustainability in risk management.

Thursday May 29, 2025
Thursday May 29, 2025
In this episode of Risk Is Our Business, we embark on a journey with Stéphane Martin, CEO of Smart Risk Consulting and Co-Founder of Risk-In, recorded live at Risk-In 2025 in Zurich. Stéphane takes us through his years of experience as a risk management practitioner, sharing his mission to boldly navigate the ever-evolving landscape of governance, security, and resilience. He also reveals what it takes to organize Risk-In, a conference that gathers risk professionals to explore new frontiers in risk management. Tune in for an exciting and insightful episode that explores the final frontier of risk management!

Tuesday May 27, 2025
Tuesday May 27, 2025
In this episode, Michael Rasmussen boldly embarks on a journey of risk management with Alex Sidorenko, a global thought leader in the field. Together, they explore uncharted territories in risk management, discussing everything from Risk Management 1 (RM1) — the traditional process of identifying and mitigating risks — to the advanced world of Risk Management 2 (RM2), which integrates decision science and probability theory to make smarter, risk-based business decisions. As Alex delves into the complexities of RM1 and RM2, he shares insights on how AI is reshaping both worlds, automating the mundane tasks of RM1 while opening up vast new opportunities for RM2, from enhancing risk identification to running advanced simulations. Whether it's tackling the "blocking and tackling" of RM1 or revolutionizing decision-making in RM2, Alex emphasizes the transformative power of technology and the need for a solid foundation in risk management. This episode takes listeners on a thrilling voyage, exploring how the future of risk management is evolving and how technology, particularly AI, will play a pivotal role in this ongoing mission. Engage!

Wednesday May 21, 2025
Wednesday May 21, 2025
In the second episode of Risk Is Our Business, we boldly go where few GRC leaders have gone before, with Graeme Fleming. With over 25 years of experience charting the stars of governance, risk, and compliance, Graeme takes us on a journey from his early days at PwC to his current mission leading GRC strategies at Workiva. As we explore the evolution of risk management, Graeme reveals how it has shifted from a compliance-focused approach to a more strategic, objective-driven endeavor at the CEO level. In true Star Trek fashion, we discuss how GRC professionals can adapt to new challenges, leverage technology, and steer their organizations through the complexities of risk. Join us on this mission to understand how Graeme and other risk captains are navigating today’s GRC universe.

Sunday May 18, 2025
Sunday May 18, 2025
In this premiere episode of Risk is Our Business, Michael Rasmussen sits down with Andie Wood, a global regulatory expert with a fascinating background in biological sciences, data modeling, and technology. Together, they explore how regulations vary across borders, and how cultural context shapes compliance expectations. From biodiversity standards to boardroom reporting, Andie shares insights into why organizations report what they do, and how understanding the “why” can lead to smarter, more globally attuned risk strategies. Set phasers to "informed."