Risk appetite / Risk team structure [40]

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Bullet points include: ERM established at Hydro One in 1999 As part of spinoff from Ontario Hydro, management and Board set high goals for following best practice with superior corporate governance and business conduct Wanted to look at risks and opportunities in an integrated way Believing would lead to better overall allocation of corporate resources Scheduled deregulation of electricity markets also posed an external challenge Increased scrutiny on corporate governance implied need for a comprehensive risk  management program

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