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The Risk Management Board (RMB) is responsible for overseeing the Risk Management Process in an organization. They report to the Program Manager (PM) and key Stakeholders. The RMB is comprised of risk professionals, subject matter experts and stakeholders. Risk management issues have been at an all-time high. Boards can continue to expect risk management to be an increasingly challenging part of board decision-making. There is a lot at stake with poor risk management practices. The impact will be felt from the top to the bottom and transcend across the board, management, and stakeholders. This focus on the board’s role in risk management has also led to increased public and governmental scrutiny of compensation arrangements and the board’s relationship to excessive risk taking and has brought added emphasis to the relationship between executive compensation and .