Chief Compliance Officers an Undervalued Asset

Chief Compliance Officers an Undervalued Asset

Donna Boehme – Board IQ-A Financial Times company – January 24, 2012


Mutual funds benefit from investing in undervalued assets. And there’s no smarter buy than the hard-working chief compliance officer – the professional recently named by former federal prosecutor Michael Volkov in as the 2011 person of the year.

Once considered a “backwater career,” the fund compliance function has emerged as the critical guardian against both external and internal threats to the firm. But according to Volkov, this trend has occurred at a time when CCOs across all industries face “institutional forces which hold them back from achieving their mission.”

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