Risk appetite becomes very real

In this session, “Risk appetite becomes very real”, Matt Mueller, Chief Information Officer at Iluka, explored the perspective of a CIO who recently transition from a CRO role.

Previously reporting to the Board on broad risk matters (including cyber security) along with internal audit and insurance, the broad commercial background is providing a unique perspective to the challenges and opportunities leading the technology group in a global resources business. Matt talked about this journey so far from working on the risk appetite of the business with the Board, to the appetite for risk it takes in being accountable for cyber security and developing a holistic technology strategy that will support (and protect) Iluka’s business. He also provided the audience with a brief view of mineral sands and how the IT group in Iluka is moving to deliver bottom line value in addition to services for end users.

Matt started his career in technology mainly in software development for online platforms and commerce systems, moving into data analysis – including starting a software company. Matt later worked for Deloitte, then starting a IT advisory business in a BRW Fast 100 firm. In 2008 Matt moved to risk, becoming the head of risk for a large electricity distribution and transmission company, and then moving onto group level roles at Origin Energy in Sydney and working across Asia Pacific at EY. Matt has worked with Boards and Executives across Singapore, Australia and New Zealand on a range of technology and risk matters, is a Fellow and State Councillor of the Governance Institute of Australia, was a guest lecturer at Curtin University, and presented on developing and leading high performance teams at the UWA MBA Programme.

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