Has the Covid-19 pandemic shed new light on the board's fiduciary duties, how can they meet the increasingly complex expectations of different stakeholders? These are some of the questions Rachael Johnson, ACCA's Professional Insight's Head of Risk Management and Corporate Governance, poses to David R Koenig, a renowned author and experienced risk professional, on effective risk governance and risk taking.Their conversation includes key takeaways from David's book, moving away from perceiving risk as loss and towards building trust and the benefits of having diversity of board members.David is a global leader in the governance of risk and founder of the Directors and Chief Risk Officers group (the DCRO). He also is one of the founders of both the Professional Risk Managers’ International Association (PRMIA) and the PRMIA Institute and serves on the US' Advisory Board of the Center for Advancing Corporate Performance. This episode is part of the Rethinking Risk podcast series to support our members as they navigate the rapidly changing and increasingly uncertain world.