Risk Appetite Statements - Words That Constrain Behaviour

MBA / Exec-Ed simulation of a 60-minute drafting sprint to build a Petrolia risk-appetite statement that survives Board Risk Committee interrogation, the CER Article-51 filing, and a live USD 40M M&A trigger with incomplete cyber diligence. Three rounds: Diagnose the existing nominal statement, Design a five-block quantitative appetite framework with metrics annex, Defend to Mercedes Aravena. Built on COSO 2017/2020, ISO 31000:2018, FSB 2013 Principles, Sweeting Ch. 7, and Aven on language-as-knowledge-claim.