Risk management committee and CEO attributes on the financial performance of banks in Nigeria

The financial strength of any country depends on the efficient and effective performance of the banking industry. The implementation of good corporate practices is an essential and critical component for the banking industry in reducing risk for investors, providing a good financial system, and improving banks’ performance. This study investigated the effects of risk management committee and CEO attributes on the financial performance of banks in Nigeria. The research used secondary data obtained from the Data Stream and annual reports of all 22 banks in Nigeria for the year 2019-2020 with 44 observations. In addition, the regression was based on Panel Corrected Standard Error. The result indicated that risk management committeeand CEO ownership have a positive significant association with financial performance. While CEO tenure has a negative insignificant association with financial performance. This study provided suggestions for future research work and several recommendations for regulators and the Nigerian banking industry.