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ERM resource

John Fraser: an enterprise risk management pioneer

John Fraser is the former Chief Risk Officer of Hydro One Networks and a co-editor of the Wiley enterprise risk management textbooks. His work is a practical reference for teams building an ERM program. This resource summarizes his publicly published contributions and what risk professionals can take from them.

Who is John Fraser?

John Fraser spent more than 30 years in the risk and control field, mostly in financial services, spanning finance, fraud, derivatives, safety, environmental, computing, and operations. He is most associated with Hydro One, where his enterprise risk management program became one of the most cited case studies in the field.

Chief Risk Officer, Hydro One

Former CRO for 13 years and Senior Vice-President, Internal Audit, at one of North America's largest electricity transmission and distribution utilities.

Chartered accountant and auditor

Fellow of the Institute of Chartered Accountants of Ontario, Fellow of the ACCA (UK), Certified Internal Auditor, and Certified Information Systems Auditor.

Educator

Faculty at The Directors College Strategic Risk Oversight Program, and developer of a Master's-level Enterprise Risk Management course.

What his work teaches risk teams

These themes run through his textbooks and the Hydro One case studies cited below.

Make ERM practical, not a compliance exercise

His published work stresses enterprise risk management that supports real management decisions, rather than a paperwork ritual that sits apart from how the business is run.

Use the risk workshop

His case writing popularized the facilitated risk workshop, bringing managers together to identify, rate, and rank risks against a common scale so the register reflects the whole organization.

Anchor on risk appetite

His texts treat documented risk appetite and tolerance as the board-level line that decides which risks get treated and which are accepted.

Evolve the CRO role

His Hydro One case study traces how the Chief Risk Officer role emerged and matured, a reference point for organizations standing up an ERM function.

Key publications

Frequently asked questions

Who is John Fraser?

John Fraser is a Canadian risk management leader best known as the former Chief Risk Officer of Hydro One Networks, where he also served as Senior Vice-President, Internal Audit. He has more than 30 years in the risk and control field and is a co-editor of two widely used university textbooks on enterprise risk management. He is a Fellow of the Institute of Chartered Accountants of Ontario and of the ACCA, a Certified Internal Auditor, and a Certified Information Systems Auditor.

What is John Fraser known for in enterprise risk management?

He is recognized as an early, practical voice for enterprise risk management. His work at Hydro One is one of the most cited case studies on standing up a Chief Risk Officer function and running ERM as a management tool rather than a compliance exercise, and his co-edited Wiley textbooks are used in university and executive ERM programs.

What books did John Fraser write?

He is co-editor of Enterprise Risk Management: Today's Leading Research and Best Practices for Tomorrow's Executives (Wiley, 2010) and Implementing Enterprise Risk Management: Case Studies and Best Practices (Wiley, 2014), and co-author of the CICA's 20 Questions Directors Should Ask guides on risk and internal audit.

Is John Fraser affiliated with RiskWatch?

No. This page is an independent educational resource that summarizes John Fraser's publicly published work and career for risk professionals. It is not an interview, an endorsement, or a statement of any relationship with RiskWatch. See the Sources section for the public references used.

Sources

This is an independent educational resource. All statements above are drawn from the public references below. It is not an interview or an endorsement.

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