Several times in the reading the phrase knowledgeable, Finance Basics

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Several times in the reading the phrase knowledgeable

Question: Enterprise Risk Management book by James Lam

Several times in the reading, the phrase "knowledgeable financial expert" has come up as a necessary trait for at least one of the Board members. How would you determine - in the context of a Bank's Board - whether or not a Board member was a "knowledgeable financial expert"?

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