“…To avoid losses, banks must manage operational risks, which includes identification, assessment, analysis, monitoring and control of operational risks in the presence of sound corporate governance (CG), which can also contribute to effective operational risk management (ORM) procedures. After conducting research, CG and operational risk identification (ORI), monitoring and control were found to have a major impact on ORM procedures at the Pakistan commercial bank (Altaf, Ayub, Shabbir, & Usman, 2021). Corporate governance and organizational features affect the existence of a risk management committee, and the existence of a risk management committee affects a company's performance.…”