As per Livemint article dated Aug 20,2014,
"The government may make it mandatory for managers at state-owned banks to receive training in risk management before they are allowed to take up positions of deputy general manager and above, financial services secretary G.S. Sandhu said on Wednesday. 

This comes after recent exposes on frauds committed at various government-run banks."

Risk Management Training and education are the cornerstone of a strong risk foundation. Not only senior management, but most critical roles should be subject to annual risk management trainings.