Nick Strange is Co-Director of the Supervisory Risk Specialists Directorate at the Prudential Regulation Authority in the Bank of England. Previously Head of the Credit Risk and then the Operational Risk and Resilience Divisions in SRS, Nick has now been at the regulator for 14 years. Prior to joining the FSA (the predecessor to the PRA), Nick was a Director in KPMG’s Financial Risk practice.

Nick is also a member of the Global Association of Risk Practitioners’ Financial Risk Management examination committee, a qualified Chartered Accountant and a holder of the Institute of Directors’ Certificate of Company Direction.

Dr, Ariane Chapelle, is Honorary Reader at University College London and is an internationally recognised trainer and consultant in Risk. She teaches at UCL 'Operational Risk Measurement for Financial Institutions’ and is a Fellow of the Institute of Operational Risk..

In 2019, the firm received the Risk.net Award for ‘Outstanding Achievement in the Year in Operational Risk’. She published at Wiley Finance Series the textbook Operational Risk Management: Best Practices in the Financial Services Industry, in December 2018 that rapidly became the No.1 best seller in its field and is now translated in French by Pearson France. In 2020, the book got elected “Book of the Year” by risk.net.

Dr. Chapelle founded and runs her adivsory and training practice in risk management, serving all sizes of financial organisations and international institutions, including central banks and UN agencies. She is a former holder of the Chair of International Finance at the University of Brussels with backgrounds in internal audit, credit risk and investment risk. She has been active in operational risk management since 2000 and was formerly head of operational risk management at ING Group and Lloyds Banking Group.

Terri Duhon is the Chair of the Board of Morgan Stanley Investment Management for the EMEA business, on the board of Morgan Stanley International and Rathbone Brothers plc, a FTSE250 UK Wealth Manager.  On these boards, she also chairs the Risk Committee.  She is an Associate Fellow at The Said Business School at Oxford University, on the MIT Corporation Visiting Committee for the MIT Math Department, a motivational speaker for Speakers for Schools and a frequent Keynote Speaker on Culture, Career Management, Diversity and Corporate Purpose.

After graduating from MIT in Math, Terri started her career at JPMorgan and spent 10 years working as a derivative trader.  In particular she was part of the team that developed the credit derivative market globally as documented in Fool’s Gold.  Later she became an entrepreneur and started a consulting business where she lead expert witness teams in unwinding some of the more complex products from the credit crisis.  She has been on the board of CHAPS Co (the UK high value payment system), the board of Operation Smile UK and was a founding member of the Women’s Leadership Group for the Prince’s Trust.  She is the author of How the Trading Floor Really Works.     

Contact info:

www.terriduhon.com

https://www.linkedin.com/in/terriduhon/

@DuhonTerri

Jeff Simmons joined the Bank of Tokyo Mitsubishi UFJ ("BTMU") in June 2014 as the Head of Enterprise Risk, tasked with creating the function.

Prior to joining the bank he spent some 20 years working in the Risk Management arena, this included Market Risk, Credit Risk, Risk Model Validation and Regulatory Risk consulting.

At BTMU his responsibilities include the development of a Regional Risk Appetite Framework, including the design and implementation of a forward looking risk appetite framework which can be used for strategic decision making and control purposes. He is also developing an Integrated Stress Testing framework, and subsequently integrating this with the Risk Appetite framework including the analysis of the Banks forecast under varying macro economic environments. He is now working extensively with both the Tokyo based Head Office and the continental offices to develop a global framework in these 2 areas. Over the past year he has been working cloely with the Amsterdam based subsidiary in the development of the ICAAP/ILAAP and SIRA Frameworks.

He is also responsible for the implementation of an EMEA Risk Governance framework, this involves him working closely with the Regional offices to ensure that there is a standardised and efficient Risk Framework across the region.

Sophie Dupre-Echeverria is a risk practitioner working across risk & compliance disciplines at executive level to drive sustainable risk culture across organizations.

She worked at asset managers, private banks, corporate banks, big and medium sizes, mostly in the UK but always with international exposure, most recently UBS AM, Baring and Schroders.

She has joined Gulf international Bank as their Chief Risk Officer in January 2019.

Veronica Lazenby was appointed to the role of Chief Risk Officer in February 2020. Veronica has over 20 years’ experience in financial services and risk management, having begun her career as a management consultant. She subsequently held senior risk management roles at Schroders, Royal Bank of Scotland and Barclays.

Before joining Jupiter, Veronica worked for BNY Mellon for over five years, most recently as UK Chief Risk Officer responsible for the risk management of the firm’s UK legal entities which included setting and overseeing the implementation of their risk strategy.

Prior to this, she spent eight years at Barclays, including a role as Operational Risk Director for Barclays Retail and Corporate Banking business, responsible for all aspects of operational risk management.

Amit is a thorough IT Risk and Information Security Leader with a proven track record of leading, developing, designing and delivering wide variety of programs over the span of last 15+ years. Amit has a particular interest in raising information risks at board level and enabling business through mitigation or avoidance of IT risks through industry-accepted and sometimes cutting-edge solutions.

Amit has presented and published a number of research papers, articles and chapters in the Information Security field. His key focus has always been keeping the balance between business, technological and operational issues. In his most recent position at BNP Paribas, Amit leads the IT Risks and Third party risk management practices globally for the Corporate and Institutional Banking business. He has developed and implemented robust methodologies for effective IT risk management and is embedding a strong framework for internal and external vendor risk management.

David joined the NHS in 2014 and is Head of Operational Resilience for the Clinical Commissioning Groups for the NHS across Coventry & Warwickshire. He works with all the Hospital Emergency Planners and Resilience heads in all areas of Emergency Planning, Resilience and Response for the NHS in line with key areas of identified risk, both locally and nationally. He was heavily involved in the 2020 Coronavirus Pandemic, both in planning and operational response on behalf of the NHS. He is also the deputy Chair of the Coventry & Warwickshire Local Resilience Forum Tactical group.

Prior to working in the NHS David spent 12 years in the RAF, then upon leaving the Military a 20 year career in Firefighting, both in local authority and aviation branches, finishing his career at the rank of Chief Fire Officer. David has extensive knowledge and experiences of operational risk and incident command; with numerous qualifications in Civil Protection, Health &Safety, Fire safety and has worked both in the UK and overseas, being a Chief Fire Officer in the UAE and in Afghanistan, where he worked on behalf of NATO in the multi-national ISAF force in Kandahar for 3 years.

Marike Dokter started working for ING Group Operational Risk Management in 2003. She had joined ING in 1999 as an IT information analyst. Marike has been involved in a wide variety of processes such as OpRisk systems, MI design, Board OpRisk loss reporting, writing OpRisk policies, and conformance reviews. She was Head Operational Risk for ING Insurance Central & Eastern Europe, prior to leaving for a career in the UK in 2010. She worked at Credit Suisse in London as head OpRisk Loss Collation. She moved to Compliance for the FATCA project and went back to OpRisk to manage the capital scenario workshops. In 2013 she changed jobs for a role in the third line at Barclays Internal Audit. In 2016 Marike became head of the Internal Audit Operational Risk team and is responsible for the audit coverage of the OpRisk framework.

Michael Grimwade is Head of Operational Risk for ICBC Standard Bank. He has worked in Operational Risk Management for over 20 years. He has previously held senior Operational Risk management roles at MUFG Securities, RBS and Lloyds TSB, and he has also been a Director of the Institute of Operational Risk. He is the author of a number of articles on setting Op Risk appetite, scenario analysis and Op Risk modelling, and his book “Managing Operational Risk: New Insights and Lessons Learnt” was published by RiskBooks in 2016.

Deborah joined CLS in 2019 as Chief Risk Officer, overseeing the risk function globally. As a specialist in risk management and strengthening controls, she is responsible for CLS’s risk management framework and for building an enhanced culture of risk identification, challenge and mitigation. Deborah is also responsible for enhancing CLS’s risk dialog across our ecosystem, with the objective of further improving systemic risk awareness and mitigation.

Deborah joined CLS from Citigroup, where she was Global Head of Operational Risk Management for the Institutional Clients Group. Prior to joining Citigroup in 2017, Deborah spent 22 years with Deutsche Bank, where she held several leadership roles including Head of Operational Risk for the Americas region and the Global Corporate Finance division and Chief Operating Officer for the Global Securitization Group. Deborah began her career in financial services as a commissioned bank examiner with the Federal Reserve Bank of New York.

Deborah received her BBA and MBA in International Finance from Hofstra University.

I am experienced Operational Risk Professional with over 17 years in the financial services industry (14 in risk). I have  spent 10 years with Lloyds Banking Group, moving to M&G investments for 4 years and the last three with L&G, which has given me a broad exposure to banking, asset management and more recently insurance.  Since commencing my career in banking I have been proactively involved in the Diversity & Inclusion conversation and have been a member of various Inclusivity forums and Groups.

Rajat Baijal is the Head of Enterprise Risk at the Northview Group. In this role, he is responsible for designing and embedding a robust Risk Framework across the firm. This includes articulating and implementing a robust Risk & Control Self-Assessment (RCSA), Risk Event Management, Key Risk Indicators etc. and ensuring that the Board is suitably informed about all material issues. Rajat has an MBA in Finance and has previously worked for Cantor Fitzgerald, Lloyds Banking Group and Aviva specialising in global implementation of their Risk Framework. Rajat is a regular speaker at risk conferences across London and New York and has authored a number of articles for risk journals/textbooks.

Beate Born, leads the global MiFID II Trading project across UBS Wealth Management. She has 12 years' experience in the financial services industry in Switzerland, Europe and Asia with a focus on regulatory implementation. Amongst others, Beate worked as a consultant for Malik Management Zentrum St. Gallen, had her own regulatory implementation practice and is now deputy team head in Business Risk & Regulatory Management at UBS. Degrees include an MBA from Clark University, a DESS from the Sorbonne and an executive diploma from the Swiss Finance Institute.

Amit is a thorough IT Risk and Information Security Leader with a proven track record of leading, developing, designing and delivering wide variety of programs over the span of last 15+ years. Amit has a particular interest in raising information risks at board level and enabling business through mitigation or avoidance of IT risks through industry-accepted and sometimes cutting-edge solutions.

Amit has presented and published a number of research papers, articles and chapters in the Information Security field. His key focus has always been keeping the balance between business, technological and operational issues. In his most recent position at BNP Paribas, Amit leads the IT Risks and Third party risk management practices globally for the Corporate and Institutional Banking business. He has developed and implemented robust methodologies for effective IT risk management and is embedding a strong framework for internal and external vendor risk management.

Veronica Lazenby was appointed to the role of Chief Risk Officer in February 2020. Veronica has over 20 years’ experience in financial services and risk management, having begun her career as a management consultant. She subsequently held senior risk management roles at Schroders, Royal Bank of Scotland and Barclays.

Before joining Jupiter, Veronica worked for BNY Mellon for over five years, most recently as UK Chief Risk Officer responsible for the risk management of the firm’s UK legal entities which included setting and overseeing the implementation of their risk strategy.

Prior to this, she spent eight years at Barclays, including a role as Operational Risk Director for Barclays Retail and Corporate Banking business, responsible for all aspects of operational risk management.

Carolin has built up a successful career across the three lines of defence at leading Investment Banks and Investment Managers - from Control Teams and Front Office to Operational Risk. In her current role at Capula, Carolin is accountable for the development and implementation of the Operational Risk Management Strategy, Framework and Policies. In both her executive and non-executive career, Carolin has significantly increased governance standards and created strategic direction to improve profitably and operational excellence. 
 

Dr, Ariane Chapelle, is Honorary Reader at University College London and is an internationally recognised trainer and consultant in Risk. She teaches at UCL 'Operational Risk Measurement for Financial Institutions’ and is a Fellow of the Institute of Operational Risk..

In 2019, the firm received the Risk.net Award for ‘Outstanding Achievement in the Year in Operational Risk’. She published at Wiley Finance Series the textbook Operational Risk Management: Best Practices in the Financial Services Industry, in December 2018 that rapidly became the No.1 best seller in its field and is now translated in French by Pearson France. In 2020, the book got elected “Book of the Year” by risk.net.

Dr. Chapelle founded and runs her adivsory and training practice in risk management, serving all sizes of financial organisations and international institutions, including central banks and UN agencies. She is a former holder of the Chair of International Finance at the University of Brussels with backgrounds in internal audit, credit risk and investment risk. She has been active in operational risk management since 2000 and was formerly head of operational risk management at ING Group and Lloyds Banking Group.

Michael Grimwade is Head of Operational Risk for ICBC Standard Bank. He has worked in Operational Risk Management for over 20 years. He has previously held senior Operational Risk management roles at MUFG Securities, RBS and Lloyds TSB, and he has also been a Director of the Institute of Operational Risk. He is the author of a number of articles on setting Op Risk appetite, scenario analysis and Op Risk modelling, and his book “Managing Operational Risk: New Insights and Lessons Learnt” was published by RiskBooks in 2016.

Tom Osborn is the desk editor of Risk.net’s risk management coverage. Prior to joining Risk, he reported on the futures and foreign exchange industries for Dow Jones' Financial News and the Euromoney group of publications. Tom holds a bachelor’s degree in English literature from the University of Warwick, UK.

Chris leads Milliman’s Cyber Risk Solutions (CRS). The practice offers clients innovative solutions for quantfying complex risks, including cyber, vendor, conduct and operational risk. CRS uses causal modeling integrating cognitive mapping, complexity science and Bayesian nets to quantify and aggregate risk. The solution can also be applied to cyber underwriting, accumulation risk and non-affirmative (i.e., silent cyber) risk. Lastly, CRS integrates artificial intelligence and machine learning (AI/ML) to construct sentiment analysis, distinguishing “signal” from noise in order to provide clients with an emerging threat framework.

EXPERIENCE

Chris has 20+ years of broad industry experience in banking, insurance and consulting. His international experience spans work in Zurich, London, Athens, Moscow and New York. Previous employment included: UBS, Renaissance Capital, ABN Amro, Frank Russell Securities and AIG. 

Prior to joining Milliman, Chris was a Senior Manager in EY’s Enterprise Risk Services (ERS) practice serving banking and insurance clients for 8 years. 
Professional experience and subject matter advisory include:

• ERM frameworks, assessments, governance
• Operational and compliance risk
• Preparing for regulatory supervision (FRB, OCC) and conducting regulatory remediation
• Designing Integrated FP&A frameworks
• Complex project management, including leading large teams, interfacing with SMAs executive stakeholders. 
• Twenty years of experience in financial services and risk management
• Ten years of experience in fixed income
• Eight years of experience in Emerging Markets with an emphasis on Russia and Eastern Europe.

EDUCATION

• BA Foreign Language / International Affairs (FLIA), University of Puget Sound 
• MBA, International Finance, Thunderbird, School of Global Management
• FRM, Financial Risk Manager – Certified by GARP

Chris is fluent in German and Russian.
 

Alexander Campbell is the divisional content editor for Risk.net. He was formerly the editor of Operational Risk & Regulation and news editor of Risk magazine. He is based in London.

Jeff Simmons joined the Bank of Tokyo Mitsubishi UFJ ("BTMU") in June 2014 as the Head of Enterprise Risk, tasked with creating the function.

Prior to joining the bank he spent some 20 years working in the Risk Management arena, this included Market Risk, Credit Risk, Risk Model Validation and Regulatory Risk consulting.

At BTMU his responsibilities include the development of a Regional Risk Appetite Framework, including the design and implementation of a forward looking risk appetite framework which can be used for strategic decision making and control purposes. He is also developing an Integrated Stress Testing framework, and subsequently integrating this with the Risk Appetite framework including the analysis of the Banks forecast under varying macro economic environments. He is now working extensively with both the Tokyo based Head Office and the continental offices to develop a global framework in these 2 areas. Over the past year he has been working cloely with the Amsterdam based subsidiary in the development of the ICAAP/ILAAP and SIRA Frameworks.

He is also responsible for the implementation of an EMEA Risk Governance framework, this involves him working closely with the Regional offices to ensure that there is a standardised and efficient Risk Framework across the region.

Søren Agergaard Andersen is the Chief Risk Officer for Nordea Asset Management, the biggest asset manager in the Nordics with more than € 200bn AuM. Søren Agergaard Andersen is responsible for the overall risk function, managing an international team of risk professionals in Denmark, Sweden and Luxembourg. Prior to this Søren was Head of Risk in SEB Denmark. Søren has for the past eight years worked on improving the governance and risk framework, as well as the overall risk culture. Making ends meet between Group functions, local control functions and regulatory requirements.

Born and brought up in Mumbai India, Bala Ayyar has worked in the field of Finance & Accounting and Banking for more than thirty years. Bala holds professional accounting qualifications from both India and the United States. He has an undergraduate degree in mathematics from the University of Mumbai.

Since joining SG in 2009, he has held a range of positions. Currently, he is the Chief Data Officer, SG Americas, with responsibility for data management and governance within the Region. This function is responsible for implementing the requirements of BCBS 239, establishing sound data governance framework that meets Group needs and local supervisory expectations and creating a solid platform for the data to be leveraged for strategic business decisions. Prior to that, he headed up the Project Management Office for the SG US Transformation project. Roles before that included Head of Finance Offshoring in SG Bangalore and Deputy CFO of the Americas Region of their Corporate & Investment Bank.

Prior to joining SG, Bala was with the Imperial Bank of Commerce (CIBC) for fourteen years in a range of positions in Toronto and New York. As Senior Vice President of the Wholesale North America Finance, he headed up the controllership function for CIBC's World Markets and Treasury & Risk Management Strategic Business Units within North America. With a total team of about 175 individuals across Toronto and New York, he was responsible for establishing a SOX-compliant industry-leading Finance control environment as well as supporting the efficient execution of business initiatives and managing the Finance related US regulatory relationships during a very demanding period. Prior to that, he also had stints as the business-line controller for the Bank's US origination businesses (Corporate Lending, Investment Banking, Merchant Banking, Structured Finance and High Yield), as well as the 2/ic to the Chief Accountant, with responsibility for consolidated financial, management and regulatory reporting at the corporate level.

Prior to CIBC, he was with the public accounting firm of KPMG for 10 years, mostly in Bahrain in the Middle East. He held a range of positions culminating in Senior Manager. Responsible for assurance and consulting engagements for offshore banks, focused on technical excellence, customer satisfaction and practice profitability. He was the Engagement Senior Manager for the region's second-largest bank and also played a key role in setting up a Treasury consulting specialization within KPMG Bahrain.
Bala Ayyar lives in Basking Ridge, New Jersey, is married with two children and enjoys long-distance running.

Michael Barton, Head of Op Risk Quantification for Economic Capital, CCAR, and Scenario Analysis
Michael Barton is currently the Head of Operational Risk quantification and risk data analytics at AIG. His role entails leading the modeling efforts for CCAR estimation, economic capital, scenario analysis, allocation, and other analytical support for AIG's risk management framework. Before working at AIG, Michael was the Head of the Regulatory Solutions Quantification group in U.S. Bank's Corporate Treasury Department. In this role, he was responsible for CCAR/DFAST and regulatory capital modeling for Operational Risk, as well as setting up a governance framework for models and analytical tools in U.S. Bank's Corporate Treasury Department. When Michael left U.S. Bank, there were no open MRAs for the CCAR/DFAST Model. Previous to those roles, Michael worked in an actuarial capacity at Sun Life Financial in Boston handling variable annuity reserving, fixed and variable annuity lapse study estimations, and retirement product pricing. He held a similar variable annuity reserving role in Security Benefit Corporation in Topeka, KS before that. Michael has a Bachelor's Degree in Mathematics with an Actuarial Emphasis, and a Master's Degree in Theology.

Chris leads Milliman’s Cyber Risk Solutions (CRS). The practice offers clients innovative solutions for quantfying complex risks, including cyber, vendor, conduct and operational risk. CRS uses causal modeling integrating cognitive mapping, complexity science and Bayesian nets to quantify and aggregate risk. The solution can also be applied to cyber underwriting, accumulation risk and non-affirmative (i.e., silent cyber) risk. Lastly, CRS integrates artificial intelligence and machine learning (AI/ML) to construct sentiment analysis, distinguishing “signal” from noise in order to provide clients with an emerging threat framework.

EXPERIENCE

Chris has 20+ years of broad industry experience in banking, insurance and consulting. His international experience spans work in Zurich, London, Athens, Moscow and New York. Previous employment included: UBS, Renaissance Capital, ABN Amro, Frank Russell Securities and AIG. 

Prior to joining Milliman, Chris was a Senior Manager in EY’s Enterprise Risk Services (ERS) practice serving banking and insurance clients for 8 years. 
Professional experience and subject matter advisory include:

• ERM frameworks, assessments, governance
• Operational and compliance risk
• Preparing for regulatory supervision (FRB, OCC) and conducting regulatory remediation
• Designing Integrated FP&A frameworks
• Complex project management, including leading large teams, interfacing with SMAs executive stakeholders. 
• Twenty years of experience in financial services and risk management
• Ten years of experience in fixed income
• Eight years of experience in Emerging Markets with an emphasis on Russia and Eastern Europe.

EDUCATION

• BA Foreign Language / International Affairs (FLIA), University of Puget Sound 
• MBA, International Finance, Thunderbird, School of Global Management
• FRM, Financial Risk Manager – Certified by GARP

Chris is fluent in German and Russian.