Below are just a few of the leading speakers who were on the RiskMinds Americas 2014 line-up.
Jonathan was commissioned into the Parachute Regiment in 1981. He was a platoon commander with 3rd Battalion, Parachute Regiment, during the Falklands War. Having attended Staff College, Camberley, between 1989 and 1990, he was appointed Commanding Officer of 2nd Battalion, Parachute Regiment, in 1997. He commanded the Multi-National Brigade (Centre) in Kosovo (1998-1999) and was appointed Director Special Forces in 2003. In January 2007 he became General Officer Commanding Multi-National Division (South East), Iraq, and went on to become Chief of Staff at HQ Land Forces in September that year. Between 2009 and 2012 he was based at the Ministry of Defence in Whitehall as Assistant Chief of Defence Staff. His responsibilities included developing UK policy on cyber security, a role which gave Jonathan a unique global perspective on the risks posed to governments and businesses by cyber attacks, and strong opinions on how to manage them.
Tim Harford is a world renowned behavioural economist and award-winning Financial Times columnist. Frequently described as ‘Britain’s Malcolm Gladwell,’ his first two books, The Logic of Life and The Undercover Economist, have been translated into 30 languages and sold well over a million copies. He is also presenter of Radio 4’s More or Less, and Pop Up Economics. Tim’s recent book is ADAPT: Why Success Always Starts With Failure. Drawing on psychology, evolutionary biology, physics, maths and economics, it shows how adaptive, trial-and-error processes can help tackle everything from innovation to financial crises. But whilst he’s a ‘serious’ economist with a career spanning Oxford, Shell and the World Bank, Tim’s FT columns dwell on the economics of daily life and offer tongue-in-cheek solutions to readers’ problems. He used a similar, highly accessible style as presenter of the BBC2 series Trust Me, I’m an Economist. Drawing on the frontiers of economic research and weaving evidence from sources like casinos and speed-dating, Tim shows that human behaviour is actually surprisingly logical.
Willem Buiter joined Citi in January 2010 as Chief Economist. One of the world’s most distinguished macro economists, Willem previously was Professor of Political Economy at the London School of Economics and is a widely published author on economic affairs. Between 2005 and 2010, he was an advisor to Goldman Sachs. Prior to this, Willem was Chief Economist for the European Bank for Reconstruction & Development between 2000 and 2005 and from 1997 and 2000 a founder external member of the Monetary Policy Committee of the Bank of England. He has been a consultant to the IMF, the World Bank, the Inter-American Development Bank, the Asian Development Bank and the European Commission and an advisor to many central banks and finance ministries. Willem has a PhD in Economics from Yale University. He was awarded the CBE in 2000 for services to economics.
Edward I. Altman is the Director of Research in Credit and Debt Markets at the NYU Salomon Center for the Study of Financial Institutions. Prior to serving in his present position, Prof. Altman chaired the Stern School's MBA Program for 12 years. He has an international reputation as an expert on corporate bankruptcy, high yield bonds, distressed debt and credit risk analysis and acts as an advisor to several central banks. Prof. Altman was inducted into the Fixed Income Analysts Society Hall of Fame in 2001, acted as President of the Financial Management Association in 2003 and was named one of the “100 Most Influential People in Finance” by the Treasury & Risk Management magazine in 2005. He was one of the founders and an Executive Editor of the Journal of Banking and Finance. He has published or edited over 150 articles and two-dozen books including his most recent works on Bankruptcy, Credit Risk and High Yield Junk Bonds (2002), Recovery Risk (2005), Corporate Financial Distress & Bankruptcy (3rd ed., 2006) and Managing Credit Risk (2nd ed. 2008).
Tim P. Clark is a Senior Associate Director in the Division of Banking Supervision and Regulation at the Board of Governors. His responsibilities include the supervision of the largest domestic and foreign banking organizations operating in the US, the Federal Reserve's annual Comprehensive Capital Analysis and Review, and the Federal Reserve's supervisory stress testing program.
Since June 2013, Carlo di Florio has overseen FINRA's offices of Risk, Emerging Regulatory Issues, Enterprise Risk Management and Strategy. The Risk & Strategy team works closely with senior management, the board and regulatory programs across the organization to assess the most significant risks to investors and markets. Risk & Strategy then works with its regulatory partners to deploy risk-focused strategies to address those risks. Mr. di Florio also leads FINRA's Enterprise Risk Management program to enhance FINRA's internal governance, and risk management. He is also responsible for overseeing the development and monitoring of FINRA's strategy. Previously, Mr. di Florio served as the Director of the SEC's Office of Compliance Inspections and Examinations. Before joining the SEC in 2010, he was a partner in the Financial Services Regulatory Practice of PricewaterhouseCoopers. Mr. di Florio has been recognized by the National Association of Corporate Directors as one of the 100 Most Influential Leaders in Corporate Governance, and by Worth Magazine as one of the 100 Most Powerful People in Finance.
Mr. Flynn joined BMO Financial Group in 1992 and initially served in a number of roles within the BMO Capital Markets business, including Head of Financial Services, Corporate and Investment Banking Group. He was named Executive Vice-President, Finance and Treasurer of the Bank in 2004 and served as Executive Vice-President and Chief Risk Officer from March 2008 to March 2011. In March 2011, Mr. Flynn was appointed Chief Financial Officer. In this role he is responsible for financial governance and reporting, treasury and capital management, corporate development, investor relations, taxation and corporate communications.
Brian Gunn was named chief risk officer for Ally Financial in November 2011. In this role, Gunn has overall responsibility for achieving an appropriate balance between risk and return, mitigating unnecessary risk and protecting the company’s financial returns. Gunn joined Ally Financial in 2008 as chief risk officer for the Global Automotive Services business where he was responsible for overseeing disciplined risk processes, governance and analytics in support of Ally’s efforts to diversify and grow its automotive product lines. In this role, Gunn established a global auto risk management framework for all product lines across North America, Latin America, Europe and China. Prior to joining Ally, Gunn served in a number of senior leadership positions with GE Money, most recently as chief risk officer for GE Money Canada.
Dianne Clapp works as the LATAMEX Consumer Risk Director for Citibank. Prior to that she held a similar role for GE Capital, as so has devoted the last ten years of her career to emerging markets. Dianne has 30+ years of Credit Industry expertise with 2 West Coast US Banks, Sears Credit, and GE Capital prior to joining Citigroup in 2009. She has an MBA, with a focus in Quantitative Analysis from California State University. She is impassioned by the idea of exploring the balance between short and long term goals, and Risk Management’s role in that balance, now and forever.
Paige Wisdom was appointed Freddie Mac’s chief enterprise risk officer on April 1, 2010, and is a member of the company's senior leadership team, reporting directly to the CEO. In this role, Wisdom is responsible for providing the overall leadership, vision and direction for enterprise risk management and leads an integrated risk management framework for all aspects of risk across the company. Previously, Wisdom served as Freddie Mac's Business Unit CFO, and earlier in her career held senior finance and risk-management positions with Bank of America, Bank One Corporation/J P Morgan, UBS/Warburg Dillon Read, Citibank Salomon Smith Barney, and Swiss Bank Corporation. She holds an MBA from The University of Chicago's Graduate School of Business.
Geoffrey Craddock is responsible for OppenheimerFunds’ independent risk management function with oversight of investment and enterprise risks throughout the firm’s complex. Prior to joining OppenheimerFunds in 2008, Mr. Craddock was a Senior Vice President and global Head of Market Risk Management for CIBC, where he oversaw market risk management globally for the bank’s investment banking, trading and retail activities. In total, Geoff spent 15 years with CIBC in a variety of risk management and trading roles and 12 years prior to that in trading and brokerage positions with various investment banks in Europe and the United States. Mr. Craddock holds an MBA from Cranfield School of Management.
John Hull is an internationally recognized authority on derivatives and risk management. He was, with Alan White, one of the winners of the Nikko-LOR research competition for his work on the Hull-White interest rate model and was in 1999 voted Financial Engineer of the Year by the International Association of Financial Engineers. He has acted as consultant to many North American, Japanese, and European financial institutions. He has won many teaching awards, including University of Toronto's prestigious Northrop Frye award. He has written three books: “Risk Management and Financial Institutions” (now in its 3rd edition), "Options, Futures, and Other Derivatives" (now in its 8th edition) and "Fundamentals of Futures and Options Markets" (now in its 7th edition). The books have been translated into many languages and are widely used in trading rooms throughout the world, as well as in the classroom. Dr. Hull is co-director of Rotman’s Master of Finance program. In addition to the University of Toronto, Dr. Hull has taught at York University, University of British Columbia, New York University, Cranfield University, and London Business School.
Joan Mohammed has accountability for managing all risk in the Wealth Management Business, Global Operational Risk Management, Enterprise Policy, Portfolio Management, Risk Reporting, Model Risk and Vetting, and Risk Operations. Joan started her career in 1983 at BMO. After several years of holding management and executive roles at another financial institution, Joan re-joined BMO in 2001 as Vice-President, Credit Risk Management, in the Personal and Commercial Client Group. The following year, she was appointed Vice-President, Risk Management Group with responsibility for developing the infrastructure to support the delivery of the New Basel Capital Accord. In 2003, Joan joined the HR group and was promoted to Senior Vice-President, Operational Management & Governance. In 2008, Joan was appointed as Senior Vice President, Risk Renewal Strategies and assigned accountability for reengineering risk management and leading strategic and change management initiatives. In 2010, Joan assumed Management of the Corporate Risk function and, assumed accountability for Global Operational Risk Management and the CRO, Wealth Management.
Dessa Glasser manages modeling, challenger and control teams responsible for enhancing capital stress testing at JPMorgan Chase. Previously, she was Deputy Director and Chief Business Officer for the Office of Financial Research, delivering data, technology and analytics to the Financial Stability Oversight Council. Dessa has broad experience in financial products, data, risk and technology. She was the CRO for Bunge Limited and held senior positions at Credit Suisse, Merrill Lynch, IBM, and KPMG Consulting. She taught at Rutgers University and has a Ph. D in Economics from Fordham University.
Leslie Thompson currently serves as an independent director on the board of TSX-listed Home Capital Group Inc. and Home Trust. She has also served as board member of the Ontario Municipal Employees' Retirement System- OMERS AC, a $56 Bn. public sector pension plan (Chair, Corporate Governance); the Deposit Insurance Corporation of Ontario (Chair, Risk Oversight); Chair of the City of Toronto's Investment Advisory Committee and as a Sinking Fund Trustee for the City of Toronto. Leslie is a member of the Directors’ and Chief Risk Officers’ Governing Council and participated in the DCRO’s recent definition of board director risk competence. She has served as an independent corporate director or trustee for over 17 years. Previously, Leslie was Vice President, Capital Markets, Treasury for The Chase Manhattan Bank (now JP Morgan-Chase), Vice President, Business Development of Union Bank of Switzerland, and the founding Director of Capital Markets for the Province of Ontario (now Ontario Financing Authority).