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RiskMinds International

The World's Largest Risk Management Conference

5 - 9 December 2016

Hotel Okura, Amsterdam

Michael Johnson is an executive vice president at the Federal Reserve Bank of Atlanta. In this role, he oversees the Sixth District’s supervision of state member banks, bank and fi nancial holding companies, and U.S. branches and agencies of foreign banking operations. Johnson has spent his entire career with the Federal Reserve System and served in a number of leadership roles within banking supervision, including senior vice president at the Atlanta Fed and vice president and managing director of the large institutions group at the San Francisco Fed. Prior to that, he was an assistant vice president and director of the risk monitoring and analysis group. He began his career at the Dallas Fed, where he spent 10 years in bank supervision. In addition to his Atlanta Fed responsibilities, Johnson serves on the System’s Supervision Committee and as co-chair of the Large Banking Organizations Management Group.

Lord Hague of Richmond served as Member of Parliament for Richmond for 26 years. He has been a prominent political leader for more than 20 years, serving as Leader of the Conservative Party and as Foreign Secretary. He concluded his political career as First Secretary of State and Leader of the House of Commons. In four years as Foreign Secretary, William dealt with a turbulent period encompassing wars in Libya and Syria, withdrawal from Afghanistan, the Ukraine crisis, the struggle against terrorism and relations with Europe. He expanded Britain’s diplomatic network and placed a renewed emphasis on export success. He was also responsible for two of Britain’s intelligence agencies, and visited more countries than any Foreign Secretary in history. His mix of international and domestic experience has given him a deep knowledge of the inside of politics and the reasons for growing instability in world affairs.

Marc was appointed to the HSBC Board as an Executive Director on 1 January 2014. His current appointments include: A member of the Group Management Board, HSBC Private Bank (Suisse) S.A; and of HSBC Private Banking Holdings (Suisse) S.A. Previously Marc was Chief Financial and Risk Offi cer, Global Banking and Markets at HSBC. Prior to this he was European Chief Financial Officer at JP Morgan and audit partner at PricewaterhouseCoopers.

Stefan Walter is responsible for the supervision of the most significant banking institutions in the Single Supervisory Mechanism. Previously he was Principal at Ernst & Young,
where he led EY’s global bank regulatory practice. From 2006 until 2011, Mr Walter was Secretary General of the Basel Committee on Banking Supervision. He oversaw the
fundamental reform of the global bank regulatory landscape, including the negotiations resulting in the Basel III framework. During this time he was also member of the Financial Stability Board. Prior to this, he was at the Federal Reserve Bank of New York for 15 years.

Adam advises our clients’ boards of directors and senior executives on regulatory issues, including the business planning impacts of regulation and the strategic
implementation of new and evolving requirements. He has 27 years of experience working on regulatory matters in both the private and public sector.

At JPMorgan Chase, he was a key advisor to the senior executive team and business lines on the impact of regulation and on approaches to the implementation of regulatory change. He has also held leadership roles in market and credit risk policy, credit
portfolio management, regulatory and supervisory relations, regulatory reporting, capital management and regulatory policy. Prior to JPMorgan Chase, Adam spent 10 years at the Federal Reserve Bank of New York in roles in Bank Supervision, Credit and Discount Window and Research. During that time, Adam also was a member of
the Secretariat of the Basel Committee on Banking Supervision.

Wilfred Nagel has been a member of the Executive Board of ING Group since 2012. He also serves as a Member and CRO on the Management Board Banking. Wilfred Nagel is responsible for ING’s risk management departments including compliance. Wilfred Nagel joined ING in 1991. He performed various roles, including global head Credit Risk Management (2002-2005) and CEO ING Wholesale Banking Asia (2005-2010). From January 2010, he served as CEO of ING Bank Turkey until his appointment in the Management Boards Banking (member and CRO) and NN Group (member) as from 2011.

Nassim Nicholas Taleb spent 21 years as an option trader before becoming an academic and researcher specializing in mathematical problems with probability and a “real world” approach to risk management. He is currently Distinguished Professor of Risk Engineering at NYU. Taleb is the author of the INCERTO (Fooled by Randomness, The Black Swan, Antifragile, The Bed of Procrustes), with a parallel mathematical version Probability and Risk in the Real World from which this course is adapted. He is also the author of Dynamic Hedging and numerous academic publications across different fields, ranging from Physica A, Journal of Economic Behavior and Organization and Quantitative Finance to Foreign Affairs. His body of work has 96 translations into 33 languages. Over his career Taleb closed about 650,000 option trades and examined close to 200,000 risk reports.

Lewis O’Donald was appointed Chief Risk Officer of Nomura Holdings in 2011. He is a member of Nomura’s Executive Management Board and a director of Nomura’s European entity. Prior to joining Nomura, Dr. O’Donald worked at Morgan Stanley International from 1992 till 2010. He started in the Fixed Income division, working in derivatives and swaps trading and ran the European Fixed income options and exotics trading from 1999 to 2001, before moving to run Structured Credit Trading in Europe. Dr. O’Donald subsequently moved into the market risk division at Morgan Stanley in 2004, running the European offi ce and Global Credit Markets. In 2008 he was asked to become the Senior Risk Officer for Morgan Stanley globally, running in-Business risk management for the head of Sales and Trading. In 2014 he was made a director of GARP. Dr. O’Donald holds a D.Phil in mathematics from Oxford University.

Prof. Damiano Brigo is Chair in Mathematical Finance and Stochastic Analysis at Imperial College London, and Director of the Capco Institute. Formerly Gilbart Professor at King’s College and Managing Director at Fitch Ratings, Damiano published 80+ works in Mathematical Finance, Probability and Statistics, and field reference books in interest rate and credit modeling. Damiano is in the Editorial Board of the International Journal of Theoretical and Applied Finance and of Mathematics of Control, Signals and Systems.
Damiano’s interests include stochastic models for valuation and risk. Damiano holds a PhD in differential geometric stochastic filtering.

Dr. Scott D. Aguais is Founder and Managing Director of Aguais and Associates (AAA) and leads the firm’s efforts in marketing, strategic partner and product development and project delivery. Dr. Aguais has 25 years’ experience developing and delivering advanced credit analytics solutions to large banking institutions. He spent 10 years delivering credit models and analytics through consulting at DRI/McGraw-Hill, AMS and KPMG. He then moved on to Algorithmics and has spent the last 12 years developing advanced credit models and supporting the successful Basel II Waivers at Barclays Capital and RBS. During this time Dr. Aguais and his team pioneered the design, development and implementation of the first advanced Dual Ratings approach using both Point-in-Time (PIT) and Through-the-Cycle (TTC) risk measures to support a variety of financial business objectives. Integrated PIT/TTC ratings are required by Regulators for both IFRS9 and Stress Testing.



Dr Ioannis Akkizidis has worldwide experience in designing and implementing advanced solutions in risk management and profitability analysis fields for the financial industry; turning theory into practice. Apart from his several publications and interviews in international journals and magazines, he is the author of several financial books including
‘Unifi ed Financial Analysis, the missing links of finance’ (2009), the bestselling book ‘Integrating Market, Credit and Operational Risk’ (2006), ‘Guide to Optimal Operational Risk & Basel II’ (2006) and ‘Financial Risk Management for Islamic Banking & Finance’ (2008).

Michael Alix advises the firm’s largest global financial services clients on matters ranging from business strategy to governance, risk and regulation. Mike previously held senior leadership positions at the Federal Reserve Bank of New York, most recently heading Cross-Firm Perspectives & Analytics (CFPA) and leading key components of Federal Reserve system-wide supervision, including supervisory stress testing and capital plan assessments. Prior to joining the New York Fed, Mike worked for 25 years in key risk management roles at large financial institutions including Bear Stearns, Merrill Lynch, and Irving Trust Company. He has also chaired SIFMA’s Risk Management Committee and served on the Counterparty Risk Management Policy Group.

Edward I. Altman is also the Director of Research in Credit and Debt Markets at the NYU Salomon Center for the Study of Financial Institutions. Prior to his present position, he chaired the Stern School’s MBA Program for 12 years. He has an international reputation as an expert on credit markets and credit risk and acts as an advisor to several central banks, government agencies and major companies. He has testified before the U.S. Congress, the New York State Senate and several other government and regulatory organizations. Prof. Altman was inducted into the Fixed Income Analysts Society Hall of Fame in 2001 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 and has published or edited over 150 articles and two-dozen books including Recovery Risk (2005) and Managing Credit Risk (2nd ed. 2008).

Eduardo Ávila joined BBVA in 1992. As one of BBVA’s top executive, he has been responsible for different units within the financial and accounting division of the group. Between 2006 and 2008 he was Chief Financial Officer of BBVA Banco Continental (Peru). From 2008 to 2011, he was Chief Financial Offi cer of BBVA Bancomer (Mexico) and from 2011 to 2013 he was Group Chief Accounting Officer of BBVA Group. Currently, he is Global Head of Supervisory Relations. He is in charge of measurement of Capital and Liquidity of BBVA Group and also manages day by day Supervisory Relations. He is Professor for Navarra University in M.A. Master in Banking and Financial Regulation.

Dr. Andrew Aziz leads the quantitative research, financial engineering and business analytics teams who design and specify the analytics for IBM’s risk management solutions. In addition, Andy also heads the operational teams that deliver IBM’s Cloud based risk management offerings. Prior to its acquisition by IBM, Andy held a number of senior positions at Algorithmics Inc. including Executive Vice President – Risk Solutions, Vice President of Professional Services and Vice President of Products. He has published several refereed articles on financial engineering, risk methodologies, and portfolio management. Andy holds a Ph.D. in Finance from York University and an MBA in Finance from Queens University. He has taught in masters level Finance programmes at McMaster University, York University, Wilfrid Laurier University and the University of Connecticut.

As Global Director Financial Services at Atos, Olaf is heading the strategic go-to-market of Risk, Compliance and Regulatory Reporting.

He is a deeply accomplished and agile market strategy & business development executive with strong international management experience and a proven track record in banking for almost 20 years.

Prior to Atos he served as Director at Siemens with responsibility of financial services clients. He also served as Management Consultant at Siemens with strong focus on banks.

Olaf is a graduated engineer (Dipl.-Ing.) in Information Technology of Ilmenau University of Technology and started his career at a German bank in 1996.


Kevin is a Principal in PwC’s U.S. Financial Services Risk and Regulatory Advisory Practice and advises capital markets, banking and investment management clients on issues related to risk management, regulatory change initiatives, capital management as well as trading controls and performance improvement issues. Kevin is PwC’s issue leader for risk management topics in the asset management sector and advises traditional and alternative investment management clients on issues related to risk management, enterprise-wide control practices and regulatory change. He has authored several whitepapers including “Nonbank SIFIs: Up Next, Asset Managers”, “Navigating Risk Complexity”, and “Risk Principles for Fund Directors: Practical Guidance for Fund Directors on Effective Risk Management Oversight” to name a few. Kevin holds an MBA from New York University’s Stern School of Business.

Peter Beardshaw leads Accenture’s UK and Ireland Finance and Risk Management consulting practice. Peter brings nearly 20 years of deep and broad experience in the risk and capital management space, with a focus on large, high profile Capital Markets and Banking clients, assignments and transformations. He and his team craft solutions to address a wide range of prudential, conduct of business, treasury, fraud and financial crime, reporting and data, transformation agenda and associated regulatory and regulatory remediation situations and topics.

Stephen has worked in banking and financial services for over 25 years with international experience. He is currently the Chief Risk Officer and an Executive Director of Ulster Bank, where he has had a key role in delivering the strategic review and restructure of the bank. He also personally led the Comprehensive Assessment of Ulster Bank and held executive accountability for the systemically important Retail and SME collections & recoveries portfolios throughout the financial crisis. Prior to Ulster Bank he has worked for PwC where he was seconded to the role of Chief Risk Officer in Allied Irish Banks plc.

Richard Bennett has over 25 years’ experience in the fi nancial technology sector working for numerous risk specialist companies. As vice president, market management of regulatory reporting, Richard oversees the success of Wolters Kluwer Financial Services’ regulatory reporting solution and business in EMEA, identifying growth areas and shaping strategy. Over his career he has developed in-depth knowledge of a wide range of sectors, including investment and wholesale banking, risk management, capital markets, derivatives and trading systems.

More than 20 years’ experience in the banking sector, including

  • Senior analyst for group Financial Management (Paris & London)
  • Deputy COO for primary equity and equity brokerage activities (Hong Kong)
  • Corporate banking relationship manager for Large Corporate department
  • Consultant for a strategy consulting firm (banking sector)

Jonathan Berryman is senior vice president for SunGard’s capital markets business. In this role, Jonathan is responsible for leading the company’s go-to-market strategy for its Adaptiv risk solution suite and advising clients on how to solve their critical risk management business challenges. Before joining SunGard in 2014, Jonathan held a number of line management and consultancy roles in risk departments in major banks. These include heading up capital policy and advisory for international entities at Bank of America Merrill Lynch, consultancy to Standard Chartered Bank on its Internal Model Method (IMM) program and implementing Nordea Bank’s global counterparty risk system and completing its IMM waiver application. Prior to this, Jonathan worked for Standard Bank where he headed up the bank’s credit analytics and portfolio reporting business.

Jacques Beyssade began his career in 1984 at Crédit Lyonnais as a fi nancial analyst. He headed up the Champs Elysées Corporate Banking Branch before being appointed Country Manager of Korea. He later became Head of Debt Markets in New York. In 2006, he took up the position of Head of Calyon’s Capital Markets division for the Asia-Pacifi c region. He joined Natixis in 2008 and, from 2009, he was the Chief Risk Offi cer of the bank and a member of its Executive Committee. Mr. Beyssade has recently moved to parent company, Groupe BPCE, as Chief Risk Officer and a member of its Executive Committee.

Didier Blanchard, who started at Société Générale in 2009, is now Head of the Global Risk Measurement department in the Risk Division. Didier had performed the Basel 2 validation of BNP Paribas Group, before structuring regulatory and accounting solutions at that bank’s Fixed Income department. Didier had started his career in 1995 at Commission Bancaire, the French banking supervisor.

Dr. Klaus Böcker is responsible for market risk methods, counterparty credit risk and CVA calculations. Prior to joining Deutsche Pfandbriefbank, he was team head of Risk Analytics and Methods in UniCredit Group. In this capacity, one of his primary responsibilities was overseeing all quantitative aspects of UniCredit Group’s economic capital model, in particular business risk, real estate risk, financial investment risk, and risk aggregation. He is conducting research in various fields of finance where he has authored and co-authored several articles that have been published in recognized finance and mathematical journals. In 2007, 2008 and 2010 he won the prestigious PRMIA Institute’s Award for New Frontiers in Risk Management. Klaus is editor of the two-volume book “Rethinking Risk Measurement” (2010).

Alexandre heads the Risk Control practice as well as the Murex Ireland office, leading product management activities for risk control, limits management and compliance solutions. Prior to his current appointment, he held product consulting and client management positions with a focus on market and credit risk since 2000, last serving as Head of Credit Risk where he drove the development of the MX.III CVA management module and credit risk simulation engine. Alexandre holds a “grande école” Master in Management and Finance from HEC Paris.

Ottmar has 30 years of experience in risk management as a banker and regulator. He started his professional career 1983 at WestLB in Operations Research and moved to Investment Banking in 1998 where he managed the Bank’s banking book bond portfolio. In 1995 Ottmar became Head of Risk Management Support & Control and ran the Bank’s global market risk management; later his area of responsibility also covered operational risk management, credit portfolio modelling / reporting and the introduction of economic capital based enterprise risk management. In 2005 Ottmar joined BaFin, Germany’s Federal Financial Supervisory Authority. From 2008 until 2011 he was in charge of Q RM, BaFin’s Department for Risk Modelling. Currently he acts as Special Advisor in BaFin, focussing especially on the use of models in risk management and the computation of economic capital.

Before joining the University of California, Rick was a Research Principal in the Office of Financial Research, where his principle effort was to develop an agent-based model to identify vulnerabilities in the financial system. He has been a Senior Policy Adviser to the Financial Stability Oversight Council, helping to develop the risk management structure for overseeing systemic risk, and prior to his work with Treasury, spent two years at the SEC, where, among other tasks, was instrumental in the design of the Volcker Rule. Before coming into the public sector in 2009, he worked at Bridgewater Associates, ran the Quantitative Equity Fund at FrontPoint Partners and was in charge of risk management at Moore Capital Management. In the investment banking arena, from 1994-1998 he was in charge of firm-wide risk at Salomon Brothers, and before that worked at Morgan Stanley, first designing derivatives, then doing proprietary trading, and concluding his tenure as the firm’s first market risk manager. He is the author of A Demon of Our Own Design (Wiley, 2007), three other books and scores of articles on finance.

Dr Dominique Bourrat has a PhD in Nuclear Physics and studied at INSEAD. She has 20 years of experience in risk management. After having developed models for CERN, she joined Paribas dealing room in charge of derivatives models. She joined MasterCard to set up their Risk function prior to acting as the Director of risk analytics for a major bank/insurer. As Managing Partner at Risk Dynamics, she advises financial institutions on their risk, capital and liquidity practices. She animates many roundtables with the industry and regulators and is involved in different working groups at European Commission.

Prof. Damiano Brigo is Chair in Mathematical Finance and Stochastic Analysis at Imperial College London, and Director of the Capco Institute. Formerly Gilbart Professor at King’s College and Managing Director at Fitch Ratings, Damiano published 80+ works in Mathematical Finance, Probability and Statistics, and field reference books in interest rate and credit modeling. Damiano is in the Editorial Board of the International Journal of Theoretical and Applied Finance and of Mathematics of Control, Signals and Systems. Damiano’s interests include stochastic models for valuation and risk. Damiano holds a PhD in differential geometric stochastic filtering.

Vivien Brunel has 15 years of experience in the financial industry. He is Head of the Capital and Risk Modelling team at Société Générale. Previously he was credit structurer. He joined Societe Generale group in 2001 after having worked as a quant at HSBC. Vivien holds a PhD in physics from. He is also an associate professor in the French Grande Ecole des Ponts ParisTech.

Martyn Joined RBS in 2010. Before being appointed to his current role he was the Global Head of Market Risk. Prior to RBS, Martyn ran a private equity fund focused on distressed US Banks and before this he worked for 15 years at HSBC, with the last 5 years in the US. Martyn’s roles for HSBC included Global Head of Foreign Exchange Derivatives, Head of Derivative Strategy, Americas Head of Market Risk and COO for Americas Global Banking & Markets and Global Asset Management. Prior to that, he ran various trading business for different banks.

Kevin is a partner in PwC, the worlds largest professional services firm. He is PwC’s Financial Services Leader in the UK and the Global Relationship Partner for a leading universal bank. During his career he has primarily focused on advising, leading and delivering projects for Investment Banks across a broad agenda from strategy to process effi ciency, Front Office to HR, globally and locally. His clients have included JP Morgan, UBS, Deutsche Bank, Barclays, HSBC and HM Government. He has previously worked at IBM, Credit Suisse and The Royal Bank of Scotland and has been based in London, New York and Frankfurt. He is a member of the Institute of Chartered Accountants in England and Wales.

Daniel is a leader of Aon’s Operational Risk Solutions Group, and was the founder of Aon’s operational risk initiative which started over 10 years ago. He led a key global industry response on the use of insurance for Basel 2 Advanced Methodology Approach banks. This contributed to the approval by regulators of the incorporation of insurance under Pillar 1. He is actively involved with regulators at Basel, EU and national levels to enable clients to unlock the value of insurance. He has recently led the successful structuring and syndication of the largest operational risk transfer programme for a European AMA bank.

Eduardo is responsible for the development and implementation of the fi rm’s risk measurement models for market, credit, operational risks, stress testing (DFAST/CCAR) and economic capital; for the validation of the bank’s pricing models; and for the calculation of the model-based regulatory capital measures. Prior to Morgan Stanley, he has worked at Lehman Brothers, Goldman Sachs and Salomon Brothers in various quantitative research and risk management capacities since 1993. Eduardo’s quantitative research has contributed to the formulation of the Basel Committee’s frameworks used to assess regulatory capital on counterparty credit risk and trading activities. He is a member of various working groups at ISDA, IIF, SIFMA and TCH as well as of the Board of Directors of the International Association of Quantitative Finance. Eduardo received PhD and MS degrees in Finance from the University of California at Berkeley.

Mark Carey is also co-director of the National Bureau of Economic Research’s Risks of Financial Institutions Working Group, which is a mixed group of academics and financial professionals that focuses on risk management at financial firms. He was a founding-father of Basel 2 and, though he is a research economist, he has frequently worked closely with bank examiners.

Vladimir Chorniy started his career in finance as a founding member and later led Credit Risk Analytics team in Barclays Capital. In 2006 he joined BNP Paribas, where he headed Risk Methodology and Analytics team responsible for methodologies covering counterparty risk (EE/PFE models), market risk (VAR, IRC, CRM), credit value adjustment, capital calculations and exotic derivative treatment. His next role was Head of Risk Modelling Strategy for Group Risk Management. In his current position as Senior Technical Lead he takes responsibility for strategic projects such as FRTB, IHC and margined trading. Vladimir holds a Ph.D. in Physics from Cambridge University.

Colin Church has overall responsibilities for market, credit, franchise and operational risk in the EMEA region. He is a member of the EMEA Operating Committee and Citi’s Risk Management Executive Committee. Colin was Head of EMEA Market Risk, with Global Market Risk responsibility for Global FX, Treasury, and Citibank Japan. Colin joined Salomon Brothers in1980. He was promoted Managing Director in 1994, joining the Citigroup Independent risk management group.

The Stress Testing Strategy Division at the Bank of England was created in 2014 and is responsible for the delivery and development of the Bank’s stress testing framework. The primary focus of the division is updating and realising the vision first set out in the October 2013 Discussion Paper. Rohan joined the Bank of England in 2001 as an economist. He has written various articles on monetary policy and financial market issues, including the Funding for Lending Scheme and the impact of Quantitative Easing. He obtained an MSc in Economics and Finance from Warwick Business School.

Scott is a Manager in the Global Risk Analytics team at HSBC, specialising in risk on uncleared derivatives trades and CCP methodology since 2010. Before that, Scott was a buy-side quant and risk analyst at Baring Asset Management, Man Investments, and the Universities Superannuation Scheme in London. Scott holds a Mathematics degree from Pomona College and is a CFA Charterholder.

Before his current role, Jim worked at Barclays Capital and Citigroup. He often contributes to industry wide discussion of regulatory initiatives affecting market risk such as the Fundamental Review of the Trading Book and the EBA proposals on materiality of model changes/ extensions and has worked with other banks to assist the GARP benchmarking portfolio initiative.

José (Pepe) Corral holds a degree in Economics & Business Administration (Deusto University – Bilbao, Spain) and a MA in International Banking and Financial Services (Reading University, UK). His professional experience includes 14 years in structured finance, corporate finance, asset management and equity research in Santander Group, BBVA and Singer & Friedlander. He also worked briefly as Director of Corporate Development at Telefonica´s internet subsidiary (Terra Lycos). He has been involved in risk management for the last 11 years and he is currently Deputy Chief Risk Officer of Santander Group.

Julien Courbe is the lead Partner for the Financial Services Technology practice at PwC, covering technology enabled business transformations, cost reduction programs, and risk and regulatory solutions. He is responsible for and involved in a wide range of consulting assignments covering technology strategies, core system replacement, performance improvement, merger integration and divestiture, data management as well as organization design. He is a published thought leader on key IT issues and trends within the banking, capital markets, asset management and insurance industries.

Andrew Cross holds the role of Director of Enterprise Wide Risk at RBS and is based in London. He provides executive leadership of Enterprise Wide Risk which designs and implements the overall risk framework which includes risk appetite, risk culture, risk governance and stress testing. In addition Mr. Cross is responsible for most risk models used across RBS.

Mr. Cross has spent the majority of his career leading enterprise risk and risk enabling activities. This followed initially qualifying as a Chartered Accountant after graduating in Maths form Cambridge. He joined RBS in 2011.


Steve Culp has more than 20 years of global experience working with clients to define strategy, and execute change programs across a broad spectrum of risk management and finance disciplines. He is responsible for leading the global group across all dimensions, from setting the strategic direction through to the enablement of local teams operating across diverse markets. In addition, he oversees Accenture’s efforts on large-scale transformation programs across Finance and Risk for some of our most important financial services clients. Prior to his current role he was responsible for our Global Risk Management Practice, and prior to that he led Accenture’s Finance & Enterprise Performance consulting services for global banking, insurance and capital markets institutions.

Martha Cummings joined the Federal Reserve in 2012. She works in the Financial Institution Supervision Group as a Senior Supervisory Offi cer for Complex Financial Institutions. Ms. Cummings has more than 20 years of experience in the international banking sector. Prior to joining the Federal Reserve, she was a Managing Director with Santander Group. Most recently, she was Head of Financial Sponsors North America, within Santander’s Corporate & Investment Banking Group. Previously, she was Chief Risk Officer for Banco Santander and Santander Investment Securities. Ms. Cummings also served as Head of Latin American capital markets risk for Banco Santander. Prior to joining Santander, Ms. Cummings was Head of Equity Capital Markets for Latin America at Bankers Trust, where she previously was Head of Corporate Finance for the Southern Cone of South America. Ms. Cummings has been a consultant to Wharton Executive Education, and worked with Citibank in Mexico. She has also previously held positions in advertising and marketing. Ms. Cummings holds an MBA from the Wharton School.

Symon has 15 years experience in providing system and process consulting in the financial services industry. His main area of expertise is business and IT architecture design and delivery for risk and finance functions for Investment Banks, Retail Banks, Insurance Companies and Asset Managers. He has been instrumental in leading business development activity and project delivery of the following propositions: Solvency II, Basel II, Risk Technology, and Finance Transformation.

Fernando de la Mora is a Managing Director and the Head of Alvarez & Marsal in Spain and Portugal. He has over 20 years of experience conducting a variety of risk, capital, strategic planning and M&A advisory projects. Fernando specializes in providing advice to financial institutions in the areas of capital, stress testing, enterprise risk management; credit, market, operational and liquidity risk management and leads A&M’s European service offerings in these areas. His clients include global financial services firms, investment banks, regional banks, insurance companies, asset managers and hedge funds. Previously, Fernando helped implement U.S. CCAR stress test guidelines to 13 of the 19 banks involved in the capital planning process led by the Federal Reserve.

As an Associate Partner with Avantage Reply in the Benelux and France, Stéphan De Prins draws on over 17 years’ experience in developing and implementing cutting-edge solutions in risk management. Stéphan has devised numerous risk solutions for leading institutions across Europe and North America. Key recent projects have included creating a Large Exposures and Concentration Counterparty Credit solution for a Global Custodian, and implementing a risk and regulatory reporting system for a universal bank. Prior to joining Avantage Reply, Stéphan led the development and implementation of the IFRS Module of FRS Global.

Laura Dottori-Attanasio is responsible for the bank’s enterprise-wide risk management including credit, market, liquidity and operational risk. She was appointed to this position in 2013. Ms. Dottori-Attanasio joined CIBC as Global Head of Corporate Credit Products in 2009, where she was responsible for all credit activities at CIBC’s wholesale bank. Ms. Dottori-Attanasio has over 20 years of experience in the finance sector. Before joining CIBC, she was with one of Canada’s Chartered Banks where she held a number of senior executive positions. She was named one of “Canada’s Most Powerful Women” by the Women’s Executive Network in 2008 and 2012.

Nigel was appointed Group Head of Risk in January 2015. Prior to joining Schroders, Nigel was Chief Risk Officer for the RBS Wealth Management Division which included Coutts, Adam & Co and RBS International. Nigel originally joined ABN AMRO in 1999 and became Group Head of Credit Risk Reporting & Control for the Bank in 2007. After ABN AMRO was acquired by RBS, Nigel became Head of Operational Risk for RBS Global Banking and Markets before becoming RBS Group Head of Operational Risk in 2010.

Before re-joining the Federal Reserve in 2014, Fang Du was Executive Vice President at RBS Americas. She continues to dedicate her effort on regulatory capital and banking supervision. Fang is currently a member of FSB Macroeconomic Assessment Group (MAG) on TLAC and multiple BCBS working groups - Capital Monitoring Group (CMG) and Task Force for Provision (TFP). In RBS Americas, she headed two divisions: “Risk Capital, Reserve and Portfolio Management” and “Model Risk Management”. Fang also spent many years working in academia.

Klaus Duellmann is Head of SSM Risk Analysis Division within Directorate General Micro-Prudential Supervision IV of the European Central Bank in Frankfurt. In this capacity he is involved in micro-prudential stress test exercises within the Single Supervisory Mechanism. Until May 2014 he was Head of Supervisory Coordination and Risk Analysis Division and Head of Banking Supervision Research in the central office of the Deutsche Bundesbank in Frankfurt. He has participated in various European stress test exercises in the past and has conducted related research particularly on models for the stress testing of credit risk. He has a PhD in Finance from the University of Mannheim.


Paul Embrechts is Professor of Mathematics and director of RiskLab (founded in 1994) at the ETH Zurich specialising in actuarial mathematics and quantitative risk management. He has published extensively in leading academic journals in the fields of insurance, finance and stochastics. He has an Honorary Doctorate from the University of Waterloo, the Heriot-Watt University, Edinburgh, and the Université Catholique de Louvain. He co-authored the influential books “Modelling of Extremal Events for Insurance and Finance”, Springer, 1997, and “Quantitative Risk Management: Concepts, Techniques and Tools”, Princeton University Press, 2005 and 2015 (Revised Edition).

Eduardo Epperlein’s responsibilities include market and counterparty risk and their implications for regulatory and economic capital. Eduardo has 16 years’ experience in the financial industry, is a regular contributor to regulatory meetings and has chaired several industry groups on Basel rules. He holds a PhD in Plasma Physics from Imperial College and spent ten years as a research scientist prior to joining Citigroup in 1994.

in institutional risk measurement and management and is currently responsible for the design and administration of reporting solutions for State Street’s risk reporting platform. He is involved in product enhancements from conception, development, implementation to pre-sales demonstration and postimplementation support. Roderick also leads the risk services team based in Toronto. He joined State Street in 2007 from a managed risk service provider where he lead the development of solutions engineered to meet the distinct challenges of Institutional Investors. He previously held a senior position in Enterprise Risk Management at the BMO Financial Group. Prior to BMO, he worked in Quantitative Risk at the Credit Union Central of Ontario, where he designed and built their Historical Value at Risk and Stress Testing systems. Roderick graduated from the University of Toronto with Ph.D. in Physics and has passed all three levels of the CFA exam.

Oliver heads central counterparty risk. He joined Goldman Sachs in 1993 and was named managing director in 1997. During his tenure, he has worked in Commodities, Interest Rates, Municipal Derivatives, and Credit Derivatives, and currently works in Derivatives Clearing Services. Prior to joining the fi rm, Oliver was a vice president of Financial Institutions at Credit Lyonnais and vice president of Research at Banque Indosuez. Oliver earned an MS and an MA from the University of California, Los Angeles, in 1988 and 1984, respectively.

Kenji Fujii is in charge of enterprise wide risk management for the investment banking arm of Mizuho Financial Group. Prior to his current role, he was Senior Managing Executive Offi cer, Chief Market Risk Offi cer at Aozora Bank, General Manager, Basel 2 Implementation Offi ce, Corporate Risk Management Division at Mitsubishi UFJ Financial Group, and General Manager, Risk Management Division at The UFJ Bank. Mr. Fujii has participated in numerous industry initiatives in risk management area, including those related to Basel regulatory reform.

Keith Garbutt is a Managing Director of Credit Suisse. He heads Model Risk Management globally; ensuring appropriate governance is in place wherever Credit Suisse is exposed to model risk. Before taking on this role in 2013, he was responsible for the independent validation of risk capital models and of pricing models. Keith joined Credit Suisse First Boston in 2004 from Deutsche Bank, where he was global head of pricing model validation. Prior to that, he worked at Bankers Trust and Samuel Montagu. Keith holds a Ph.D. in Aeronautics and Astronautics from the University of Southampton, UK.

Maarten Gelderman is Director of DNB’s National Institutions Division, which supervises national banks, payment firms, and investment firms. Before obtaining this function he worked in various other management positions at DNB, among which Head of Quantitative Risk Management and Head of Macroprudential Analysis. Maarten represents DNB in various international groups. Before joining DNB in 2000 he lectured research methodology at the Economics and Business Administration Department of Vrije Universiteit Amsterdam, where he obtained his PhD in 1997. Maarten published on information systems, accounting, finance, and research methodology.

Philipp F.C. Gerhold is a Senior Consultant at d-fi ne GmbH, one of the leading European consulting companies which specializes in quantitative and technical aspects of risk management and fi nance. He is working in particular on credit portfolio modeling and optimization, capital allocation, loan pricing, and recently on ECB’s asset quality review and stress testing exercise. Philipp studied at the Humboldt-University of Berlin and received his PhD for his contributions to theoretical particle physics.

Adam advises our clients’ boards of directors and senior executives on regulatory issues, including the business planning impacts of regulation and the strategic implementation of new and evolving requirements. He has 27 years of experience working on regulatory matters in both the private and public sector. At JPMorgan Chase, he was a key advisor to the senior executive team and business lines on the impact of regulation and on approaches to the implementation of regulatory change. He has also held leadership roles in market and credit risk policy, credit portfolio management, regulatory and supervisory relations, regulatory reporting, capital management and regulatory policy. Prior to JPMorgan Chase, Adam spent 10 years at the Federal Reserve Bank of New York in roles in Bank Supervision, Credit and Discount Window and Research. During that time, Adam also was a member of the Secretariat of the Basel Committee on Banking Supervision.

Rita has been working in Intesa Sanpaolo Risk Management Department for the last 11 years. In her present role she is responsible for group market and counterparty risk internal model methodology, risk architecture and regulatory reporting. Her team is in charge of internal models development following prudential regulatory evolutions and of formal application and interaction with supervisors for internal models approvals. Participation to benchmarking exercises and Quantitative Impact Studies for assessment of RWA impact of regulatory evolutions is also among the scope of her group. Before joining Risk Management, Rita experienced Front Office projects with the role of project manager and responsible for development teams in BCI and Intesa.

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Fabiano Gobbo

Rafael Gomes is a Senior Manager, Finance & Risk Services, and Accenture Conduct Risk Offering Lead for the UK. Rafael’s client engagements cover compliance transformation, conduct and ethics, and behavioural analytics in banking and capital markets. He is a recognized thought leader in compliance and a former recipient of the Robin Cosgrove Global Prize for Ethics in Finance for work based on his PhD in conduct risk and regulatory relations.


Andreas is responsible for Group Strategic Risk Management, Group Corporate Risk Management, Group Retail Risk Management, Group Corporate Workout, Group Compliance, Legal & Security, Erste Group Immorent Real Estate Risk Management, Group Risk Governance and Projects & Quantitative Risk Methodologies.

Andrew Green is the author of "XVA: Credit, Funding and Capital Valuation Adjustments" and has co-authored a number of papers on XVA. He has worked on XVA models for the last eleven years at a number of different banks. Andrew holds a BA and DPhil in Physics from Oxford University and Part III of the Mathematics Tripos from Cambridge University.


Michael has worked in Op Risk Management for ~20 years. He is currently International Head of Op Risk for Mitsubishi UFJ Securities, and was previously Op Risk Director for Lloyds TSB’s Wholesale International Division and also Head of Op Risk Stress Testing at RBS. Prior to this, Michael worked for a decade as a management consultant at PwC and Deloitte Consulting, focusing on Op Risk management, process improvement and cost reduction. Michael received an award in 2014, from the Institute of Op Risk, for his ‘Contribution to the Discipline of Op Risk’, primarily for his work on Scenario Analysis.

Cory is a Managing Director of Protiviti and leads Protiviti’s Global Financial Services practice. Cory is also the former global leader of the firm’s Risk & Compliance Solution. This practice consists of our Credit Risk, Operational Risk, Market & Commodity Risk, Model Validation, ERM and Regulatory Compliance services. Cory was named in June 2009 as one of the “Top 25” Consultants in the consulting industry by Consulting Magazine, selected as one of only 3 recipients for Excellence in Financial Services. He brings extensive experience across the financial services industry, focused primarily on banks, insurance companies, specialty finance and other lending institutions, ranging from Top Five Bank Holding companies to Fortune 500 Financial Institutions.

Piers Haben is responsible for the EBA’s work on EU-wide stress testing and risk assessments, the effi cient functioning of colleges of supervisors and forging a common supervisory culture, as well as common supervisory reporting and transparency. Prior to joining the EBA, Piers worked for the UK Financial Services Authority where he held a number of roles in prudential policy and supervision, including leading the FSA’s policy work on stress testing and supervisory review of firms under Pillar 2. Piers has widespread international experience including as a member of the Basel Committee’s Supervision and Implementation Group, work in the Financial Stability Forum and advising the South African Reserve Bank.

Bertrand is a specialist in Basel II/III risk management and capital modelling for SIFIs. He is also an active associate researcher at Paris Pantheon-Sorbonne University. He wrote several articles dealing with Risk Measures, Risk Modelling, and Risk Management. He is still studying to obtain the D.Sc. degree (French H.D.R.). He spent two years working in the Bond/Structure notes market (Eurocorporate), four in the banking industry in a Risk Management department (BPCE) and one year as a Senior Risk Consultant (Aon-AGRC). He is currently working for Santander where he successively held the Head of Major Risk Management position (San UK), the Head of Change and Consolidated Risk Management position (San UK) and the Global Head of Operational Risk Methodology position (Grupo Santander).

Andreas C. Heise has been with Deutsche Bank for 20 years. He held a number of positions in PBC & Global Markets before transferring into Group Treasury at the end of 2001. With more than 10 years of experience in Treasury’s Liquidity Risk Management (LRM) team, Andreas has developed a wealth of expertise in this space and supported key initiatives to help the Bank navigate the recent liquidity crisis. Andreas’ sound understanding of the regulatory environment enabled him to establish a new regulatory coverage function within Treasury in 2008. As Deputy Head of Liquidity Risk Management, he was responsible for the continuous development of the Bank’s internal LRM framework. Additionally, Andreas was the local Treasurer for Italy, Spain and Portugal. In 2013, Andreas was appointed Global Head of the newly created Liquidity Risk Control division. Andreas’ areas of responsibility include oversight of methodology development, limit setting and model validation, as well as independent internal risk reporting and analysis. Andreas sits on the Liquidity Risk Oversight Committee. In addition, he is a member of the Risk Executive Committee.

Darryll Hendricks is the regional operating officer in the Americas for UBS Investment Bank.  From 2013 to 2015, he was the chief operating officer for UBS' Non-Core and Legacy division. Previously, Darryll was head of strategy for UBS Investment Bank and held various positions in  Risk Control, including global head of risk methodology.

 Darryll is a member of the Board of Directors of the Depository Trust and Clearing Corporation (DTCC).  From 2009 to 2012, he served as the chair of the US industry task force on tri-party repo infrastructure, which developed a series of recommendations and a blueprint for changes in the operation of the US tri-party repo market.

Darryll is a member of the Financial Research Advisory Council of the US Treasury Office of Financial Research. Before joining UBS in 2005, Darryll worked at the Federal Reserve Bank of New York for 13 years.  He has a PhD from Harvard University.


Since January 2014, Jérôme Henry is the Head of the Macro Financial Linkages Division in the ECB DG for Macroprudential policy and financial stability. His main activities relate to stresstest exercises, crisis management for the financial sector and impact assessments of macroprudential measures. He has led the Stress-Test Quality Assurance of the ECB/SSM Comprehensive Assessment. He is also a member of various ECB, ESRB and EBA technical fora.

Previously, Mr Henry headed the Financial Stability Assessment Division and was beforehand a long-standing ECB forecast coordinator, also rapporteur of the dedicated ESCB Working Group. He started at the ECB by leading the Econometric Modelling Unit which developed euro-area macroeconometric models, for forecasting and policy analyses. He had arrived in Frankfurt in 1995 to prepare the monetary union within the European Monetary Institute, following his experience as a senior economist in the Macroeconomic Study Unit at Banque de France. Before becoming a central banker, he had been a research fellow at the OFCE and the INSEE in Paris. Mr Henry has published his research in a number of international journals, such as the IMF Staff
Papers, Econometrics Journal, Economic Modelling, Journal of Economic Dynamics and Control, Economic Letters, Review of Economics and Statistics, Annales d’Economie et de Statistique, as well as in books with Elsevier, Cambridge University Press, Routledge and Economica. He is also a founding member of the CEPR Euro-Area Business Cycle Network (EABCN).

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Mark Hughes

Mr. Hughes oversees the strategic management of risk on an enterprise-wide basis. He is a member of Group Executive, which sets the overall strategic direction of RBC, and is also a member of the RBC Group Operating Committee. He was appointed chief risk officer in 2014. Prior to this position, he was executive vice-president and chief operating officer for RBC Capital Markets. Mr. Hughes joined RBC in 1981 and was appointed as an executive officer RBC in 1995. Mr. Hughes was responsible for RBC’s global loan portfolio over the past decade. Mr. Hughes received his MBA (Finance) from Manchester Business School and his LL.B from Leeds University. He has served as a director of a number of RBC subsidiaries and industry associations.

John Hull is an internationally recognized authority on derivatives and risk management and has many publications in this area. His work has an applied focus. In 1999 he was 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.

Dr. John Hulsman is a former Washington DC insider now based in Germany, where he runs a leading political risk consulting firm concentrating on the game-changing foreign and economic policy issues that will determine the fate of the western world in the new era of multiple great powers. He works with Head Strategists and CEOs at blue chip private sector banking and hedge fund firms as well as the Pentagon and the British Ministry of Defence. He has given high-level briefings at the invitation of the US Department of State, the CIA and governments around the world. Dr. Hulsman has devised scenario planning war games for high level corporate audiences around the world, based on his playing such games with high-level American government officials during his years in Washington.

Diana Iercosan graduated with a PhD in economics from the University of Maryland College Park in 2011. The same year she started working at the Federal Reserve Board, where she has focused on banking policy and supervision in the areas of market and counterparty credit risk. She is a member of the Trading Book Group which is responsible for developing the Fundamental Review of the Trading Book.

Mr Iorio joined Moody’s Analytics in London in 2013 as Senior Director in ERS EMEA Advisory team. Prior to his current role he served at UniCredit in several positions from 2000 to 2013, including most recently, Senior Vice President and Head of Group-Wide Credit Methodologies, a department dedicated to developing Credit Var and Internal Rating model for various client segments at group level where he also managed several projects involving Regulatory Authorities in Europe. He worked as Head of Strategic Risk and Control at UniCredit Corporate Banking and Head of Rating Models. Mr Iorio holds a degree in Economics and Statistics from the University of Trieste.

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Tamar Joulia

Tamar holds various engineering & business management degrees from universities in Europe. After 10 years in the construction & manufacturing sectors, she joined banking to develop a modern risk management framework for the bank’s lending, investment & trading books. This gradually included governance, risk appetite, risk and performance analytics, stress testing, credit trading, as well as capital & liquidity management solutions for retail, mortgages and corporate portfolios. Tamar also served on EBA’ Consultative panel in 2010, and as an IACPM Board member from 2006 to 2011. She left banking mid-2011 to focus on her academic pursuits as well as senior risk, capital and balance-sheet advisory work to bank and insurance companies.

Tamar has authored many articles and is a regular speaker at conferences in the US and Europe.


Mr Kahn is responsible for leading the firm’s expanding business outside of the United States. Mr. Kahn has extensive experience in global banking, technology, and consulting. He is a frequent speaker on topics of risk, information management and the use of benchmarking data sets to drive performance. Prior to joining AFS, he held management positions with CoreStates Bank (now Wells Fargo), e-Profile (now Fidelity National Financial, Inc.), and the German-based consulting fi rm INTERPROJECTS.

Michael Kalkbrener is head of the portfolio modelling team within the Risk Analytics and Living Wills department of Deutsche Bank and specializes in developing risk measurement and capital allocation methodologies. His current responsibilities include credit portfolio modelling and the development of a quantitative model for operational risk. Prior to joining Deutsche Bank in 1997, he worked at Cornell University and the Swiss Federal Institute of Technology where he received the venia legendi for mathematics.

Dr Chris Kenyon is active in the XVA area, including coining the terms KVA and MVA, with Andrew Green, in Risk papers 2014-2015.  He is a Director in the CVA / FVA Quantitative Research group at Lloyds Banking Group.  Previously he was head quant for Counterparty Credit Risk at Credit Suisse, and (post-crisis) Head of Structured Credit Valuation at DEPFA Bank Plc.  He has ten papers in the Cutting Edge technical section of Risk magazine, co-wrote “Discounting, LIBOR, CVA and Funding (Palgrave 2012) and is co-editing “Landmarks in XVA” (Risk 2016).  He has a Ph.D. from Cambridge, is a contributor to the open-source software Quantlib, and holds fifteen patents which include applications of cryptography to trading.

Frank Klausen is Head of Group Strategic Risk Management & Analysis, Deputy Chairman of Nordea’s Risk Committee and Member of the Executive Credit Committee for Large Corporates at Nordea. His role is to lead a unit of
senior risk managers, reporting to the Group CRO of Nordea. The unit’s role is to ensure that Nordea actively manages its risk profile across all risk types. To do this, a close collaboration with Business Areas is necessary to define and execute holistic and forward looking risk analyses and to make recommendations to Nordea’s Group Executive Management and Board. Further, our unit is responsible for risk reporting and CRO management support. Prior to this role Frank was Executive Advisor to the Group CEO in Nordea. Before joining Nordea he was Associate Principal at McKinsey & Company, Copenhagen (and London and Kuala Lumpur).

Tomo Kodama is a Managing Director in the Counterparty Portfolio Management Group, which handles XVA, funding and risk optimization issues at the bank. His team focuses on trading capabilities to manage capital, funding, and risk aspects
of counterparty portfolios. He has broad experience in the financial markets, having traded and structured ommodities, credit, rate, FX and mortgage products in Asia and New York. At Merrill Lynch he has also lead analytics and technology teams, managed global FICC electronic trading, and was instrumental in starting the fixed income prime brokerage business. Recently at Bank of America Merrill Lynch he served as Global Head of Risk for the Global Financing where he developed cross-margining capabilities and managed client portfolio relationships. Tomo also serves key roles in the ISDA WGMR initiative, where he co-chairs the Program Oversight Committee and the Risk Classification and Methodology committees.

Dr Elke König had been President of the German Federal Financial Supervisory Authority (BaFin) since 2012. After qualifying in Business Administration and obtaining a doctorate, Dr König spent many years working for companies in the financial and insurance sector. From 1980 to 1990, she worked for KPMG Deutsche Treuhandgesellschaft auditing and advising insurance undertakings. From 1990 to 2002, as a member
of senior management of the Munich Re Group, Dr König was Head of Accounting before moving to Hannover Rückversicherung AG as Chief Financial Officer. From 2010 to end-2011, Dr König was a member of the International Accounting Standards Board. Dr König was also a representative of the Supervisory Board of the Single
Supervisory Mechanism.

Vinay Kotecha is a Senior Quantitative Analyst in the risk methodology & analytics team at BNP Paribas. He leads the interest rate and FX market and counterparty risk model development, in charge of both the methodology and system implementation. Prior to joining BNP Paribas in 2003, he was a Quantitative Analyst at Enron and a Financial Engineer at Misys Banking Systems. Vinay holds a PhD in Mathematical Physics.


Vinay Kotecha is a Senior Quantitative Analyst in the risk methodology & analytics team at BNP Paribas. He leads the interest rate and FX market and counterparty risk model development, in charge of both the methodology and system implementation. Prior to joining BNP Paribas in 2003, he was a Quantitative Analyst at Enron and a Financial Engineer at Misys Banking Systems. Vinay holds a PhD in Mathematical Physics.


Prior to join Brevan Howard in 2003, Aron managed a market-neutral equity fund at Millennium Global Investments. From 2000 to 2001, he was a fixed income and foreign exchange trader at Optimum Asset Management. Prior to this, he was
at Tokai Bank Europe. He joined the firm in 1991 as a trader in the Swaps, Options and Proprietary Trading group and was appointed Joint Head of the Derivative Arbitrage Department in 1998. His other professional experience includes roles as a trader at Paribas Ltd and as a quantitative analyst at Charterhouse Bank Ltd. Aron holds a PhD in Engineering from Cambridge University, and has taught at the London
Business School.

Mr. Lin’s responsibilities include working with QRM’s diverse client base to elevate their operations to best practices and instill a culture of continuous change; managing a talented team of consultants to ensure that QRM’s clients are unquestionably satisfi ed and evolving best practices to keep pace with a rapidly changing industry and communicating those changes to both QRM’s development team and QRM’s client base. Mr. Lin has steered reengineering projects for clients ranging in size from 1 billion in assets to well over 1 trillion in assets across a wide variety of disciplines including ALM, FTP and capital management. Prior to joining QRM’s London office, Mr. Lin led QRM’s client management team in Singapore, covering clients from Asia and Australia. Mr. Lin has a M.S. in Financial Mathematics from the University of Chicago.

Before taking on his current role in January 2015, Aurelio Maccario was Senior Vice President and Head of Group Risk Strategies & Monitoring, also at UniCredit. From 2009 to 2013 he was responsible for Group Strategic Planning, holding managerial positions in Milan and Vienna. Previously, he held several research positions in UniCredit Corporate & Investment Banking ending his analyst career in 2009 as Chief
Eurozone Economist. Aurelio started his career at the Research Department of the Italian Interbank Deposit Protection Fund. Aurelio was also Adjunct Professor of Economic Policy at Luiss University in Rome. He holds a PhD in Economics & Finance from the University of Tor Vergata in Rome.

Ross Mackenzie is a Managing Director at Deutsche Bank (DB) where he is Global Chief Operating Officer for Market Risk Management within the Risk Division, based in London. Mr. Mackenzie joined DB in 2014 from Credit Suisse where he was Chief Auditor for Risk with responsibility for internal audit activities relating to credit, market and operational risks across the bank. He holds a degree in Accounting and Finance from the University of Glasgow and is a Chartered Accountant. He is also a graduate of the Harvard Business School's General Management Program.

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David Maloy

David is responsible for NetOTC’s North American operations, joining NetOTC from Maloy Consulting.  David’s senior client engagement, with many OTC derivatives market operations and clearing organizations, has focused on business process improvements and the adoption of technology to manage the credit enhancement of OTC counterparties and collateral management. Prior to establishing his own consulting practice, David served as Global Head of Collateral Management at Credit-Suisse Investment Bank with global responsibility, for margin management and valuations, spanning all investment banking products for investor and institutional clients. David Maloy was one of the founders of the ISDA Collateral Committee, which he co-chaired in New York between 1995 and 2002 and remains actively involved with ISDA. 

Monika has over 25 years’ experience in banking and financial services consulting roles across Europe, the US, Middle East, Asia and Australia. Her areas of focus are risk & capital management, the Basel II/III capital adequacy and liquidity framework and related regulatory developments. Monika established her own consulting firm in 2014 and is currently working as an expert advisor at Erste Group assisting with recovery and resolution planning at both Group and subsidiary levels across several Central European jurisdictions. Previously, she spent two years at McKinsey & Company as a senior expert and 13 years at PwC as the firm’s primary expert on the
Basel framework/EU CRD, advising banks and regulators globally on the implementation of all three pillars of Basel II/III.

Nancy Masschelein is responsible for the P&L of the Finance and Risk solutions, for the go to market strategy and product strategy. Nancy is also member of the EMEA management team. She lectures at various international conferences and institutions. She has articles published in several academic and policy reports. Before joining Wolters Kluwer Financial Services, Nancy was Head of Product Strategy at FinArch, where she was responsible for defining the strategy of all FinArch’s Solutions and for actively supporting the business development process. Prior to joining FinArch, Ms. Masschelein was a senior financial economist at the National Bank of Belgium. She was also a member of a number of Basel Committee’s Task Forces and has served as a consultant at the European Central Bank.

Chris Matten is a Partner in PwC Singapore Risk Assurance Practice, advising clients – primarily financial institutions - on all aspects of risk and capital management. Chris is a member of the PwC global Basel III network and is the FS Risk network leader for Asia-Pacific. Chris has nearly 30 years experience in the financial services industry, of which 18 working for banks in various risk-and financial-control roles. He has worked for UBS, Swiss Bank Corporation, National Australia Bank and OCBC Bank. His work experience has taken him from the UK, where he qualified as a Chartered Accountant, to Japan, Switzerland, Australia and Singapore. Before joining PwC he was the Chief Financial Officer of OCBC Bank.

Mark McKeon is Senior Vice President and Global Head of Investment Analytics for State Street Global Exchange which brings together our risk, performance, attribution, liquidity and transaction cost capabilities delivering solutions to Asset Managers, Hedge Funds and Institutional Investors. Mark has 17 years’ experience in market, credit and liquidity risk management as well as performance measurement and derivative valuations.


Mr. Merlin joined the European Commission in 1997, initially working on insurance and pension funds issues in DG Internal Market and Services; then progressing to the position of Assistant to the Director General before joining the Cabinet of Commissioner Charlie McCreevy in 2004. In 2008, he returned to DG Internal Market and Services as the Head of Unit responsible for Financial Services Policy and Relations with the Council. This unit has been responsible, inter alia, for defining and implementing the European Commission’s policy in the area of financial supervision and the response to the global financial crisis. Notable actions have included the establishment of the European Supervisory Authorities and the Single Supervisory Mechanism. In 2014, Mr Merlin was appointed Director for Financial Markets within DG Internal Market and Services, with responsibility over securities markets, post-trading infrastructures, asset management and economic analysis of financial markets.

Monty C. M. Metzger, author of Mobile Future 2020, is a leading thinker on digital business. Rather than focusing on the distant future, Monty takes an anthropological approach - scanning the near horizon global trends, disruptive technologies and consumer innovations on the verge of hitting critical mass, and then translating these into usable business strategies. Since Monty founded his first Internet company in 1998 he embraces digital media, as a digital leader, trend scout and future thinker. He graduated in Switzerland and Germany in business administration and electronic marketing. Monty previously ran a global Trend Research Consultancy. After the acquisition, Monty left the company and advised several European investment houses and selected innovative start-ups. As CEO of Ahead of Time, Monty has advised the CEOs and senior management teams of a wide range of governmental organizations and companies including BMW Group, Deutsche Telekom and GE. As a Partner at DIGITAL LEADERS Ventures Luxembourg he invests in technology companies globally.

Before being appointed to his current role, Giulio was head of the Risk Capital & Policies department at Intesa Sanpaolo with principal responsibilities on Economic Capital, Risk Integration, ICAAP. Formerly he was Head of Op Risk at Sanpaolo IMI. Giulio had an active role in the definition of the operational risk measurement international best practice. He is a member of the Working Group on Operational Risk of the Institute for International Finance which is actively involved in the Basel 2 lobbying process. He is currently Chairman of the Board of Directors of the Operational Riskdata eXchange association (ORX). Giulio has a PhD in Theoretical Physics from Torino University.

Daniel is a Director and a senior member of the FIG and Risk Practice based in McKinsey’s London office. He has worked with c. 100 major financial institutions in the UK, Europe, the US, Canada, South America, India, East Asia, Australia and South Africa on a broad range of risk, finance and strategy topics. The risk topics include operational risk and control, compliance and audit, organization and governance, stress testing, credit process optimization, market risk, ERM, risk appetite among others.


Pierpaolo took on his current role in June 2014. Previously he was responsible for CVA methodology at BNP Paribas, based in London. Pierpaolo is an experienced risk manager with strong focus on market risk and valuation issues.

Massimo Morini is also Coordinator of Model Research. Massimo is Professor at Bocconi University and MSc Director at Milan Polytechnic, and he was Research Fellow at Cass Business School, London. He has published papers in journals including Risk Magazine, Mathematical Finance, and the Journal of Derivatives, and is the author of “Understanding and Managing Model Risk: A Practical Guide for Quants, Traders and Validators” and other books on credit, funding and interest rate modelling. Massimo holds a PhD in Mathematics.

James works in PwC’s risk consulting team, predominately with front offi ce in investment banks on end-to-end projects from strategy to execution. Key areas of expertise include managing the economic impact of changing prudential regulation, wind-down of legacy or non-core businesses and using advanced analytics to detect rogue traders. James’ core strength is combining cross-asset class product knowledge with business strategy and changes to regulation and market dynamics to drive coherent commercial outcomes. Prior to financial services James worked with a number of corporates designing brand analytics to manage reputational risk and increase profitability.

Former chief hostage negotiator Richard Mullender has worked in some of the world’s major trouble spots. He'll be taking time out from training new hostage negotiators for the Yard, and advising the BBC on creating authentic fiction, to demonstrate how elite-level listening skills can make or break a business deal.

The squaddie-turned-policeman is hired by businesses to instruct their employees on the art of engagement, particularly listening.




As Head of Regulatory Design at The Royal Bank of Scotland, John is responsible for leading the design and planning of any changes required by the Group to ensure compliance with significant regulatory requirements such as Resolution Planning, the Independent Commission on Banking (ICB), and EU Deposit Guarantee Scheme. John has been with the RBS Group for over 37 years. During this time, he has gained extensive experience of branch and back office operations, audit, risk, change management and relationship management. John is ex-President and a Fellow of the Chartered Banker Institute and has an MBA from the University of Strathclyde Business School.

Maxine Nelson’s responsibilities include modelling of regulatory capital parameters, IFRS 9, stress testing, economic capital and portfolio analysis. Prior to joining HSBC she worked for the FSA where she was responsible for counterparty credit risk. She has extensive experience with credit risk measurement and management gained working in banks, consulting and regulation. She holds a PhD in probability theory.

Dominic is the leader of the firm’s Financial Services Industry Practice in Asia. He is a member of the PwC Global Financial Services Leadership Team. Dominic joined PwC in 1978 in the London office and was seconded to Singapore in 1991. He was admitted to the Partnership in 1994 and become Financial Service, Sector Leader for Singapore in 2000. During his career, Dominic has been involved with the provision of a broad range of financial services assurance and advisory services including statutory audits, financial due diligence, accounting advice, internal audit and regulatory advice, to many leading global and regional institutions

Mr. Norwood joined Quantitative Risk Management Inc. in 1995. As Chief Operating Officer, he helps manage QRM’s operations, including those related to the firm’s enterprise risk management consulting practices. A graduate of Colby College and the University of Chicago’s Booth School of Business, Mr. Norwood is also a Chartered Financial Analyst.

Hedwige Nuyens has 29 years of experience in the Banking Industry and in Finance.
She currently heads Group Prudential Affairs within BNP Paribas, having being involved in regulatory matters for more than 6 years. Previously she was CFO of the Catholic University Louvain and CRO of ABN Amro Bank in Belgium. Hedwige holds a Faculty of Law and a Master Financial Sciences from the Catholic University Louvain and a
Master in Business Administration and Finance from the EHSAL Brussels.

Mark Nyfeler is head of the Market Risk Methodology & Backtesting team within the Group Risk Control department at UBS. His team’s responsibilities cover Value-at-Risk Methodology, Market Risk Stress Testing Methodologies and Backtesting. Prior to that he held several positions in the Risk Methodology and Risk Control area within UBS. He holds a Master‘s degree in Mathematics from the Federal Institute of Technology (ETH) in Zurich. He joined UBS in 2000.

Caitríona O’Kelly is responsible for ongoing coverage of regulatory change relating to liquidity, capital and leverage. She leads DB’s bail-in programme for Resolution Planning including implementation of MREL and TLAC. Caitriona runs all liquidity, funding and capital modeling related to structural change proposals at a German and EU level. Caitríona was previously Head of Prudential Policy for Deutsche Bank’s Government and Regulatory Affairs Department. She joined DB in 2010 from ING where she represented the Public and Government Affairs Department in Brussels. Prior to joining ING, Caitríona worked at the Institute of International Finance and the European Banking Federation.

Stefano Pasquali oversees product development and research for Bloomberg's liquidity and systemic risk solution. His team designs and implements financial (or risk) models that use Bloomberg's comprehensive market data library and machine-learning techniques to estimate liquidity and risk in OTC markets.

Stefano has more than 15 years of experience examining and implementing innovative approaches to calculating risk and market impact. He regularly speaks at industry events about the complexity and challenges of liquidity evaluation ̶  particularly in the OTC marketplace. His approach to risk and liquidity evaluation is strongly influenced by his 20 years of experience working with big data, data mining, machine learning and data base management.



Nihil Patel is a Senior Director within Enterprise Risk Services division
at Moody’s Analytics. He serves as the portfolio business lead driving
our product and strategy related to RiskFrontier, GCorr, and the EL

Nihil has broad experience in research, modeling, service delivery,
and customer engagement. Prior to his current role Nihil has led
the Portfolio and Balance Sheet Modeling Services team within the
Research organization. Before that role, he led the correlation team for
over seven years and has been crucial in the development of products
such as GCorr Macro and the EL Calculator. In addition in his time at
Moody’s he has supported many service projects as a subject matter
expert on correlation and stress testing.
Nihil holds a MSE in Operations Research and Financial Engineering
from Princeton University and a BS in Industrial Engineering and
Operations Research from UC Berkeley. Prior to joining Moody’s, Nihil
worked as an Analyst for Cornerstone Research, a firm which specializes
in litigation consulting. Nihil is a CFA charter holder.

Dr Wilfried H. Paus originally started with Deutsche Bank Bremen branch right after school in 1984. After his apprenticeship, he went on to study pure mathematics. Having completed his PhD at the University of New South Wales in 1996, he returned to Deutsche Bank. Wilfried worked in various areas of risk methodology development with specific focus on Economic Capital and derivatives exposure methodology. He now heads the Risk Analytics & Living Wills department within the bank’s Risk function, which focuses on cross-risk methodology, ICAAP and recovery and resolution planning. Wilfried frequently represents Deutsche Bank in discussions with regulators and industry associations on risk methodology.

Lars Popken is the Global Head of Risk Methodology at Deutsche Bank, responsible for the development of regulatory and economic capital models used in Risk Management. In this role, he also leads the methodology development of the Fundamental Review of the Trading Book. Prior to joining Deutsche Bank in 2009, Lars worked at Oliver Wyman in the Finance and Risk division.

With over 14 years’ cyber security experience, Rob is a specialist in security operations and has established and managed security operations centres for both the UK government and large multinational organisations. As deputy head of the UK Government’s Cyber Security Operations Centre, Rob played a key role in preparations for the London Olympics where he led on the development of incident response measures and was responsible for the cyber exercise programme. Rob founded consultancy ‘The Cyber Security Expert’ with the aim of demystifying cyber security and helping organisations develop and deploy effective responses to the threats they face. Rob believes that cyber security should be explained in a clear and straightforward manner, and is an expert at providing succinct, jargon-free reports and analysis which focus on the key issues.

Michael Pykhtin is a manager in the Quantitative Risk section at the U.S. Federal Reserve Board. Prior to joining the Board in 2009 as a senior economist, he had a successful nine-year career as a quantitative researcher at Bank of America and KeyCorp. Michael has co-edited “Counterparty Risk Management” (Risk Books, 2014) and edited “Counterparty Credit Risk Modelling” (Risk Books, 2005). He is also a contributing author to several recent edited collections. Michael has published extensively in the leading industry journals. He has been an Associate Editor of the Journal of Credit Risk since 2007. Michael is the recipient of Risk Magazine's Quant of the Year award for 2014. Michael holds a Ph.D. degree in Physics from the University of Pennsylvania and an M.S. degree in Physics and Applied Mathematics from Moscow Institute of Physics and Technology.


Mario Quagliariello is currently the Head of the Risk Analysis Unit at the European Banking Authority (EBA), responsible – among other things – for regular risk assessment of EU banks and stress testing. He is the Chair of the EBA Task Force on Macroprudential Matters and of the Task Force on Supervisory Benchmarking. He also coordinated the work of the Stress Test Methodological Task Force. He previously served as a senior economist in the Regulation and Supervisory Policies Department of Banca d’Italia, the Italian central bank. He has been the representative of Banca d'Italia in a number of international working groups dealing with financial stability issues at the ECB, CEBS, IMF and the Basel Committee for Banking Supervision. His interests concern macroprudential analysis and stress tests, Basel III and procyclicality, the economics of financial regulation.


Daniel is a Partner at KPMG in Germany. He is responsible for projects driven by regulatory change. His portfolio covers large parts of banking regulation. In addition, he is co-heading KPMG’s ECB-Office, a specialized unit which covers ECB’s supervisory approach. Before joining KPMG Daniel was a supervisor in Germany. At that time he was responsible for developing large parts of post crisis banking regulation on G20-, European and national level.

Ms. Saloni Ramakrishna is the Author of “Enterprise Compliance Risk Management – an essential toolkit for Banks & Financial Services” A Wiley Publication. A financial services industry practitioner with nearly three decades of experience, she brings to table rich hands on knowledge and real world perspectives in Risk and Compliance space. She is invited to share her views on industry trends by national and international finance forums. Her ideas have appeared as articles and quotes in printed & online media and television interviews.


Mattia is a seasoned manager (20+ years) with deep expertise as Risk Management and Control officer, Financial Regulatory manager, Compliance officer, Treasury specialist and Lobbyist. Prior to his current role, Mattia occupied senior positions in Group Compliance and Group Risk Control at UBS. Before joining UBS in 1999, Mattia worked in the Treasury of ZKB, heading Asset and Liability Management, and as a Senior Economist at the Swiss Bankers Association. Mattia holds a PhD from the University of Fribourg and pursued post-doctoral research at the University of Cambridge.

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Erik Rood

Erik is partner within KPGM Corporate Finance, and works in the Debt Advisory team. Erik has extensive experience with regards to Asset Quality Reviews (AQR) and stress testing. In his role, Erik has led the KPMG team in the ECB Comprehensive Assessment - AQR of one of the large banks in the Netherlands. In addition, Erik has been responsible for advice to the Dutch Central Bank with regards to the AQR of several mid-tier Dutch Banks. Besides regulatory advice, Erik is responsible for the debt sales practice in the Netherlands and was recently involved in the successful sale of a large non-performing loan portfolio for a Dutch bank.


Dan Rosen was CEO and cofounder of R2 Financial Technologies, which was acquired by S&P Capital IQ in 2012. Dan acts as an advisor to institutions in Europe,
North America, and Latin America on derivatives valuation, risk management, economic and regulatory capital. In addition, he is an adjunct professor of Mathematical Finance at the University of Toronto. Prior to co-founding R2, Dr. Rosen had a successful ten-year career at Algorithmics Inc., where he held senior management roles in strategy and business development, research and financial engineering, and product marketing. He holds a Ph.D. in Chemical Engineering from the University of

Kayvaun is a Principal at McKinsey & Company, based in New York, where he is a member of the Business Technology Office, as well as the leader of McKinsey’s Digital Risk practices and data management practice. He serves Financial Services firms, Asset Managers, Investment Banks, Securities Firms and universal banks on a broad range of data, risk, finance, operations and technology related issues. Recent examples of his experiences include:
• Led the design of enterprise data strategies for a top 3 US Universal bank, several regional banks, asset managers and credit card companies in response to strategic imperatives, BCBS 239, CCAR and various other drivers covering data architecture, operating model and oversight of the implementation and quality control/assurance
• Delivering a range of regulatory initiatives (BCBS 239, CSE, Basel II, Dodd Frank, SarbOx) for a number of financial services firms covering all risk types, all business units, including risk models, data architecture, capital calculations, reporting and regulatory supervision support, with significant emphasis on sustainability and digitization of processes, connectivity and analytics.Prior to joining McKinsey, Kayvaun spent 12 years at Diamond Management and Technology Consultants (acquired by PwC), where he was a Partner in their Capital Markets practice.

Previously, David Rule was Director, International UK Banks Supervision at the Financial Services Authority then Prudential Regulation Authority. David joined the FSA in 2009 as Head of the Macro Prudential Department.Before that, he was Chief Executive of the International Securities Lending Association. From 1990 to 2006 David worked at the Bank of England in a number of roles, including market infrastructure, fi nancial stability analysis and banking supervision. From 2002 to 2006 he was Head of Sterling Markets Division at the Bank. David chairs the FSB Workstream on Securities Lending and Repos (WS5), and is co-chair of the BCBS-IOSCO Task Force on Securitisation Markets.

Annelie Schnaar-Campbell joined Standard Bank in 2004 in the capacity of Director, Group Risk Management where she was responsible for the group-wide adoption of Basel II. Subsequently she became the Global Head of Integrated Risk Management and thereafter the Standard Bank South Africa CRO. Annelie is currently the Head of the Financial Impact and Strategy Unit. She is also responsible for the Standard Bank Group’s recovery and resolution planning.

David Schraa is resident at the IIF European Representative Offi ce in London. The Regulatory Affairs Department supports the IIF’s representation of internationally active fi nancial institutions to the Basel Committee on Banking Supervision, IOSCO, IAIS, the Financial Stability Board, Joint Forum, IASB and other international regulatory groups. Prior to joining the IIF, David held senior positions at J.P. Morgan, as a Managing Director, and at Davis Polk & Wardwell. He has a J.D. from the Harvard Law School.

Jitendra is the US and Global leader of KPMG’s Financial Risk Management practice. He brings over 20 years of risk management and capital markets experience. Over the years, he has been the advisor to many leading global and multi-lateral financial institutions for risk management, governance, strategy, analytics, and infrastructure issues. He also serves as the lead Partner for KPMG’s relationship with Fannie Mae. Jitendra’s risk management experience is in the Financial Services industry. He has worked as an advisor with global and regional banks, hedge funds and large asset management companies for developing and evolving their risk and capital management function, governance, analytical and trading infrastructure.

Paul Sharma is co-head of the firm’s Financial Industry Advisory Services practice in London. He was formerly Deputy Head of the U.K.’s Prudential Regulation Authority (PRA) and an Executive Director of the Bank of England. He has over 20 years of experience as a top U.K., EU and global regulator of banks and insurance companies. As a PRA leader, and earlier as a director of the Financial Services Authority (FSA), he was responsible for major regulatory reforms. He was also a member of the Bank Resolution Committee of the Bank of England.

Anna Shender leads the Regulatory Capital Policy Team within the Enterprise Capital Management function at Bank of America. She is responsible for formulating and coordinating the firm’s response to regulatory capital proposals and evaluating the business impact of new capital regulation. She and her team serve as the internal subject matter experts on capital regulation, advising the capital markets, global banking and consumer businesses on new products, complex trades, and efficient hedging strategies. Previously, Anna held various positions in market risk management at JP Morgan and Barclays Capital.

Lakshmi Shyam-Sunder was previously CFO and Director, Finance and Risk at the Multilateral Investment Guarantee Agency (MIGA), the political risk insurance and credit enhancement arm of the World Bank Group. Prior to joining MIGA in 2011, Ms. Shyam-Sunder worked at the International Finance Corporation, where she was Director for Corporate Risk, and Director of IFC’s Risk Management and Financial Policy Department. She helped develop IFC’s client risk management advisory services and created the IFI risk data consortium. She developed IFC’s integrated economic capital framework and was responsible for all financial risks in Treasury, lending and equity investment operations as well as rating agency issues. She was also Co-Chair of IFC’s New Products Assessment Group. Ms. Shyam-Sunder has consulted for a wide range of public and private sector institutions in the U.S. and in emerging markets. She has also served on the Board, and Finance and Risk Committees of institutions in emerging markets. Before joining IFC, Ms. Shyam-Sunder was a faculty member at the MIT Sloan School of Management.

Appointed Chief Risk Officer in January 2013. Raj is responsible for developing strategies to manage financial, strategic and operational risk across the Standard Life group. Before joining Standard Life, Mr Singh had acquired extensive experience in financial services worldwide. In 2011 he established advisory firm Accredere AG in Switzerland, advising financial institutions on capital, risk, and merger and acquisition issues, and remains a non-Executive Board member. From 2007 to 2011, Raj was Group Chief Risk Officer at Swiss Re Insurance Company Ltd in Switzerland, where he was also a member of the Executive Board and Committee. Before this, he was Group Chief Risk Officer at Allianz SE in Germany, a position he held from 2002.


Alan Smith is a member of HSBC’s Global Risk Management Board, which oversees the 25,000 member Global Risk Function and co-chairs its Stress Testing, Model Risk and Pensions Risk Oversight Committees. Alan has worked with HSBC for 21 years in a variety of senior finance, risk and capital management roles. Alan is a Fellow of the Institute of Chartered Accountants of England and Wales and has an MBA from Cass Business School. He sits on the Advisory Board of the Centre for Risk Studies at Cambridge University’s Judge Business School.

Jorge R. Sobehart is involved in credit risk capital measurement and allocation, stress testing, advanced portfolio loss models for wholesale credit exposures, credit migration and default risk modelling. Previously, he was a member of Moody’s Standing Committee on Quantitative Tools and VP senior analyst in Moody’s Risk Management Services, where he developed default risk models, early warning tools and model validation metrics and procedures. During his career, he has worked and acted as a scientific consultant for several prestigious companies and institutions.

Mrs Chng Sok Hui is a member of the DBS Executive Committee. Prior to her appointment as CFO in 2008, she was the Managing Director and Head of Risk Management at DBS Group and held the position for six years. Sok Hui serves as Supervisor of the board of DBS Bank (China) Limited. Sok Hui is appointed by the Ministry of National Development (Singapore) to be a Board member of the Housing & Development Board, as well as the Ministry of Finance (Singapore) to serve on the Accounting Standards Council and the Board of The Inland Revenue Authority of Singapore. In 2014, Sok Hui was appointed to the International Integrated Reporting Council. Sok Hui received AsiaRisk’s Risk Manager of the Year Award in 2002. She was also the recipient of The Asian Banker’s Inaugural Risk Manager of the Year Award in 2012. Sok Hui was named Best CFO at the Singapore Corporate Awards 2013. In 2014, she was awarded Accountant of the Year in the inaugural Singapore Accountancy Awards.

Alexander Sokol is CEO and head of quant research of CompatibL, a risk technology vendor specialising in XVA, PFE, limits, liquidity and regulatory capital. Over the course of his 18-year career as a quant, he built valuation and risk models used by over 350 financial institutions worldwide, including 4 out of 5 largest derivatives dealers. Alexander contributed to a number of recent advances in risk management, including systemic wrong way risk and the local price of risk. He has a PhD in theoretical physics from the L.D. Landau Institute and is the lead maintainer of ModVal.org, a free software library for model validation.

Mary Starks joined the Financial Conduct Authority in 2013 as Director of Competition, sharing the job with Deb Jones. Previously Mary was a Senior Director at the OFT, where among other things she was responsible for the OFT’s fi nancial services work, and its change programme. She is an economist by background, and has previously worked at the New Zealand Commerce Commission, NERA Economic Consulting and the Bank of England.

Paul is currently on assignment with the Board of Governors in Washington, D.C. serving as chair of the Comprehensive Capital Assessment Program (CCAR) Oversight Group, tasked with incorporating the overall qualitative assessment of BHCs’ capital planning processes in the year round supervisory program.  Prior to this, Paul served as the Credit Risk Team Lead for the Wells Fargo and Company onsite supervisory team, as well as the team leader for the Federal Reserve System’s Basel II/Pillar 2 Qualification team.   Paul serves as a Federal Reserve System resource for advanced risk management topics (primarily in the areas of wholesale credit and capital adequacy).  Paul also serves as an instructor for the Federal Reserve’s Basel II Corporate Activities course.  Paul was a 2010 recipient of the William Taylor Award.


George is the Financial Services Risk leader in EMEIA (Europe, Middle East, India and Africa). 3 years ago George was asked to build out and transform our Risk Consulting business. During this time he has built up the breadth of what we do, and the complexity of engagements we undertake across banking and insurance. As an example of the work he undertakes, a recent assignment saw George seconded to a global financial institution as their Group Risk director where he was responsible for management of the function and led the Risk change programme, designing and implementing the target operating model for Risk. Previously, George was the EMEA lead relationship partner on Credit Suisse and Lehman Brothers. George was seconded as a partner to Japan in 1998. Whilst in Japan he developed our ERM practice in Japan and led a number of engagements assisting financial institutions review their governance and risk management arrangements with regard to the expectations of the Japanese FSA.

Venkatesan Sukumaran (Venky) leads the analytics and insights practice for Banking, Financial Services & Insurance globally at TCS. In a career spanning more than 20 years Venky has performed various roles at leadership levels in global banks with major focus on analytics. Venky & his team deliver analytics solutions to clients through delivery teams spread across the globe for the risk, marketing, distribution and operations functions in BFSI. In doing so, the unit leverages the substantial R&D capabilities of TCS to deliver cutting edge value to clients.

Venky has a background in Economics, Cost Accounting & Management.

Mr. Sullivan joined QRM’s Credit and Capital Management team in 2007. He is now Product Manager for Regulatory Compliance, in charge of product design and development for Basel, Solvency, and hedge accounting. His expertise includes regulatory capital for banks and insurance companies, Basel 2 and 3, and Solvency. In his career at QRM, he has helped clients develop processes for funds transfer pricing, portfolio replication, capital stress testing, and balance sheet optimization. Mr. Sullivan holds a BA in Math and Philosophy from Rice University and a law degree from the University of Virginia.

Benoit Sureau has 17 years of experience in the financial industry. Previously he has been Deputy Head of European structured products and funds solutions at Lyxor. He joined Societe Generale group in 2006 after having worked as a senior rating analyst for securitization at Fitch Rating’s. Previously he worked as Risk Manager for credit and structured products at IXIS CIB. Benoit holds a Master’s Degree in Finance from Dauphine University.

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Matt Taylor

Periklis is a graduate from the London School of Economics, a Chartered Financial Analyst (CFA) and an accredited Financial Risk Manager (FRM). His experience transcends finance, risk, capital management and strategy for financial institutions (banks and insurance firms) across Europe, North America and Africa. Key areas of expertise include financial risk and regulation (Solvency, Basel), financial planning and risk forecasting, value based management, stress testing, capital management, counterparty credit risk, securitisation and structured products. Periklis is an active contributor to international conferences, research projects and publications. Entrepreneurially, he has been the founder of two successful firms in financial services consulting, and of two (less successful) firms in the retail and tourism fields. Periklis was previously with the department of Computational and Applied Mathematics at the University of the Witwatersrand in South Africa. Currently, he is researching “the intended and unintended consequences of cross-industry (banking and insurance) financial regulation” at IE Business School in Madrid, Spain.

Periklis believes that there is nothing new about FinTech innovation and, even though not a Schumpeterian economist, he believes that we have enough tools to understand and analyse the field without the need for grand forecasts and conclusions.


Debbie Toennies has responsibility for assessing regulatory issues impacting the Corporate and Investment Bank (CIB) and setting the strategy and directing the Firm’s advocacy efforts for regulatory issues which impact the CIB and securitization businesses broadly. Debbie serves as co-chair of the ISDA FRTB Steering Committee. She also serves as advisor for clients on the changing regulatory landscape. Prior to this role, Debbie was responsible for the analysis, coordination and advocacy of capital, liquidity and securitization regulatory issues within the Office of Regulatory Affairs. Prior to joining the Office of Regulatory Affairs, Debbie served as Head of Conduit Management and Business Development within J.P. Morgan’s Securitized Products Group where she was an industry leader in advocacy initiatives with global regulators regarding securitization related issues.

Javier completed 29 years serving at Santander Group where he has acted as manager of different business units including several near banking subsidiaries, structured and project finance, principal investment and trading and capital markets. He has also taken support function roles at the head office such as Assistant to the Vice Chairman and secretary of the retail banking committee. Currently, Javier Torres is head of the corporate unit responsible for model risk management throughout Santander’s footprint reporting to the Group CRO. Previously he served as senior civil servant in the Spanish Administration and as a teacher in microeconomics at the University of Madrid.

Alexander Tsigutkin is the Chief Executive Officer of Axiom Software Laboratories (AxiomSL), a firm he founded in 1991. Mr. Tsigutkin designed the original framework and foundation for developing enterprise-wide risk management, regulatory reporting and data management solutions. Additionally, he invented and patented a dynamic approach to manage data for risk management and regulatory reporting applications.

Prior to founding AxiomSL, Mr. Tsigutkin was an independent consultant to top tier international banks and financial institutions, advising senior management in the areas of banking operations and database engineering.

As an expert in regulatory reporting and risk management, Alex is a frequent speaker at technology and financial industry forums worldwide, addressing topics such as dealing with changes in regulatory and risk management space, achieving transparency across enterprise, financial control, data warehousing and bank regulatory issues.

Idzard van Eeghen is the Chief Risk Officer of RBS N.V. Earlier roles in RBS included Program Leader of the fi rmwide Economic Capital project and Head of the RBS N.V. Risk Offi ce. Prior to joining RBS in 2010 Idzard worked at ABN AMRO Bank N.V. in various positions including Head of Integrated Risk Management, Head Credit Rating Development, Vice President Structured Finance and Senior Relationship Manager. Idzard holds a Masters degree in Economics from the State University of Groningen and a Masters degree in Finance from TIAS Business School. Pieter and Idzard are co-authors of the book ‘Economic Capital: How it Works and What Every Manager Needs to Know’ published in 2009 by Elsevier.

Jean-Jacques van Helten is the Chief Risk Officer, Europe for the Bank of Montreal (BMO) Financial Group, based in London. Previously, he ran credit & market risk in the CBA’s institutional bank in Sydney and he has worked variously in a range of senior executive risk and capital markets business roles in major investment banks in Europe, Australia and the UK.

S. Varadarajan (Varada) is Global Head for Banking & Financial Services Practice at Tata Consultancy Services (TCS). Varada has about 25 years of experience and has held various Management positions in IT, Operations and Products. His rich BFS experience spans across multiple areas of Banks & Financial Institutions like Retail, Transaction Banking, Private Banking, Capital Markets. He has successfully led multiple transformation engagements focusing on improving the readiness of Banks & FIs for future growth, implementations, business process simplification and margin improvements. Varada has played a leading role in diligence, acquisitions and integration of organizations in TCS. He also consolidated, led and grew the Investment Banking & Capital market operations.

As leader for BFS Practice, Varada is responsible for establishing relevant offerings, publishing point of views, improving domain competence of TCS BFS associates, and bringing the power of collaborative knowledge in each engagement / customer interaction. As part of his role, Varada interacts with the Banks & FIs globally and champions thought leadership.

Jaime Vázquez is in charge of the Group Resolution Office and all the topics around the implementation of the Bank Recovery and Resolution Directive. He is also responsible for Group solvency policies. Previously, he was the Head of Group Accounting and Solvency Policies, following very closely the Basel III implementation in Europe and the IFRS 9 project, being deeply involved in the industry discussions. During this period Mr. Vázquez has been a member of the Accounting and Regulatory Committees of the Spanish Banking Association, member of the Accounts Committee of the European Banking Federation (EBF), IBFed and IIF, and chairs the Provisioning WG and the recently created prudential treatment of expected losses WG of the EBF. His previous experience include external audit of financial institutions at PwC, where he was Manager, and internal audit at BBVA. He was a Professor at IE Business School and Deusto University.

Sabrina has a wide experience of Operational Risk measurement and modelling for the Financial Institution sector, having worked in a variety of consultancy projects since 2002. She is responsible for the delivery of quantitative risk advisory services to banks, investment firms and insurers out of our London offices. Financial engineer by background, Sabrina has over 13 years experience in actuarial and risk consulting with a focus on quantitative analyses to enhance Financial Institutions clients’ understanding of their underlying risk exposure and then adequately capitalise and mitigate these risks. In particular, she has worked on/reviewed approximately 30 Operational Risk capital models globally.

Kim Wales is the Founder of two New York based firms, Wales Capital, a boutique management consultancy specializing in risks & compliance assessments, and CrowdBureau, an alternative rating, research and analytics company for the equity and debt crowd fi nance marketplace. She is a pioneer, policy reformer, author, activist, advocate, and entrepreneur whose work spans the democratization of the capital markets under the U.S. Jumpstart Our Business Startups Act. Ms. Wales is an influencer for transparent markets, investor protections and fund raising for start - up and emerging growth companies. Ms. Wales has influenced decision-making for a new investor class and asset classes through recommendations to the Securities and Exchange Commission, FINRA, European Commission [Building a Capital Markets Union green paper], the Ontario Securities Commission, Taiwan Financial Supervisory Commission, Australian Stock Exchange and other state and federal government agencies as related to equity and debt based crowdfunding. Prior, Ms. Wales served 17.5 years as a banking consultant.

Stefan Walter is responsible for the supervision of the most significant banking institutions in the Single Supervisory Mechanism. Previously he was Principal at Ernst & Young, where he led EY’s global bank regulatory practice. From 2006 until 2011, Mr Walter was Secretary General of the Basel Committee on Banking Supervision. He oversaw the fundamental reform of the global bank regulatory landscape, including the negotiations resulting in the Basel III framework. During this time he was also member of the Financial Stability Board. Prior to this, he was at the Federal Reserve Bank of New York for 15 years.

Stefan Weiss is responsible for the firm’s activities in southern Germany. Stefan is a specialist in risk management, regulatory reporting and bank management within 15 years of financial services experience. He started his career at Deutsche Bundesbank and ABN Amro in Frankfurt before he joined Xuccess Reply. Key recent projects have included implementing Basel II and III solutions, Stress testing approaches and strategic risk management. His activities in national and international projects include also the project management and quality assurance as well as the technical design and the execution of tests and trainings. Stefan holds a Master in Business Administration and Capital Markets from LMU Munich and is a member of the managing board of Xuccess Reply.

Stephan Wiehler is a member of the Chief Risk Offi cer Division. In his role, he is responsible for the global coverage of AIRB rating models and the credit loss stress testing of Credit Suisse. After his studies, Stephan spent 4 years in Consulting e.g. for the Austrian Federal Ministry of Economy. Stephan started his career in the risk modelling domain in 2001 and joined Credit Suisse in 2007. He was involved in development projects covering AIRB, Economic Capital and Stress Testing and held various functions in the CRO division since then. Stephan Wiehler holds a Ph.D. in Economics from the University of St. Gallen.

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Tom Wilson

Tom is the Chief Risk Officer for Allianz Group, responsible for global risk controlling and risk management policies and guidelines. Prior to joining Allianz in 2008, Tom
was the Chief Risk Officer for ING’s global insurance operations. Prior to joining ING in 2005, Tom was the Global Head, Finance & Risk Practice at Oliver Wyman &
Company (OWC), a consulting firm specializing in serving financial services firms in risk, strategy and organization. Prior to joining OWC in 2002, Tom was the CFO &
CRO for Swiss Re New Markets (SRNM), responsible for the risk management, financial/ management reporting, treasury and back-offi ce operations for the
alternative risk transfer and capital markets activities of Swiss Re. Prior to joining SRNM in 1998, Tom was the Global Head, Risk Management Practice, at McKinsey
& Company. Tom has spent most of his professional career in Europe, having lived and worked in Munich, Amsterdam, New York, London and Zurich. Tom earned his
PhD in Economics from Stanford University.

At only 22 years old, Jamie Woodruff is already one of the world’s leading authorities on cyber security, and has a media profile to match. Jamie entered the public eye when he successfully hacked Facebook as part of a student competition at Bangor University where he was studying computer information systems. He has since uncovered security holes in numerous high-profile operations, including Kim Kardashian’s website, which he hacked in May to reveal that it was putting her fans’ data at serious risk.