8th Risk Summit

Christoph Loch is Dean of Cambridge Judge Business School. Prior to joining the School, Professor Loch was the GlaxoSmithKline Chaired Professor of Corporate Innovation (2006-2011), Professor of Technology and Operations Management (2001-2011) and Assistant and Associate Professor (1994-2001) at INSEAD, Fontainebleau, France. He earned his PhD from the Stanford Graduate School of Business.

Rémi heads Strategic Investments within the Innovation Group of HSBC. His team invests in young and growing companies, with a view to develop business partnerships. It also manages a portfolio of financial market infrastructure investments.

Previously Rémi, was Head of Business Development for HSBC Global Banking and Markets, focusing on the development of new business initiatives.

Rémi joined HSBC France (CCF at the time) in 1994 from the interest derivatives desk of Credit Lyonnais (New York).  After three years in financial engineering Rémi took responsibility for business development in the asset management division of the bank. He then became Head of Market and Model Risks for HSBC France and a member of its management committee.

He moved to London in 2005 for a global role in derivatives risk before joining HSBC Asset Management as Global Head of Investment Solutions.

Rémi graduated from Ecole Polytechnique (Paris X88) and Ecole Nationale de L’administration Economique (Paris 1993). He also holds a Master of Advanced Studies in financial modelling from Paris Diderot University (also known as Paris 7).

Rémi is a board member of LCH Clearnet SA, a leading clearing house.

Philip Brice is Head of Risk Management within BP Treasury. His responsibilities include managing FX risks across the group, and forecasting the impact of factors such as market volatility on corporate cash flows and on the balance sheet.

He was previously Manager of Equity Capital Markets. Prior to that he spent 20 years in engineering, R&D and management across all segments of BP.

Philip holds an MSc in Finance from LBS, an Meng in Chemical Engineering from the University of Cambridge and is a certified ERP.

Dr Andrew Coburn manages the External Advisory Board of the Centre for Risk Studies, coordinating the inputs of consumers of research into the Centre’s risk agenda. Andrew is the principal coordinator of the research programme on ‘System Shock’ at the Centre.

Andrew is one of the leading contributors to the creation of the class of catastrophe models that over the past 20 years has come to be an accepted part both of business management in financial services and of public policy making for societal risk. He has extensive experience in developing models and using them for business decision support. Andrew has also provided research inputs into government policy, such as House of Congress legislation on terrorism risk management policy and urban planning for disaster mitigation in Mexico, Metro Manila, and Southern Italy.

Dr Andrew Coburn is a member of the senior management of Risk Management Solutions, the leading provider of catastrophe risk models to the insurance industry.

Dame Sandra was KPMG Professor of Management Studies at Cambridge Judge Business School from 1995 to 2013, Director of the School from 1995 to 2006 and Master of Sidney Sussex College Cambridge from 1999 to 2009. She was previously at Imperial College, University of London as Professor of Organisational Behaviour.

Dame Sandra Dawson has a wealth of experience and knowledge gained through research, education and financial services in commercial, public and charitable bodies. Current appointments include Senior Independent Non-Executive Director, TSB Bank; Non-executive Director, Winton Capital Group; Trustee/Non-executive Director, Institute for Government; Chairman of the Executive Committee and Trustee, Social Science Research Council USA; and Trustee, American University of Sharjah. Former Non-executive Directorships include Barclays Bank plc, JP Morgan Fleming Claverhouse Investment Trust plc, the Financial Services Authority and Oxfam.

Kay Firth-Butterfield is a Barrister-at-Law and part-time Judge in the United Kingdom where she has also worked as a mediator, arbitrator, business owner and Professor of Law. In the United States, Kay is Executive Director of AI-Austin and former Chief Officer, and member, of the Lucid.ai Ethics Advisory Panel (EAP). She is a humanitarian with a strong sense of social justice and has advanced degrees in Law and International Relations.

Kay advises governments, think tanks and non-profits about artificial intelligence, law and policy. Kay co-founded the Consortium for Law and Policy of Artificial Intelligence and Robotics at the University of Texas and as an adjunct Professor of Law teaches Artificial Intelligence and Emerging Technologies: Law and Policy. She is a Distinguished Scholar of the Robert E. Strauss Center for International Security and Law.

Kay thinks about and advises on how AI and other emerging technologies will impact business and society, including how business can prepare for that impact in its internal planning and external interaction with customers and other stakeholders and how society will be affected by these technologies. Kay speaks regularly to international audiences addressing many aspects of these challenging changes.

Tara became the Customer, Change & Innovation Director for Risk Division in May 2016. Reporting to the Group Chief Risk Officer, Tara is responsible for managing Customer Credit & Fraud Decisions, Recoveries Commercial Banking, Risk Infrastructure, Offshore services and Innovation & Change across Risk Division.

Her previous role was Chief Operating Officer for Insurance. Prior to joining LBG in 2008, Tara spent five years at Deutsche Bank, UK, in a number of high-profile roles culminating in the MD role in the COO office for Legal, Risk and Compliance. Tara formerly worked as a consultant at Accenture and Diamond Technology Consultants, where she led multiple projects spanning financial services, telecommunications and technology.

Tara has a degree in Psychology, a Post Graduate Diploma in Business Studies (with a specialisation in Banking and Finance), and an MA in Organisational Psychology from University College Dublin.

She is married to Will and they have two children, Leon and Iola and they live in London. Most days you can find her in 10 Gresham Street.

Andrew Freeman is the Founder and Managing Director of Cambridge Research Associates, a research and advisory company that specialises in risk-related work for global clients. Over a 25-year career he has written numerous articles and books, first as a journalist in The Economist and latterly in his role as a Senior Knowledge Expert in Risk at McKinsey. Between 2009 and 2011 he was Executive Director of the Center for Financial Services at Deloitte, overseeing its research programme on the financial services industry. In 1998 he published Seeing Tomorrow: Rewriting the Rules of Risk, co-authored with Ron Dembo, founder of Algorithmics.

Andrew is a graduate of Balliol College, Oxford and was also elected a Domus Senior Scholar at Merton College, Oxford.

Mark Gilbert joined Bloomberg News in 1991 as a bond reporter. Born in Liverpool, he graduated from King’s College, Cambridge, in 1989 with a BA Hons in Philosophy. He was London Bureau Chief from June 2009 until April 2014, when he joined the editorial board of Bloomberg View. He was a finalist in the Commentary category of the UK 2006 Business Journalist of the Year awards, and holds a Malcolm Forbes Award for Best Business Story from the Overseas Press Club of America. Mark is the author of Complicit: how greed and collusion made the credit crisis unstoppable. He is a member of the Investment Committee at King’s College, and plays bass guitar in the as yet undiscovered rock band WWJD.

Sven is a partner in McKinsey’s Hamburg office. He has deep experience in advising clients in the energy and natural-resources industries on challenges in trading, risk management, and corporate finance.

A member of McKinsey’s Electric Power & Natural Gas Practice, Sven leads work on energy trading and risk management in Europe and is also a leader in our Risk Practice. He often speaks at industry conferences and events.

Among his recent projects, Sven supported a leading energy exchange on the development of its commodity strategy at every stage, from the planning process through to implementation. Working with a leading utility, he helped design and set up a trading and risk management survey for European energy players. He has overseen cost- and complexity-improvement programs focused on building capabilities for sustainable impact at German, Swiss, and Scandinavian utilities and helped a number of energy players develop their trading strategy and business and organisational models. He has also led a review of a joint venture between two energy exchanges, focusing on business and governance models, regulatory strategy, strategic footprint, and resource allocation.

Sven has a master’s degree in chemistry and a PhD in biochemistry from the University of Hamburg.

Dr Anthony C. Hotson is Deputy Director of the Centre for Financial History and a member of Darwin College, Cambridge. He is an associate member of the History Faculty, University of Oxford. Anthony worked at the Bank of England during the 1980s, including a secondment as assistant commissioner at the newly formed Building Societies Commission. He was employed by McKinsey & Company before joining S.G. Warburg where he worked as a corporate financier and director during the 1990s. Thereafter, he has served as a non-executive director on a number of company boards in the insurance, fund management and banking sectors, as well as pursuing his academic interests. More recently, Dr Hotson has been a research fellow at the Winton Institute for Monetary History, Oxford. He teaches macroeconomics and financial history, and has recently co-edited a book on the economic policies of the Thatcher government, and another on British financial crises since the 19th century. His book, Respectable Banking: The Search for Stability in London’s Money and Credit Markets since 1695, will be published by Cambridge University Press later this year. He is a non-executive director of Cenkos Securities plc and chairs a charity, the Wadenhoe Trust.

Tim Jones is an experienced CEO with specialisms in financial transactions including payment systems, retail banking and pensions. Tim is the former CEO of NEST Pensions in the UK and serves additionally as an Independent Director at ITG, a NYSE listed institutional broker dealer in New York.

Earlier in his career, Tim spent seventeen years at NatWest Bank in the UK where, from 1990, he led the development of Mondex digital cash, as well as becoming Chief Executive of Retail Banking in the late 1990s.

Tim is now introducing Tibado, a new global digital cash venture, to which he will be devoting his full attention from 2016 as he concludes his period leading NEST.

Tim is married with three grown up children and has homes in East Sussex and London.

Alan is a passionate risk and ecosystems researcher, and a founder of the Natural Capital Alliance (NCA). Alan currently runs the Natural Capital Markets group at Lykke, which provides instant liquidity for Natural Capital Coins without transaction fees. Alan started his career as a researcher in JPMorgan’s corporate risk management group in New York, after receiving a degree in Industrial Engineering at Stanford University in 1993. He is one of 25 founding members of the RiskMetrics Group (now part of MSCI), where he authored Risk Management: A Practical Guide (1999). Alan became fascinated by systemic risk early warning signals with the onset of the US Subprime crisis in 2007, eventually developing a next generation framework for Integrated Risk Management. Alan is inspired by evolutionary ecosystems, and his most recent publication is Adaptive Risk Management: Powered by Network Science. Alan’s mission is to catalyse a global risk culture to protect the systems that sustain us.

James Manyika is a senior partner at McKinsey & Company and one of the three global leaders of the McKinsey Global Institute (MGI), McKinsey’s business and economics research arm. James is also a member of McKinsey’s Shareholder Council (McKinsey’s Board of Directors).

As Director of MGI, James has led research on the global economy, including on growth and productivity, technology and the digital economy, automation and the future of work, globalization, and competitiveness. James is one of the leaders of McKinsey’s Global High Tech, Media and Telecom Practice. Based in Silicon Valley for 20 years, he has worked with many of the world’s leading technology companies and their chief executives on a variety of issues, including strategy and innovation, and helped launch several market-shaping innovations, products, and services.

James was appointed by President Obama to serve as Vice Chair of the President’s Global Development Council at the White House (2012-2016). He was appointed by US Secretaries of Commerce to the Digital Economy Board (2016) and to the Innovation Advisory Board as part of the Competes ACT (2011). James is on the boards of the Council on Foreign Relations, the Aspen Institute, the John D. and Catherine T. MacArthur Foundation, and the Markle Foundation. He is a member of the advisory boards of the Oxford Internet Institute, MIT’s Initiative on the Digital Economy, UC Berkeley’s School of Information, and Harvard’s Hutchins Center, including the WEB Du Bois Institute for African and African-American Research. He is a non-resident Senior Fellow of the Brookings Institution and a member of the Bretton Woods Committee and the World Economic Forum Council on AI and Robotics.

James was on the engineering faculty at Oxford University, a member of the Robotics Research Lab and Fellow of Balliol College, Oxford University, a visiting scientist at NASA Jet Propulsion Laboratory in Man-Machine Systems, and a faculty exchange fellow at MIT. A Rhodes Scholar and a Smith Rippon Senior Scholar, James holds DPhil, MSc, and MA degrees from Oxford in Robotics and Engineering, Mathematics and Computer Science, and a BSc degree in Electrical Engineering from the University of Zimbabwe.

Dr Marie Moe cares about public safety and securing systems that may impact human lives. This is why she joined the grassroots organisation “I Am The Cavalry”. Marie is a research scientist at SINTEF, the largest independent research organisation in Scandinavia, and has a PhD in information security. She is also an associate professor at the Norwegian University of Science and Technology, where she teaches a class on incident response and contingency planning. She has experience as a team leader at the Norwegian Cyber Security Centre NorCERT, where she did incident handling of cyber attacks against Norway’s critical infrastructure. She has also R&D experience with connected cars technology and she has participated in standardisation work on intelligent transport systems at ETSI. She is currently doing research on the security of her own personal critical infrastructure, an implanted pacemaker that is generating every single beat of her heart. Marie loves to break crypto protocols, but gets angry when the broken crypto is in her own body.

Richard is the founder and CEO of Lykke, a blockchain Fintech that launches a global regulated marketplace for all asset classes and instruments. He is a pioneer in high frequency finance with extensive entrepreneurial experience and well known for his academic work. Richard was a co-founder of OANDA, a currency information company and market maker in foreign exchange. He is visiting professor at the Centre for Computational Finance and Economic Agents at the University of Essex. His ambition is to transform financial markets into a seamless system without the inefficiencies we currently take for granted.

Cosimo Pacciani has been the Chief Risk Officer for the European Stability Mechanism since 2015. He joined this key European institution as Senior Credit Officer and Deputy Head of Risk in 2014. Previously, he spent 20 years working in the City of London. He worked at the Royal Bank of Scotland (RBS) for 11 years, where he was Chief Operating Officer for the Group Credit Risk function and Head of Risk and Compliance for the Asset Protection Scheme, the mechanism established by the British Government to rescue the banking system. Previously, at RBS he was Head of Credit Risk for Corporate and Public Institutions in Europe.

He worked previously in portfolio management at Credit Suisse First Boston (CSFB) and for the London branch of Monte dei Paschi di Siena in London, dealing with derivative products and portfolio management. He holds a PhD from the Faculty of Economic Sciences, University of Siena and a masters degree from the Faculty of Economics, University of Florence.

Professor Daniel Ralph is a Founder and Academic Director of the Centre for Risk Studies, Professor of Operations Research at the Cambridge Judge Business School, and a Fellow of Churchill College. Daniel’s research interests include identification and management of systemic risk, risk aversion in investment, economic equilibria models and optimisation methods. Management stress test, via selection and construction of catastrophe scenarios, is one focus of his work in the Cambridge Centre for Risk Studies. Another is the role and expression of risk management within organisations. Daniel engages across scientific and social science academia, a variety of commercial and industrial sectors, and government policy making. He was Editor-in-Chief of Mathematical Programming (Series B) from 2007-2013.

Dr Robert T. Reville is the President and Chief Executive Officer of Praedicat, which has developed the world’s first forward-looking liability catastrophe model. Prior to co-founding Praedicat, Reville was Senior Economist at the RAND Corporation and a professor at the Pardee RAND Graduate School. At RAND, he conceived and led the liability catastrophe R&D project that provided the foundation for Praedicat. From 2002 to 2008, he was the Director of the RAND Institute for Civil Justice, a research centre dedicated to improving public policy related to liability, compensation and insurance. He was also Founder and Co-Director of the RAND Center for Terrorism Risk Management Policy, a policy research centre at RAND, which published research on terrorism insurance that was influential in congressional debates over the Terrorism Risk Insurance Act. Reville has published extensively on compensation for occupationally disabled workers. He served for two terms on the Board of Scientific Counselors of the National Institute for Occupational Safety and Health, Centres for Disease Control and Prevention. Reville received his PhD in Economics from Brown University.

Rolf Riemenschnitter joined McKinsey & Company’s Frankfurt office in February 2017 as Senior Advisor and a member of the firm’s Global Risk Practice. His functional specialties include transformation management, risk management, and business technology. Rolf worked for 19 years at Deutsche Bank in various leadership roles within IT and HR. While at Deutsche Bank, he successfully implemented and led the first Group-wide Chief Information Security Officer (CISO) organisation. In leading global organisations, Rolf worked from Frankfurt, New York, London, and Bangalore.

Rolf earned an honours degree in Commercial Information Technology from the University of Koblenz-Landau.

Simon’s responsibilities include managing research in the Centre, particularly the TechCat track – solar storm and cyber catastrophe research, and the Cambridge Risk Framework, a platform for analysing multiple global systemic risks through unified modelling software; a common database architecture and information interchange standards.

He is responsible for developing and maintaining partnership relationships with corporations, governments, and other academic centres. He speaks regularly at seminars and conferences.

He is developing methods for storing and applying the Centre’s Stress Test Scenarios and other Risk Assessment Tools to macro-economic analysis, financial markets and insurance loss aggregation. He is researching how network theory can be applied to understanding the impact of catastrophes in a globalised world, including supply chains, insurance and banking.

Originally studying architecture at Cambridge, Simon has spent most of his career in industry, developing software for natural hazards risk. He has worked on risk pricing for primary insurers, catastrophe modelling for reinsurers, and has been involved in placing catastrophe bonds in the capital markets. He has many years of experience in software development, relational databases and geospatial analysis and has worked in a variety of organisations from start-ups to multinationals.

Dr David Stillwell is Deputy Director of The Psychometrics Centre at the University of Cambridge. He is also Lecturer in Big Data Analytics and Quantitative Social Science at the Cambridge Judge Business School. He obtained his BSc in Psychology at Nottingham in 2007 before progressing to an MSc in Research Methods in 2008. He earned his PhD in Decision Making from the School of Psychology at the University of Nottingham in December 2012.

David would describe himself as a computer nerd, but the Centre would perceive him rather as a Mark Zuckerberg of Psychometrics. In June 2007, between obtaining his first degree and embarking on his Masters, David began a personal side project designing applications for social networks. The result was the myPersonality Facebook application that allows users to take real psychometric tests and receive feedback on their results. Today myPersonality has collected data from more than 6 million people, and the resulting database has become a priceless academic resource used by numerous researchers all over the world. It is for very good reason that Pacific Standard Magazine in 2014 named him among their ‘top 30 thinkers under 30’.

Dr Michelle Tuveson is a founder and executive director at the Cambridge Centre for Risk Studies at the University of Cambridge Judge Business School. She brings 20+ years of corporate experience within the technology and consulting sectors to further the development of better risk models for the future. Under Dr Tuveson’s tenure, the Centre for Risk Studies has become a world leading provider of research and thought leadership in scenario-based modelling of multi-disciplinary risks to businesses. Additionally, she leads the Cambridge Chief Risk Officers Council, chairs the Centre’s Annual Risk Summits, is an IEEE Standards Committee Member on the General Principles for Artificial Intelligence, and former advisory board member to the World Economic Forum’s Global Risk Report. Her articles have been published by the Financial Times Special Report on Risk Management and the Banking & Financial Services Policy Report (Wolters Kluwer). She earned degrees from MIT and University of Cambridge.

Phil leads a global team building strategic and technical partnerships for the Watson IoT platform. He is also responsible for building out the industry’s first global IBM Watson IoT Consulting Solutions practice, with 1,500 experts across the globe.

When IBM established the new Watson business in February 2014, Phil launched the Watson Ecosystem in Europe, building up a portfolio of product, agency and systems integrator partnerships. Phil built the team that can now boast the best understanding of the Watson API business in Europe, establishing a process to build use cases, partnership business models, and infusing AI and cognitive into services and products.

Phil has 16 years of experience working in technology from startups to multinationals across four continents. Through his multinational experience in IBM and BAE Systems, his previous clients include the Manhattan Transit Authority, the Energy Supply Board in Dublin, Transport for London, and Airbus Aerospace. Between his multinational experience, Phil also spent time in entrepreneurial technology businesses, most notably driving business development for educational technology platform Glovico.org. He also worked in the London Venture Capital scene working for Zouk Ventures on their Low Carbon Technology investment pipeline.

Phil was recruited into IBM in August 2011 from Colombia Business School under the prestigious IBM General Manager Leadership Development Program. Initially working as a Senior Managing Consultant, he was a key thought-leader in the UK Smart Grid and Electric Vehicles strategy. In early 2012, Phil pioneered IBM Smarter Impact, the company’s approach to using data driven solutions and greater private-public-third sector partnerships to drive inclusive economic development at city and national level, with its first solution now in implementation.

Previously, Phil led Business Development for the Smarter Cities business in Southeast Asia, bringing solutions to clients in a range of industries such as transport, energy, public safety, healthcare and education. He developed the regional go-to-market strategy, forming strategic partnerships with global players like AECOM and regional players like the Malaysia Economic Development Agency. Overall, he brought structure and management systems for the cross-brand sales teams in ASEAN and grew repeat business by 60% during this time. Based in Kuala Lumpur for this role, Phil also advised the IBM Malaysia leadership on a range of strategic country initiatives.

Phil has authored a number of IBM point-of-view papers, and regularly represents IBM at conferences and speaking events, typically at the nexus of emerging technology, entrepreneurship, sustainability and economic development.