The Global Risk Management Leadership Meeting

Dr Evgueni Ivantsov is Chairman of the European Risk Management Council and author of Heads or Tails: Financial Disaster, Risk Management and Survival Strategy in the World of Extreme Risk. He is a member of the Advisory Group on Global Risks of the World Economic Forum.

Evgueni has a more than 20-year career in the banking sector working in global and large banks. His most recent role in banking was Head of Portfolio Management & Strategy at Lloyds Banking Group. Prior to this role, he worked at HSBC as a Head of Global Analytics and a Head of Portfolio Risk. Evgueni also worked in senior risk management roles at ING Group and Banque Bruxelles Lambert. In his risk management career, he was responsible for areas like stress testing, risk appetite, capital management, portfolio risk optimisation and risk modelling and analytics.

Dr Ivantsov was also a visiting Professor of Cass Business School (City University, London), a visiting Professor of International Economics at the Boston University and a visiting Professor of Money, Banking and Credit at the United Business Institutes in Brussels.

Silvia Pavoni has been the Editor in Chief of the Banker since January 2024. Silvia joined the Financial Times Group in 2005 and has been on assignment in over two dozen countries, including as economics editor for The Banker. Most recently, she was the founding editor of Sustainable Views, a service by FT Specialist providing readers with insight into how environmental, social and governance principles are reshaping capital, and into the emerging sets of policy and regulations driving this change. Silvia also serves as an advisory board member for the European Risk Management Council and for the Women of the Future Programme. She is also part of the London council of not-for-profit WILL, Women in Leadership in Latin America.

Stephen Shelley was appointed Chief Risk Officer for Lloyds Banking Group in September 2017. The Risk Function encompasses all risk types including credit, market, operational, conduct, compliance and fraud. He is a member of the Group Executive Committee and also attends the Board. Stephen joined Lloyds Banking Group in May 2011 to be the Chief Credit Officer for Wholesale & International Credit Risk. In November 2012, he was appointed Risk Director for Commercial Banking and ran the Commercial Banking Risk function.

Prior to joining Lloyds Banking Group, Stephen was the Chief Risk Officer at Barclays Corporate. He was also Chief Credit Officer for the UK Retail and Corporate business in Barclays before taking the position as CRO for the UK Corporate business, which performed very strongly in the downturn.

Romy Bowers is Chief Risk Officer and Director of Office of Risk Management at International Monetary Fund.  As the Chief Risk Officer of the Fund, she leads the IMF’s centralized risk management function, constituting the second line of defense in the Fund’s risk management, governance, and control architecture. Prior to accepting her IMF role, she was the President and Chief Executive Officer of Canada’s Mortgage and Housing Corporation (CMHC)—a public agency managing over US$250 billion in assets—where her talent and skills in risk management were essential in safeguarding the agency’s balance sheet and in delivering Canada’s National Housing Strategy.  Prior to the CMHC, Ms. Bowers had an impressive private sector career. She served as Managing Director and Head of US Operational Risk Management at the Bank of Montreal (BMO) Financial Group, the eight largest financial institution in North America. She held other senior positions in finance and risk management during her 15 years at BMO.  Ms. Bowers has an MBA in Finance from the University of Toronto, and a Master’s in Arts from McGill University in Canada. She has completed the Advanced Management Program at the Harvard Business School in Boston, Massachusetts.

David Coleman is currently an independent expert member of Risk and Compliance Committee at European Commission. Until recently, David was Group Chief Risk Officer at EBRD. He was responsible for leading departments that include Risk Management, Environment and Sustainability and Procurement Policy and Advisory. He was a member of the Executive Committee and Chair of the Risk Committee. In addition, he was a member of the commitments committee and Asset and Liability committee. He is active in supporting the Banks Transformation agenda, continuing to be a sponsor of major IT change related projects and member of the Programme Steering Board.

David has held MD level roles in Risk Management for 25 years, spanning retail, wholesale and investment banking at such institutions as Bankers Trust, Deutsche Bank and RBS.

Julia Dunn is Chief Risk & Compliance Officer at HSBC UK. She joined HSBC in May 2021. She is responsible for leading and managing the firm’s Risk and Compliance functions, which include setting and managing the organisation’s risk exposure and reporting directly to the Group CRO and the HSBC UK CEO. She sits on both the Global Risk Executive Committee and HSBC UK Executive Committee.

Prior to her current role she was the Group Chief Risk Officer for Nationwide Building Society where she spent 9 years. She spent 13 years with the Financial Services Authority during the Great Financial Crisis in both supervisory and enforcement roles. In her final role at the Regulator, she was Director of Retail Banking Supervision. Her early career was spent at PricewaterhouseCoopers where she trained to be a Chartered Accountant. Julia champions diversity and is the Executive Sponsor for the Ability network in HSBC UK.

Mihaela Nistor is Chief Risk Officer and head of the Risk Group at the Federal Reserve Bank of New York. She is also a member of the Bank’s Executive Committee.

Nistor has over 20 years of experience serving in leadership roles related to data and risk management across the financial services industry. As head of the Risk Group, she is responsible for balancing the Bank’s risk management and governance framework alongside innovation, and overseeing its approach to managing operational, financial, and enterprise risk.

Prior to joining the New York Fed, Nistor was Global Head of Enterprise Risk Management at Bloomberg, where she drove the innovation, governance, and management practices necessary to identify, evaluate, and monitor the company’s risks. Her responsibilities included developing long-term strategies for data protection and governance. Nistor has also held senior compliance and risk leadership roles at HSBC Bank USA and Citigroup.