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APRA establishes new CRO position
The Australian Prudential Regulation Authority (APRA) has appointed Therese McCarthy Hockey as executive general manager of strategy/chief risk officer. The post is a newly created position and will entail the creation and maintenance of risk monitoring processes. McCarthy, a former Deutsche Bank executive, will assume the role effective February 2018.
Duinstra moves into new ICE role
At global clearing house Intercontinental Exchange (ICE), Boudewijn Duinstra has been named as the first appointee to the newly created role of head of first-line clearing risk. He joins ICE from ABN AMRO Clearing Bank where he served as global CRO.
Fannie Mae CRO makes top executives list
Black Enterprise named Kimberly Johnson of Fannie Mae on its 2017 “Most Powerful Executives in Corporate America” list. The honour celebrates 300 top African-American leaders from across the US. As chief risk officer, Johnson is responsible for overseeing governance and global risk for the company’s enterprise risk management.
Banati to become new Royce CRO
Small-cap equity specialist Royce & Associates has announced Gunjan Banati will become its new chief risk officer and join the firm’s management committee. Banati has been with Royce since 2013 and currently manages the investment risk program as chair of the risk management committee.
AMP appoints ANZ alum as head of risk
Jenny Fagg, previously an ANZ executive, will join AMP as chief risk officer in February 2018. She brings extensive experience in managing risk in the financial services sector and will replace current CRO Saskia Goedhart, who will return to Canada following her tenure at AMP.
