New risk rules pose big changes for financial services

Reports & Insights

Financial

David D. Gibbons

John Petzold

New rules proposed by the Federal Reserve Board of Governors to remedy causes of the financial crisis include very specific prescriptions for risk oversight, including increased stature for the Chief Risk Officer, ensuring independence for the role, and requiring expertise on the board’s risk committee.

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Author Profile:

David D. Gibbons

Managing Director, Promontory Financial Group

David D. Gibbons is a managing director at Promontory Financial Group. His specialties include credit and enterprise risk management issues, such as processes and controls, and financial and risk management assessment. He also handles troubled institution resolution, designs and implements turnaround strategies, and performs portfolio due diligence reviews.

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http://www.kornferry.com/Bios/johnpetzold

John Petzold

Principal
New York

John Petzold is a Principal in Korn/Ferry International’s New York office, where he is a member of the Firm’s Global Financial Services Market, specializing in the Consumer and Commercial Banking Sector.

Mr. Petzold has conducted senior-level search assignments across all aspects of retail and commercial banking, consumer and commercial finance, mortgage banking, credit cards, retail brokerage, private banking and real estate. In addition, he is a core member of the Firm’s Financial Officers Center of Expertise.

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