Michael Grimwade

Head of Operational Risk at ICBC Standard Bank

Speaker

Michael Grimwade first worked on Operational Risk management 30 years ago. He is a Managing Director at ICBC Standard Bank and has previously held senior Operational Risk management roles at MUFG Securities, RBS and Lloyds TSB. Prior to this Michael was a management consultant with PwC and Deloitte Consulting. He is currently a Board Member of the Securities Industry BCM Group and he has also previously been a Board Member of the Institute of Operational Risk.

Michael has written a number of peer-reviewed papers on Operational Risk management covering: quantifying emerging risks; modelling capital; stress testing; AI; and Climate Change. He received an award in 2014 from the Institute of Operational Risk for his contribution to the profession. His second book, “Ten Laws of Operational Risk”, was published in December 2021.