The BTRM Faculty & Advisory Board

The BTRM Faculty

BTRM Designer and Founder 

Moorad Choudhry

Professor Moorad Choudhry is the former Chief Executive Officer of Habib Bank Zurich plc in London, and Honorary Professor at University of Kent Business School. Prior to joining Habib Bank, Moorad was Head of Treasury at RBS Corporate Banking, Head of Treasury at Europe Arab Bank, Head of Treasury at KBC Financial Products and vice-president in structured finance services at JPMorgan Chase Bank. He began his career at the London Stock Exchange in 1989.

At KBC FP Moorad led the team that designed, originated and structured Picaros Funding LLP, the world’s first multi-SPV synthetic asset-backed funding vehicle, and later winner of the Euromoney Structured Finance Deal of the Year award for 2005.

Moorad is a Fellow of the Chartered Institute for Securities & Investment, a Fellow of the Institute of Directors and a member of the Board of Governors of IFS-University College. He is on the Editorial Boards of the Journal of Structured Finance, Qualitative Research in Financial Markets, International Journal of Economics and Finance and American Securitization. He has authored over 20 textbooks on finance and banking.

Moorad is Founder of the Professor Moorad Choudhry Scholarship at the University of Westminster, awarded every 3 years to two undergraduate students at Westminster Business School.


 

 

 

Head of BTRM Faculty

Chris Westcott

Chris Westcott has over 30 years of experience in the banking industry, with the majority of time spent in the field of Treasury management. He has held a range of senior positions in the Treasury functions of both Nat West and Royal Bank of Scotland in the UK. These have included divisional Treasurer roles and various project assignments, such as leading the development of an in-house securitisation capability and the integration of the ABN AMRO Treasury function post-acquisition.

In the lead-up to the implementation of CRD IV, Chris was the Basel 3 Programme Director for RBS, accountable for over-seeing the group-wide set of projects to achieve compliance with the new regulations.

Chris joined the BTRM Faculty in 2014


 

Deputy Head of Faculty

Edward Bace

Edward Bace is a finance professional specialising in credit and liquidity risk. He is an advisor to the Chartered Institute for Securities & Investment (CISI), where he is involved in professional finance qualifications. He lectures at Middlesex University Business School’s Accounting & Finance Department, teaching graduate and undergraduate finance, banking and economics programmes.

Dr. Bace has been a banking and credit risk professional for many years in New York and London, and served as Head of Education for the CFA Institute in Europe, Middle East and Africa. He serves on Academic Editorial Panels for the CISI and IISES, and on PRMIA’s Ethics & Professional Standards Committee.

Edward has a University of Michigan PhD and a New York University Business School MBA. He is a CFA and a Charter Member of the CISI.


Suleman Baig

Suleman Baig has over 17 years experience in investment banking, over half of which has been in the securitisation and covered bond space.

Within the securitisation market, Suleman has executed a significant number of transactions in variety of asset classes spanning four continents. He has structured a number of market ‘firsts’ including the first ever South American covered bond (Structured Finance Deal of the Year, Latin Finance 2012).

Suleman is a board member of the European Securitisation Forum. He is currently responsible for Securitisation in the Investment Banking Division of Goldman Sachs.

He is a graduate of the London School of Economics.


Polina Bardaeva

Polina Bardaeva graduated from Lomonosov Moscow State University, Department of Economics in 2007 with a Masters degree and obtained her PhD from the same institution in 2010.

During 2011-2014 she was Head of Internal Treasury at MTS Bank in Moscow, currently she is Head of Group FTP at Sberbank.

Polina is on the faculty of Moscow State University (for its Masters program) and has authored 16 publications on finance and economics.


Rita Gnutti

Rita Gnutti is head of group market and counterparty risk internal model methodology, risk architecture and regulatory reporting at Intesa Sanpaolo in Milan. Rita holds a degree in Economics cum laude at Università Cattolica del Sacro Cuore in Milan, where she achieved the “Premio Agostino Gemelli” as best graduate of the year.


Peter Eisenhardt

Peter Eisenhardt is Secretary General of the International Council of Securities Associations. He has worked in treasury, money market trading, bond options trading, repo, credit, and debt origination in New York, London, and Tokyo over a 30-year career at Bank of America Merrill Lynch and J.P. Morgan.

Peter was voted by industry peers to Euroweek's "Dream Team of the Global Capital Markets" in 2004. He is past chairman of the International Capital Markets Association Euro Commercial Paper Committee.

Peter holds a BA from Wesleyan University and an MBA from New York University.


Juan Ramirez

Juan Ramirez is currently working in in one of the Big 4 Accounting firms, addressing complex financial instruments accounting and Basel III issues. Before he devoted 20 years to marketing structured derivatives solutions, including commodity, credit, equity, fixed income and FX, at JP Morgan, Lehman Brothers, Barclays Capital, Banco Santander and BNP Paribas. Juan holds a BSc in electrical engineering from ICAI and an MBA from University of Chicago.

Juan is the author of Accounting for Derivatives and Handbook of Corporate Equity Derivatives and Equity Capital Markets.

 


Jamie Paris

Jamie Paris is Managing Director, Head of Liquidity Management and ALM at Standard Chartered Bank in London. As part of these responsibilities, he provides thought leadership on how to manage the Bank through regulatory changes and their implications on liquidity risk management.

He re-joined Standard Chartered in 2012 after 2 years at the Royal Bank of Scotland where he worked in Business Treasury, RBS Global Banking and Markets. Prior to that Jamie was at Standard Chartered for 12 years where he was Head of Regulatory Liquidity Reporting and COO ALM.

Jamie is a Fellow of the ACCA.


Massimo Pedroni

Massimo is partner of Prometeia since January 2015 and Head of the International Business Practice since October 2014. His client base is highly diversified, including central banks, multilateral development organizations, international banking groups and small-size financial institutions.

In his multi-year experience as ALM & Treasury Risk consultant, he has worked in more than 15 different countries, leading large-scale projects in Austria, Germany, Russia, Turkey, Central Eastern Europe and Middle East countries.

Before joining Prometeia, Massimo has held various consulting positions in several Tier1 banks and, more recently, the role of Head of Treasury Risk Modelling in TSB Bank.

His qualifications include a BA in Economics and a Master in Quantitative Finance from the University of Modena and Reggio Emilia.

 


Engelbert Plassmann

Engelbert Plassmann is Director at Commerzbank’s Treasury ALM department in Frankfurt. The department is responsible for controlling structural liquidity risk including Liquidity FTP and covers also regulatory developments relating to liquidity management.

Previously Dr Plassmann worked in several roles in former Dresdner Bank’s risk department, including market risk modelling and economic capital allocation.

Before entering banking in 2001, Engelbert pursued academic interests and earned a doctoral degree in econometrics from University of Constance, Germany.


Bruce Walker

Over a 32 year career in banking Bruce has acquired a wide range of experience; including stints in front-line roles of relationship management, leading the structuring and execution of tax deals and company sales, aviation and shipping finance, big-ticket leasing and asset finance, and non-core disposal activity.

Laterly Bruce has worked within the Treasury environment, structuring and executing large-scale balance sheet trades for secured funding and capital optimisation purposes. His most recent role was as senior manager in the embryonic Treasury unit for the RBS-divesting challenger bank, Williams and Glyn plc, where he was involved in the whole range of treasury activities building out the Bank’s Treasury function.


Enrique Benito 

Enrique Benito is with Deloitte in London where he specialises on the provision of advisory services within the Banking & Capital Markets practice. His past experience includes the set-up of the ALM function of GE Capital Bank in London. Prior to that he was with the UK Financial Services Authority, where he contributed to the development of the first post-crisis liquidity risk supervisory regime and represented the UK on negotiations relating to Basel III and CRD IV. He began his career at the Central Bank of Spain.

Enrique is a Teaching Fellow at the University of Oxford’s Saïd Business School and sits at the advisory council of the Centre for the Study of Financial Innovation (CSFI).


    

Amitabh Singhania 

Amitabh Singhania is Head of Risk with Emirates NBD Bank in London, where he holds the SMF4 designation.

He is a Chartered Accountant by training, and was previously with ICICI Bank, Standard Chartered Bank and Royal Bank of Scotland. Amitabh is a chartered member of the Chartered Institute of Securities & Investment (CISI) and has partly qualified the Financial Risk Manager (FRM) program of the Global Association of Risk Professionals (GARP).


Patricia Robertson

Patricia Robertson commenced her career as an LME metals broker before joining one of the first city regulators as a compliance officer. During her time in the City she has worked in compliance for international finance houses such as Tullett’s, and was a founding director of Greenwich Europe Ltd. Latterly, Patricia has worked as a compliance consultant for a variety of firms including BP, Daiwa and Bank of America.


Nicolas Bischoff

Nicolas Bischoff is an independent consultant specialising in bank risk and finance, and a lecturer in Mathematics on the MBA programme at ESLSCA in Paris. His current engagement is on the strategy and capital plan for The Co-operative Bank in Manchester.


Soumya Sarkar

Soumya has over 12 years of experience in Treasury, Risk management and Trading/Structuring in London, Singapore and Mumbai. In his most recent role he set up the Treasury function at Oak North Bank, embedding the liquidity and capital adequacy framework and being part of the team submitting the banking license to the PRA. Previously Soumya worked in ALM and balance sheet management for RBS Global Markets and in risk management of structured credit portfolios at Rabobank.

 


Kevin Liddy

Kevin Liddy is a consultant with Solum Financial and has 30 years of experience in investment bank trading and risk management. Prior to joining Solum Financial he held trading positions at Chase Manhattan, Bear Stearns, Nat West and Royal Bank of Scotland. At Royal Bank of Scotland he was Global Co-Head of Counterparty Exposure Management responsible for the pricing, management and trading of all counterparty risk activities; in addition Kevin was Deputy Head of Delta Trading and Global Head of STIRT, responsible for all Delta trading products. Kevin holds a BSc. Hons in Applied Science from Kingston University.

Guest Lecturers

The BTRM is very privileged to be able to bring highly respected and esteemed practitioners and academics to the programme to present guest lectures on issues of topical interest.

Past guests have included:

  • Professor Carol Alexander, Head of the Business and Management Department at the University of Sussex and co-editor of the Journal of Banking and Finance
  • Professor Jessica James, MD, Head of FX Quantitative Solutions Group at Commerzbank AG
  • Professor Joel Bessis, HEC, Paris and author of Risk Management in Banking
  • Valerie Maysey, Director Trading Risk Management at UniCredit Bank AG
  • Enrique Benito, Adjunct Professor at the Barcelona School of Management (Universitat Pompeu Fabra)
  • Patricia Robertson, MD Westport Global Ltd
  • Stephen Laughton, Head of FIC Front Office Risk & Resource Optimisation, Commerzbank AG
  • Colin Johnson, Chairman of the UK ALM Association

Colin Johnson

Valerie Maysey Professor Jessica James
   
Professor Carol Alexander    

Advisory Board

The BTRM is privileged to be able to call on an esteemed Board of Advisors that influence the shape and direction of the programme, ensuring its relevance, currency and practitioner value.

Professor Gautam Mitra

Professor Gautam Mitra

Distinguished Professor, CARISMA, Brunel University

Gautam Mitra is the founder and MD of OptiRisk Systems. He is an internationally renowned research scientist in the field of Operational Research in general and computational optimisation and modelling in particular. He has developed a world class research group in his area of specialisation with researchers from Europe, UK , USA and India. He has published five books and over 150 research articles. He is an alumni of UCL and currently a Visiting Professor of UCL. In 2004 he was awarded the title "Distinguished Professor" by Brunel University in recognition of his contributions in the domain of computational optimisation, risk analytics and modelling. OptiRisk Systems, for which he directs research, is today a leader in the domain of financial analytics. Professor Mitra is also the founder and chairman of UNICOM Seminars.

Ruth Wandhofer

Ruth Wandhöfer

Ruth Wandhöfer is Global Head of Regulatory and Market Strategy for Citi's Treasury and Trade Solutions business.

Ruth was named as one of 2010s "Rising Stars" by Financial News; named in Management Today's 2011 "35 Women under 35" list of women to watch, and one of the 100 Most Influential People in Finance 2012 as named by Treasury Risk magazine. She speaks five languages (EN, DE, FR, ES, IT) and has an MA Financial Economics, an MA International Politics and an LLM in International Economic Law. She is a fellow lecturer of the Pallas LL.M Program in European Business Law and lectures at Queen Mary London School of Law. Her first book, EU Payments Integration (Palgrave MacMillan) was published in 2010. Her second book, Transaction Banking and the Impact of Regulatory Change: Basel III and other challenges for the global economy (Palgrave MacMillan) was published in 2014.

Brian Eales

Brian Eales

Brian Eales led the Finance Team at London Metropolitan University for many years and developed its MSc Financial Markets and Derivatives programme. He has extensive practical experience of international financial markets with Commerzbank, and consultancy projects with banks including Barclays Capital, Credit Suisse First Boston, Deutsche Bank, Mizhuo and BNP Paribas.

For the past five years he has been associated with the International College of Economics and Finance part of the National Research University Higher School of Economics (Moscow) through its links with the London School of Economics and Political Science, where he lectures and carries out workshops on the use of derivative securities.

Brian holds a BA degree in Economics, an MSc in Econometrics from the London School of Economics and is a Fellow of the Royal Statistical Society.