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Mark Wallace, MD, Head of Strategic Business Development, 2002 Risk Manager of the Year

Mark Wallace joined Credit Suisse as a Managing Director and Head of Strategic Business Development for Asset Management in August 2007.  He works closely with David Blumer (CEO Asset Management) and the various members of the management team to explore a number of strategic business development opportunities, including the building, composition and set up of a framework for the development of hedge fund strategies that exploit the talent and technology that currently exists within the Investment Banking division.

Mark joins Credit Suisse from UBS Global Asset Management.  He most recently served as Chief Operating Officer, managing the back and middle office functions for UBS's asset management operation and acting as Chairman of UBS O'Connor's alternative and quantative businesses in London.

Prior to this role, Mark was Chief Risk Officer for UBS Investment Bank and since October 1994 headed the Risk Control function. During this period, there was unprecedented change in the industry approach to market risk control including the introduction of Value at Risk and its adoption as the regulatory standard.  Mark was the Global Association of Risk Professionals' (GARP) Risk Manager of the Year, 2002.  Mark joined the then Swiss Bank Corporation in January 1991, at the time of the joint venture with O'Connor, and was instrumental in establishing the Market Risk Control function in the Investment Bank.

Prior to joining UBS, Mark held various posts at HSBC Group encompassing audit, risk control and finance.

Mark is a Chartered Accountant and a Chartered Tax Advisor.  He also holds a BSc in Economics from the London School of Economics and is a member of the GARP Board of Trustees.



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