2021 Climate Risk Symposium

Judson Berkey is a Managing Director in the Chief Sustainability Office at UBS based in Zurich where he has worked since 2003 on global risk regulatory and compliance topics. He built the first UBS non financial risk frameworks and capital models and established the first global team managing UBS interactions with financial supervisors. He currently focuses on sustainable finance policy and regulatory topics and engagement with policymakers and standard setters. He graduated from Harvard Law School and the University of Virginia and is on the board of ECOFACT. He currently chairs the Institute of International Finance Sustainable Finance Working Group.

Amitav Borkakoty is responsible for effective operations of the risk frameworks policies risk appetite and governance activities across the Group at Standard Chartered Bank and provides second line oversight of: country risk climate risk and sustainability risk (including ESG) reputational risk crypto-assets risk and insurable risks.

Sarah is the Executive Director for Financial Stability Strategy and Risk and a member of the Financial Policy Committee (FPC). The FPC is the United Kingdom’s ‘macroprudential’ authority. It is tasked by Parliament with guarding against the financial system damaging the wider economy. Sarah is responsible for the Bank of England’s work to deliver that objective.Sarah also leads the Bank of England’s work on climate change domestically and internationally a role she has held since 2016. This has included being Chair of the macrofinancial workstream of the international central bank and supervisors’ Network for Greening the Financial System (NGFS).Prior to her current role Sarah was the Executive Director for UK Deposit Takers Supervision responsible for the supervision of the UK’s banks building societies and credit unions. Before that she was Executive Director for International Banks Supervision where having joined the directorate in 2015 she was responsible for supervision of the UK operations of international banks.Before moving into supervision Sarah was a Director in the Bank's Financial Stability Strategy and Risk Directorate where she focused on developing the UK’s macroprudential policy making framework and supporting the Financial Policy Committee. Previously she was head of the division that assessed risks to financial stability from financial markets the non-bank financial sector and the real economy.Sarah led the Bank’s work to support the transition of prudential regulation of banks and insurers from the Financial Services Authority to the Bank.Prior to that she was head of the Bank’s Risk Management Division and head of Special Projects in the Markets Directorate leading the design and risk management of financial market operations undertaken by the Bank including those launched during the financial crisis.

Ben Carr leads the multi-disciplinary project team at Aviva working on scenario analysis to support the development of disclosures consistent with the recommendations of the Taskforce on Climate-related Financial Disclosures.In the Group Actuarial Function at Aviva he is responsible for the maintenance and development of their approved group-wide Solvency II internal economic capital model. Having joined Aviva from the Prudential Regulation Authority at the Bank of England in 2011 Carr’s prior experience includes working at the Insurance and Pensions Unit at the European Commission where he was heavily involved in the drafting and negotiation of the Solvency II Framework Directive. Carr holds a doctorate in mathematics from the University of Warwick.

As head of climate at the Bank of England Chris Faint has responsibility for developing and implementing the Bank's strategic approach to climate change across all of its policy operations. He has been particularly focused on the PRA’s supervisory approach to addressing the financial risks arising from climate change and the development of the Bank's climate scenario analysis exercise (the CBES) which launched in June 2021.

Lauren McNicoll joined the Climate Risk team at J.P. Morgan in 2019 where she is contributing to the development of the firm’s climate risk management framework. Lauren’s previous experience includes six years in the Risk division at Goldman Sachs and close to two years in the Environment Directorate at the Organisation for Economic Co-operation and Development (OECD). Lauren has contributed to the UK Climate Financial Risk Forum (CFRF) over the past two cycles and was a member of the Portfolio Alignment Team (PAT) in 2020. Lauren holds a BSc Mathematics from the University of Edinburgh and MSc Economics and Policy of Energy and the Environment from University College London.

Nigel Milbank is a Cambridge University graduate and Chartered Accountant having trained with Arthur Andersen and Deloitte. Nigel has held audit positions in Schroders and Credit Suisse as an Audit Director following which he helped set up the Operational risk function and Product Control global assurance at Credit Suisse. 

Nigel was Director of Enterprise and Operational Risk at Santander UK from 2006 to 2011 and joined RBS in 2012 to run the Group ICAAP function. He has held various stress testing delivery and improvement roles at RBS/ Natwest Group and since 2020 has been Programme Manager on the Climate Programme building climate stress capability and embedding climate financial risk management.

As President of GRI Jo Paisley helps lead thought leadership for GARP and the broader risk community. Paisley’s career began at the Bank of England where she worked in various economist roles ran the Statistics Division and spent the last part of her career in Supervision culminating as a director of the Supervisory Risk Specialist Division. She was heavily involved in the design and execution of the UK’s first concurrent stress test. In 2015 Paisley joined HSBC as Global Head of Stress Testing. She has also been an independent stress testing consultant. She studied philosophy politics and economics at Magdalen College Oxford completing her master’s in economics at Nuffield College Oxford.

Rob Purdy is Director of Balance Sheet Management at Yorkshire Building Society where he has worked since 2014 in several different roles across finance. He is accountable for capital liquidity and balance sheet strategy as well as managing the financial risk of climate change and all aspects of model risk. Rob has held senior roles in finance in a number of large organizations including Lloyds Banking Group and Orange Personal Communications Services. In his last role at Lloyds Banking Group Rob was the Finance Director for retail mortgages and savings. 

Rob is a Chartered Accountant and has a degree in Mathematics. 

Rob Sits on the board of Leeds Beckett University and is a member of the Yorkshire & Humber Climate Commission.