Chapter Meeting

Chicago, Illinois

A Fireside Chat with the City of Chicago's Chief Risk Officer

April 25, 2023

This chapter meeting has passed.


The GARP Chicago Chapter’s spring event features a fireside chat with Stephen Skardon, Chief Risk Officer (CRO) for the City of Chicago, and Cary Lyne, GARP’s Chicago Regional Director and President of CJL Risk Enterprises.

The importance of having a Chief Risk Officer (CRO) continues to be a focal point for financial institutions and other firms globally. Of late, many government agencies and municipalities have also named CROs to help them identify, measure, and manage risks more formally and effectively. Join the GARP Chicago Chapter as we feature a discussion with the CRO of the third largest city in the United States. Topics of discussion will include:

  • The roles and responsibilities of Chicago’s CRO
  • The reporting relationships between the mayor and other constituencies
  • Budgeting a CRO’s time: financial vs non-financial risk
  • Insights and lessons learned into the evolving risks the city faced during the Covid pandemic
  • Insurance challenges and opportunities across various types of risk (operational, cyber, infrastructure, human error)
  • The importance of educating city employees, constituents, elected officials, and other stakeholders on the value of risk management


4:30 - 5:00 pm: Registration

5:00 - 5:45 pm: Discussion

5:45 - 6:00 pm: Q&A

6:00 - 7:00 pm: Networking Reception

Attendees qualify for 1 GARP CPD credit.


April 25, 2023
4:30 PM - 7:00 PM


Residence Inn by Marriott, Chicago Downtown 11 S LaSalle St, Chicago, IL 60603


Stephen Skardon

Stephen Skardon
Chief Risk Officer, City of Chicago

Cary Lyne

Cary Lyne
President CJL Risk Enterprises & Co-Director of GARP Chicago Chapter

Chapter Directors

Daniel Brown

Cary Lyne
President and Founder at CJL Risk Enterprises LLC

Committee Members

John Zerolis
Associate Director & Lecturer Program on Financial Mathematics University of Chicago

Megan Preiss
Senior Manager EY

Eliza Tainton
Vice President Goldman Sachs

Allen Xiao
Deputy Chief Risk Officer Amundi US

Monique Thanos
Manager Portfolio Analysis Kabouter Management LLC @ FERMILAB

Rachel Sacco
Managing Director Strategic Initiatives

Andrea Shaeffer
Managing Director Risk Management

Joe McDermott
Managing Director

Marc Mazzuca
Director Corporate Risk Management

Mark Shore
Executive Director Arditti Center for Risk Management

Michele Wucker
Founder & CEO

Deborah Hill
Board Member Arditti Center for Risk Management

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