Risk Management for Central Banks 2022b

Janet Cosier is the former Chief Risk Officer and Adviser on Strategic Planning at the Bank of Canada. She continues in her capacity as the Chair of the Board of Directors of the Canadian Payments Association. She has served in a variety of functions including comptroller and chief accountant, as well as chief internal auditor, before being appointed adviser to the governor. She has provided technical assistance to various central banks in the areas of strategic planning, risk management, governance and financial reporting. Before joining the Bank of Canada, she worked with the Office of the Auditor General of Canada and with the Department of Industry, Trade and Commerce. Mrs Cosier holds degrees from York University and the University of Windsor in mathematics, computer science, accounting and financial management.

Marko Škreb is a former governor of the Croatian National Bank. Currently he is Central banking lead on a Financial sector reform project (FINRA) in Bosnia and Herzegovina, financed by USAID. Before that he was resident project manager for Canada-IMF Capacity building project at the National Bank of Ukraine. He moved to Kyiv from his position as advisor at the International Monetary Fund’s Regional Technical Assistance centre in Accra, Ghana.  Before that, he was chief economist and strategist at the second largest commercial bank in Croatia. Mr. Skreb started his professional career teaching at the University of Zagreb. Following academic vocation he joined the Croatian central bank, first as research and statistics director and later on as governor (from 1996 to 2000). In 1997 he was awarded the Central European Annual Awards for Excellence - Best Central Bank Governor by the Banker. Since 2000 he worked as a consultant for the International Monetary Fund and the World Bank in numerous countries, mostly in South-East Europe. He also worked at the Independent Evaluation Office of the IMF in Washington DC in the period 2004-2005. Mr Škreb published a number of articles and edited books, focusing on transition questions and financial issues.

Jill Vardy was appointed Advisor (Communications) and Chief of Staff, effective 3 January 2017. In this role, she provides strategic communications advice on major corporate and policy-related issues and works closely with Executive Council and department chiefs to maximize the Governor’s schedule and work priorities. She also plays a key role in strategic thinking and engagement with the Bank’s partners and stakeholders.

Ms. Vardy spent 14 years covering economics, finance, government policy and the technology sector for The Financial Post (later incorporated into the National Post). After covering economics in Toronto, she spent six years as a Parliament Hill reporter in Ottawa and six years as the National Post’s senior technology writer and columnist. In addition to writing, she also appeared frequently as a business panelist on CBC radio and television and taught economics and business journalism at Carleton University.

Ms. Vardy joined the Bank of Canada’s Communications Department in 2002 as a speechwriter for the Governor and other members of Governing Council. She became Director, Planning and Public Affairs, in 2006. In 2008, she served as the department’s Acting Chief and was then named Deputy Chief. She became Chief of Communications in December 2010, a position she held until her current appointment.

Born in Corner Brook, Newfoundland, Ms. Vardy attended Mount Allison University and earned an honours degree in journalism from Carleton University.

Janet Cosier is the former Chief Risk Officer and Adviser on Strategic Planning at the Bank of Canada. She continues in her capacity as the Chair of the Board of Directors of the Canadian Payments Association. She has served in a variety of functions including comptroller and chief accountant, as well as chief internal auditor, before being appointed adviser to the governor. She has provided technical assistance to various central banks in the areas of strategic planning, risk management, governance and financial reporting. Before joining the Bank of Canada, she worked with the Office of the Auditor General of Canada and with the Department of Industry, Trade and Commerce. Mrs Cosier holds degrees from York University and the University of Windsor in mathematics, computer science, accounting and financial management.

Kanagalingam is currently a Deputy Director in the Business Technology Department of Bank Negara Malaysia. He is responsible for strategy and governance matters, with a focus on planning, performance and change management. Before this he was responsible for the Central Bank’s organisational strategy and business planning function. He joined the Bank in 1990 and over the 30 years has served in several capacities, including bank supervision, crisis management, international capacity building and organizational development. He holds an MBA from London Business School.

Antonieta Campa heads the Projects and Risk Analysis Division at the Central Bank of Mexico, where she works on enhancing risk management for the Central Bank's operations in both the national and international markets, its insurance schemes for current operations and new projects, and develops risk management models and methodologies for the institution's internal activities. Ms. Campa joined the Central Bank of Mexico in 2004. Prior to her current position, she served as Financial Risk Manager, in charge of valuation, risk management and compliance activities for the foreign currency reserves. She holds a BSc. in Mathematics from UNAM in Mexico City and a MSc. in Mathematical Finance from Universitat Autonoma de Barcelona.

Greg Carpenter is the AVP of Unified Communications for the Federal Reserve. His previous roles span across multiple government organizations including The Federal Reserve Bank of Cleveland, NASA, United States Army Space Command, and United States Air Force Space Command. In these organizations Greg has led risk management, information security, and business continuity functions. The blend of Greg’s background and a focus on customer experience provides a unique perspective to risk management and technology survivability approaches.

Gabriel Andrade is the head of the Risk Management Department at Banco de Portugal, which he has been responsible for since October 2014. He is currently the Chair of the Eurosystem Resilience Task Force He is also a member of the International Operational Risk Working Group (IORWG) and works regularly in technical assistance missions of the International Monetary Fund (IMF) to Central Banks. From 1987 to 2013, Mr. Andrade worked in the private banking sector, including 20 years with Barclays Bank. He holds an Economics degree from the Lisbon School of Economics (ISE), as well as numerous post-graduate degrees elsewhere, including Universidade Católica Portuguesa (UCP), AESE Business school (AESE / IESE) and Universidade Nova de Lisboa (UNL).

Paul Chammas is a Technology Risk & Cybersecurity Consultant and Auditor, with more than 12 years of experience within big consulting firms. He co-founded in 2018 CLARICE, a startup specialized in Innovation & Risk Management, then co-founded in 2021 QuRISK, a startup specialized in Quantum Computing & Risk Management.

Paul holds a Telecommunication Engineering diploma from EFREI Paris and an Advanced Master in Technology Management from HEC Paris. Paul is certified CISA, CRISC and ISO27005.

Mads G. Kristensen is the deputy head of the Internal Audit department at Norges Bank. He is certified as a state authorised public accountant as well as an internal auditor. A substantial part of his work is devoted to the banks operations for managing the Government Pension Fund Global, which is one of the largest sovereign wealth funds in the world. Mr. Kristensen holds an MSc in Accounting and Auditing from BI Norwegian Business School.

Janet Cosier is the former Chief Risk Officer and Adviser on Strategic Planning at the Bank of Canada. She continues in her capacity as the Chair of the Board of Directors of the Canadian Payments Association. She has served in a variety of functions including comptroller and chief accountant, as well as chief internal auditor, before being appointed adviser to the governor. She has provided technical assistance to various central banks in the areas of strategic planning, risk management, governance and financial reporting. Before joining the Bank of Canada, she worked with the Office of the Auditor General of Canada and with the Department of Industry, Trade and Commerce. Mrs Cosier holds degrees from York University and the University of Windsor in mathematics, computer science, accounting and financial management.