Philadelphia, PA (January 2, 2003)—Charles R. Taylor has been appointed director-operational risk by RMA-The Risk Management Association. His appointment is effective today. As a senior manager, Taylor reports to RMA President and CEO Maurice H. Hartigan II.
"Charles has a broad background in international finance, economics, and corporate strategic planning," said Hartigan, "and he brings these strengths, as well as first-hand experience with professional associations, to RMA."
Most recently Taylor was managing director-strategy development at Depository Trust & Clearing Corporation from 2000-2002. Prior to DTCC, Taylor was associate partner and head of the global risk management practice at Andersen Consulting/Accenture, where he also served as consultant to the securities and banking industries.
Between 1990 and 1996, Taylor served as executive director of The Group of Thirty, the Washington-based think tank internationally recognized for its sponsorship and advancement of collaborative works in support of global standards and protocols for capital flows, risk management, and related issues. Earlier in his career, Taylor was a project economist, country economist, and senior economist for various multilateral associations, as well as a partner in Deloitte, Haskins & Sells Consultancy Division in London.
Taylor received his B.A. in mathematics from Kings College, Cambridge University, his M.Phil in economics from St. Antony's College, Oxford University, and his MBA from Wharton Business School, University of Pennsylvania.
Taylor serves on the Advisory Board for the Centre for the Study of Financial Innovation in London.
RMA is the leading professional association to promote effective risk management practices across the entire financial services industry. Headquartered in Philadelphia, RMA has 3,000 institutional members—banks of all sizes and nonbank institutions. They are represented in the association by more than 16,000 professionals in the 50 states, Puerto Rico, Canada, and numerous foreign cities, including Hong Kong, Singapore, and London.