Non-Financial Risk and Operational Resilience: The Rise of Machines
Ben Gully, Assistant Superintendent, Risk Support Sector at OSFI will be speaking about how trends in technology and digitization are affecting financial institutions and how this is fundamentally altering the operating environment for the financial services industry. He will also address how OSFI is responding to these changes in the context of the risk environment and what steps financial institutions should be taking to address these developments.
Ben Gully, Assistant Superintendent, Risk Support Sector, Office of the Superintendent of Financial Institutions
Ben Gully was appointed Assistant Superintendent of OSFI’s Risk Support Sector in October 2017.
As the head of Risk Support Sector, Mr. Gully oversees the assessment of credit, market and operational risks; corporate governance; risk surveillance and analytics; model risk and approvals; anti-money laundering; and regulatory compliance.
Mr. Gully was most recently Chief Risk Officer at the Australian Prudential Regulation Authority (APRA) where he was responsible for enterprise strategy and risk, performance and quality assurance.
Previously, Mr. Gully spent 15 years at OSFI where he held senior roles with increasing responsibility, including as the head of large bank supervision. He played a lead role in developing OSFI’s supervisory practices in the areas of stress testing, risk management and risk analytics.
Before joining OSFI, he worked at the Bank of England in the area of financial stability.
Mr. Gully holds a Doctorate in economics and a Master of Arts degree (Honours) from the University of St. Andrews, and a Master of Science degree in economics from the University of Glasgow.