CeFPro Connect

Connect Mag issue 3 - vertical

Video

Environmental risks and financial systems: A critical nexus
May 31, 2023
Nicholas Silitch
Nicholas Silitch, Former Chief Risk Officer, Prudential
The views and opinions expressed in this content are those of the thought leader as an individual and are not attributed to CeFPro or any other organization
Nicholas Silitch Bio

Nick Silitch is one the most respected and longest-tenured risk managers in the financial industry. Rising through banking leadership to become Chief Risk Officer of one of the world’s largest insurance companies, he has had a front row seat to the most significant economic cycles, challenges, and regulatory changes over the last 40 years. As Chief Risk Officer for Prudential Financial Services for more than a decade, Nick built an enterprise risk function from scratch—leading the company’s risk management agenda and determining its risk appetite across time and stress. He previously served as Chief Credit Officer, where he laid the foundation for a dedicated market risk function and hedging strategy. Prior to Prudential, Nick spent more than 25 years at BNY Mellon, where he navigated multiple global financial challenges, including leading the bank’s securities clearing operations through the 2008 financial crisis. Nick currently serves as Advisory Council Member of the International Association of Credit Portfolio Managers. He previously founded and chaired the North American Chief Risk Officer Council to create best practices in risk management throughout the insurance industry. Nick is a sought-after speaker and author on current industry topics and trends. He has served as a Practitioner in Residence at Georgetown University’s Edmund A. Walsh School of Foreign Service and Adjunct Professor at his alma mater, Colby College, where he earned a BA in Economics.

Nicholas Silitch