First Derivative has appointed Johnny Mattimore as Managing Director of its Risk and Sustainable Finance practice.
In the role, Mattimore will lead a global team supporting clients across the full spectrum of financial and non-financial risk management, including the increasingly critical integration of climate and Economic, Social and Governance (ESG) risk management strategies and goals.
The appointment comes as risk and ESG initiatives continue to dominate boardroom discussions at financial institutions. Firms are seeking to translate strategy into operational processes to mitigate exposure to a wide range of financial and climate risk. This is particularly the case in relation to the complex data management for traditional financial and emerging sustainability risk.
“Many organisations are increasingly struggling to access standardised means to measure, monitor or manage their ESG-related data, as they oversee risks across their business,” says Mattimore. “At First Derivative, we have an enviable track record of solving these very issues for clients in the financial services sector. Working on these complex data challenges, I’m excited by the opportunity for us to take a leading role in the integration of emerging risk with traditional risk management practices.”
Mattimore brings a wealth of expertise and experience in risk management and sustainable finance to the company. He has led global risk platform redesigns and corporate sustainability governance and implementation frameworks for a number of tier 1 banks and other leading financial organisations including Gartmore Global Asset Management, Old Mutual and RAB Capital. He started his career in investment banking in senior trading and structuring roles for Citi, Bear Stearns and ING.
David Collins, Managing Director at First Derivative, says: “We are excited to welcome Johnny to our leadership team as we look to help our clients better manage emerging risk with complex financial and non-financial data. He brings to the firm extensive expertise in risk management, specifically in securities and macroeconomics. This appointment will help us develop unique product offerings that address the lack of cohesion across the industry when it comes to integrated sustainability reporting.”
