Ryan Specialty lands former JPMorgan director as first chief risk officer

Ryan Specialty Holdings has appointed its first chief risk officer. The new hire was formerly managing director and CRO at JPMorgan Chase.

Waleed Husain (pictured) has joined the firm’s leadership team to develop new risk management solutions. He specialises in identifying, analysing and mitigating internal and external risks for financial services firms.

Husain is an industry enterprise risk management veteran with experience in developing scalable enterprise risk programmes in both the public and private sectors. In 2011, he joined the Federal Reserve Bank of Chicago in the Supervision & Regulation department and had risk oversight for a portfolio of financial institutions amidst the 2008 financial crisis. After serving as managing director and CRO within JPMorgan Chase's Consumer Community Bank, Waleed joined Wintrust Financial as senior vice president of risk management.

Jeremiah Bickham, chief financial officer of Ryan Specialty, said: “We are excited to welcome Waleed to our team. Adding the role of Chief Risk Officer is a natural evolution for Ryan Specialty, and Waleed has deep experience in enterprise risk management for financial services companies. We look forward to working with Waleed in our continual pursuit of operational excellence across our firm.”

Husain added: “I am so pleased to have the opportunity to join Ryan Specialty. The firm holds an outstanding reputation in the industry, and I look forward to strategically partnering with this highly skilled management team to develop new risk management solutions for such a world class organisation.”

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