Richard Evans is Chief Risk Officer for Citi's Institutional Clients Group. Mr. Evans is responsible for managing and tracking the firm's risks across corporate and investment banking, sales and trading, transaction services and alternative investments. He is also responsible for setting strategic risk parameters and managing capital allocation for Citi Institutional Clients Group, as well as ensuring that the firm takes advantage of growth opportunities that meet appropriate risk-return standards. He is a member of Citi's Senior Leadership Committee.
Mr. Evans joins Citi from Deutsche Bank AG, where he served most recently as Deputy Chief Risk Officer. That role included running Treasury and Capital Management, Market Risk Management, and Investment Risk Management, including significant involvement in the bank's strategic risk decisions. He was named the "Risk Manager of the Year" in 2004 by Risk Magazine.
Before joining Deutsche in 2000, Mr. Evans served in a variety of senior roles at JP Morgan over nearly 20 years, his last role being Vice Chairman of JP Morgan's Risk Management Committee and Global Head of Risk Management.
He was a Board Member of Euroclear SA and Euroclear Plc and Chairman of that Board's Risk Committee. He is also a past Chairman and member of the International Financial Risk Institute (IFRI)'s Executive Committee, a not-for-profit association of Chief Risk Officers from the world's major financial institutions.
Mr. Evans has an MA in Economics from Gonville and Caius College, Cambridge University.