Bernard Madoff

Changing hats, March 2012

Sharon Bowles retains her role as chair of Econ in the EU, while Rosalind Tyson retires from the SEC and Chartis appoints a new CRO

He who laughs last

Professor Leon Metzger is a seasoned campaigner on the importance of internal controls within asset management firms, and has faced ridicule over the years from those who valued returns over operational controls. Then along came Madoff. No-one's laughing…