Thomas Kaiser has been working on risk management for more than 25 years. He is the founder of Professor Kaiser Risk Management Consulting and teaches risk management as an honorary professor at Goethe University as well as at other institutions. He is also active in executive education at Goethe Business School in Frankfurt and elsewhere and organises and leads conferences and seminars, as well as speaking at conferences nationally and internationally. In his long-time affiliation with KPMG, he was responsible for advising leading banks and insurance companies globally on non-fnancial risk management. Thomas has also worked for Deutsche Bank, Commerzbank and HypoVereinsbank on Operational Risk and with WestLB on market risk topics. Thomas is the editor of the latest RiskBooks title, Non-Financial Risk Management: Emerging Stronger after Covid-19, and is co-author/editor of the RiskBooks titles An Introduction to Operational Risk and Reputational Risk Management in Financial Institutions, and has written numerous articles and several further books. He is a member of the advisory board of FIRM (Frankfurt Institute of Risk Management and Regulation) and various other industry associations. Thomas holds a master’s degree in business administration from Saarbrücken University and a PhD in financial econometrics from Tübingen University.
Fighting Covid-19 in countries and operational risk in banks: similarities in risk management processes
This paper shows how banks managing operational risk and countries tackling Covid-19 could learn from each other to overcome obstacles in effectively mitigating major risks.