Job moves

QUOTE OF THE MONTH “I believe that of all large German banks Commerzbank has the best risk management system” Wolfgang Hartmann, chief risk officer at Commerzbank Source: Risk, November

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RiskMetrics hires Peter Davies

Peter Davies, a leading developer of risk management systems, has re-emerged after a summer break in a new position as vice-chairman of RiskMetrics, the New York-based risk advisory firm.

Davies quit Askari, the buy-side risk management systems company he founded in 1992 and later sold to State Street, in June. He has joined RiskMetrics to focus on strategic product and client initiatives.

Davies says his appointment carried no specific remit with respect to his

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