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Sergeant leaves Lloyds; mooted for regulatory role

Staunch advocate for the use of insurance as a hedge for op risk exposure Carol Sergeant announces she will leave Lloyds Banking Group in January.

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Carol Sergeant, chief risk officer at Lloyds Banking Group, has announced she will leave the bank at the end of January to "pursue other interests". In the cover profile of the June 2008 issue of OpRisk & Compliance, Sergeant advocated the use of insurance to hedge operational risk exposure and spearheaded the drive to get UK banks using insurance products to add real value to the firm as well as

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Emerging trends in op risk

Karen Man, partner and member of the global financial institutions leadership team at Baker McKenzie, discusses emerging op risks in the wake of the Covid‑19 pandemic, a rise in cyber attacks, concerns around conduct and culture, and the complexities of…

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