David has been at the forefront of innovation in the governance of risk-taking for nearly 35 years. He spent the first half of his career building and overseeing complex firmwide and portfolio-specific risk management programs. His focus shifted in the early 2000's to establishment and implementation of global best practices for risk governance at the board level and for the general practices of risk management.
David was named as one of the winners of the inaugural M-prize for management innovation in the category of "Reinventing Leadership," is the recipient of the 2008 PRMIA Higher Standard Award, and has been invited to speak at more than 100 events on five continents.
David has served on numerous for-profit and non-profit boards and has advised board members and executives around the world. His leadership roles include board chair, chief executive officer, and other senior executive responsibilities. He was responsible for the creation and development of risk management programs at three different companies. He has been responsible for the management of complex derivative and fixed income portfolios in excess of tens of billions of dollars as well as smaller equity portfolios. He was in charge of risk oversight for the complete suite of public mutual funds at one of the nation's largest banks and led the development of the first firmwide risk management program in the mortgage banking business back in 1993.
David is the author of two critically acclaimed books: The Board Member's Guide to Risk and Governance Reimagined: Organizational Design, Risk, and Value Creation, and is a member of the Editorial Board of the Journal of Risk Management in Financial Institutions. David has written numerous articles and chapters in textbooks. He's been quoted in Time Magazine, the Wall Street Journal, Forbes, and other leading publications and, early in his career, was a regular guest on the Financial News Network (now CNBC).
He is the founder of the Directors and Chief Risk Officers group ("the DCRO"), one of the founders of both the Professional Risk Managers’ International Association (PRMIA) and the PRMIA Institute, and serves on the Advisory Board of the Center for Advancing Corporate Performance.
He is a proud member of Rotary International.