28 December 2006

The Professional Risk Managers’ International Association (PRMIA) has announced that David Millar of London, England has been appointed to the role of Chief Operating Officer of the association.

Mr. Millar has been working with PRMIA as the administrative co-Chair of the Regional Director Support and Standards Committee. In his new role, he will expand his administrative direction to include management of other global volunteer committees, including the Education and Standards Committee, PRMIA administrative, legal and financial matters, PRMIA partner relationships and general day-to-day management of operations. Mr. Millar will report to David R. Koenig, PRMIA’s Executive Director, who has also been named President and Executive Director of the PRMIA Institute. The addition of the Chief Operating Officer role to PRMIA’s professional team allows the association to further expand the services offered to its members, certification candidates and partners.

“We’re very pleased that David is expanding his professional role with PRMIA,” said Mr. Koenig. “He has shown very capable leadership of our Regional Director Support and Standards Committee and our administrative staff and volunteers have greatly appreciated his contributions.”

Mr. Millar has over 30 years of industry experience and is a process, IT and risk management professional focused on financial markets. His experience covers strategy, training, consulting, research, outsourcing and change management. He has strong business development and marketing skills. Mr. Millar has an impressive track record in retail and investment banking and ran the banking division at Capgemini, a consulting, implementation and outsourcing division. In recent years he has specialized in enterprise and operational risk management consulting, training and writing including Basel II, Sarbanes-Oxley, MiFID and other EU Directives and their control and supervisory requirements.

“I am delighted to be taking on this new challenge. It brings together a career interest in risk management with the opportunity to contribute to a successful and growing professional association”, said Mr. Millar. “It also allows me to continue working with a great team of motivated and energetic PRMIA volunteers, staff and members”.

In less than five years, PRMIA’s membership has grown from its 25 founding members to nearly 40,000 members in 172 countries. Its flagship PRM certification program is recognized as the highest standard in risk certification programs and counts candidates in over 90 countries.

Become a bobsguide member to access the following

1. Unrestricted access to bobsguide
2. Send a proposal request
3. Insights delivered daily to your inbox
4. Career development