David Nigro, Chief Risk Officer (CRO)
Professional Overview
David Nigro is the Chief Risk Officer (CRO) at American Express, responsible for overseeing the company's comprehensive risk management strategy and practices. With over 30 years of experience in the financial services industry, he brings a wealth of expertise in credit risk, product development, and business analysis.
Experience Summary
Current Role
As the CRO at American Express, David is responsible for identifying, assessing, and mitigating various types of risks, including credit, market, operational, and reputational risks. He collaborates closely with the executive team to ensure the company's risk management framework aligns with its strategic objectives and risk appetite. Under his leadership, American Express has enhanced its risk management capabilities, driving improved financial performance and strengthening customer trust.
Career Progression
Prior to his current role, David held various senior positions at American Express, including SVP, Chief Credit Officer for the U.S. Consumer Card Services division, and SVP, General Manager of Risk Products and Platforms for the Global Network and International Card Services. His deep understanding of the card industry and expertise in risk management have been instrumental in driving the company's success.
Earlier in his career, David served as a Supervisor of Business Analysis and Planning at HBO, where he gained valuable experience in data analysis and strategic planning.
Academic Background
David holds a Bachelor's degree in Business Administration from a leading university, with a specialization in Finance.
Areas of Expertise
- Credit risk management
- Product development and risk analysis
- Financial modeling and data-driven decision making
- Strategic planning and risk governance
- Regulatory compliance and risk reporting
Professional Impact
Under David's leadership, American Express has significantly enhanced its risk management practices, leading to improved portfolio performance, reduced losses, and increased profitability. His innovative approach to risk management has been recognized industry-wide, and he is frequently invited to speak at industry events and conferences.
Conclusion
With his extensive experience, strategic vision, and proven track record of success, David Nigro is a respected leader in the financial services industry. As the Chief Risk Officer at American Express, he continues to drive the company's risk management initiatives, contributing to its overall growth and stability.
