Ina Narula, Chief Risk Officer (CRO)
Professional Overview
Ina Narula is a seasoned risk management executive with over 20 years of experience in the financial services industry. As the Chief Risk Officer (CRO) at Amalgamated Bank, she is responsible for overseeing the organization's enterprise-wide risk management framework, ensuring regulatory compliance, and driving strategic initiatives to mitigate and manage various risk exposures.
Experience Summary
Current Role
Ina Narula has been the Chief Risk Officer (CRO) at Amalgamated Bank since April 2023. In this role, she is responsible for developing and implementing the bank's comprehensive risk management strategy, including the identification, assessment, and mitigation of operational, credit, market, and compliance risks. Ina has been instrumental in enhancing the bank's risk management practices, leading to improved risk-adjusted returns and strengthening the organization's overall resilience.
Career Progression
Prior to joining Amalgamated Bank, Ina served as the Chief Risk Officer for Supervision at the Federal Reserve Bank of New York, where she played a pivotal role in overseeing the risk management practices of systemically important financial institutions. She also held risk management roles at Deutsche Bank and American Express, where she gained extensive experience in implementing effective risk management frameworks and driving process improvements.
Ina's early career includes positions as an Audit Manager and Cost Manager at Procter & Gamble, as well as a Financial Analyst at Federal Mogul and an Audit Senior at Fifth Third Bank. This diverse background has equipped her with a well-rounded understanding of financial operations, control environments, and risk management best practices.
Academic Background
Ina Narula holds a Master of Business Administration (MBA) from the University of Chicago Booth School of Business, where she specialized in Finance and Risk Management. She also earned a Bachelor of Science (B.S.) in Accounting from the University of Illinois at Urbana-Champaign.
Areas of Expertise
- Enterprise risk management
- Regulatory compliance and reporting
- Credit risk, market risk, and operational risk management
- Strategic risk mitigation and optimization
- Financial modeling and data analytics
- Leadership and team development
Professional Impact
During her tenure at the Federal Reserve Bank of New York, Ina played a pivotal role in enhancing the risk management practices of several systemically important financial institutions, contributing to the overall stability and resilience of the banking system. Additionally, her expertise in implementing effective risk management frameworks has enabled her to drive measurable improvements in risk-adjusted returns and operational efficiency at her previous organizations.
Conclusion
Ina Narula's extensive experience in risk management, coupled with her strong academic background and proven track record of driving strategic initiatives, positions her as a highly valued Chief Risk Officer at Amalgamated Bank. Her commitment to fostering a risk-aware culture and her ability to navigate complex regulatory environments make her a valuable asset in the financial services industry.
