Piyush Agrawal - Seasoned Risk Management Executive
Professional Overview
Piyush Agrawal is a highly accomplished risk management executive with over 20 years of experience in the financial services industry. As the Chief Risk Officer at BMO, he is responsible for leading the bank's enterprisewide risk management strategy, ensuring adherence to regulatory requirements, and driving sustainable risk-taking practices.
Experience Summary
Current Role
Piyush currently serves as the Chief Risk Officer at BMO, Canada's fourth-largest bank. In this role, he is responsible for overseeing the bank's comprehensive risk management framework, which includes credit, market, operational, and compliance risks. Piyush is also actively involved in shaping BMO's climate risk strategy and integrating environmental, social, and governance (ESG) considerations into the bank's risk management practices.
Career Progression
Prior to his current role, Piyush held several senior risk management positions at Citi, including Chief Risk Officer and Head of Climate Risk for the Asia Pacific region, as well as Chief Operating Officer for the bank's global operations. He has a proven track record of navigating complex risk landscapes, implementing robust risk management frameworks, and driving organizational transformation to enhance risk resilience.
Earlier in his career, Piyush served as a Finance Executive at GVK Industries, where he gained valuable experience in financial planning, analysis, and reporting.
Academic Background
Piyush holds a Bachelor's degree in Electrical Engineering from the Indian Institute of Technology (IIT) Kanpur, one of India's most prestigious technical universities. He also completed a postgraduate diploma in Management from the Indian Institute of Management (IIM) Calcutta, further strengthening his business acumen and strategic decision-making capabilities.
Areas of Expertise
- Enterprise risk management
- Credit risk, market risk, and operational risk
- Regulatory compliance and risk governance
- Climate risk and ESG integration
- Financial planning and analysis
- Strategic leadership and organizational transformation
Professional Impact
Throughout his career, Piyush has been recognized for his ability to develop and implement innovative risk management strategies that have contributed to the overall resilience and performance of the organizations he has served. He has played a pivotal role in enhancing risk management practices, improving data analytics capabilities, and fostering a strong risk culture within the institutions he has worked for.
Conclusion
With his extensive experience, deep technical expertise, and strategic leadership abilities, Piyush Agrawal is well-positioned to continue driving positive change and ensuring the long-term sustainability of BMO's operations as the bank's Chief Risk Officer.
