PR87989

WASHINGTON, Feb. 10, 2021 /PRNewswire=KYODO JBN/ --

  -- Mr. Coen will provide Reference Point clients with unique insights and

     expertise through an expansion of the firm's global Risk and Regulatory

     Compliance services.

Reference Point, a strategy, management, and technology consulting firm for the

global financial services industry, today announced that William (Bill) Coen,

one of the world's leading risk management and banking regulation experts, has

joined the firm as Vice Chair.

Logo - https://mma.prnewswire.com/media/846500/Reference_Point_Logo.jpg  

In addition, the firm today announced that it is expanding its Risk and

Regulatory Compliance capabilities, with Mr. Coen at the helm, to help global

financial services organizations further anticipate, prevent, identify and

address risks, manage regulatory compliance and position themselves for future

growth.

Faced with new risks and increasingly challenging operating environments,

financial services organizations must gain a deeper understanding of

regulators' intentions, expectations and priorities, as well as be prepared for

the challenges that come with remediation. This will enable organizations to

better focus their efforts and resources, avoid future enforcement actions and

maximize the efficiency of managing critical and costly risk, regulatory and

control work.

"As the former author of global standards for the regulation of banks, Bill is

in a one-of-a-kind position to help financial institutions view their

operations through a regulatory lens, identify potential risks and uncover

breakthrough opportunities," said Scott Goeden, Managing Partner, Reference

Point. "Over a remarkable 35-year career, Bill has won the trust of bankers,

regulators, governments and politicians alike for his thoughtful expertise and

swift execution. I'm thrilled Reference Point clients will be able to directly

benefit from Bill's comprehensive view of risk and compliance, his global and

active network of outstanding talent and his insights into upcoming regulatory

trends and policies."

Prior to joining Reference Point, Mr. Coen served as Secretary General of the

Basel Committee on Banking Supervision. In this role, he led an international

group consisting of dozens of central banks and supervisory authorities. One of

his most notable achievements was to lead the challenging design, development,

negotiation and implementation of the post-global financial crisis banking

standards, Basel III. Prior, Bill served at the Federal Reserve, in the

Supervision and Regulation division, and at the Office of the Comptroller of

the Currency. He also currently chairs the IFRS Foundation's Advisory Board and

serves on boards around the globe (full bio (

https://c212.net/c/link/?t=0&l=en&o=3060070-1&h=1394905700&u=https%3A%2F%2Fwww.referencepoint.com%2Fabout%2Fteam%2Fbill-coen&a=full+bio

)).

"I feel at home with the Reference Point team that stands out for being

hands-on and high-performing," said Bill Coen. "The firm's unique model, which

pairs deeply experienced practitioners and former regulators with talented

consultants to provide clients with end-to-end services, appealed to me because

I believe I can have a greater impact within this framework. Specifically, I

look forward to partnering with global financial institutions and regulatory

authorities to develop a more resilient and successful financial system through

better risk management."

With his unique expertise and perspective, Mr. Coen will strengthen Reference

Point's capabilities in providing global leadership, problem solving and value

creation for institutions across the financial sector and around the world. Mr.

Coen is the newest appointment to the leadership team at Reference Point.

Capitalizing on its unique consulting model, the firm has also been adding new

clients and capabilities, as well as growing its Advisory Board (

https://www.referencepoint.com/connect/media/former-citi-executive-hollis-w-hart-joins-reference-point-advisory-board-member

).

ABOUT REFERENCE POINT

Founded in 2002, Reference Point is a strategy, management and technology

consulting firm focused on delivering impactful solutions for the financial

services industry. We combine proven expertise and practical experience in a

unique consulting model to give clients superior quality and superior value.

Our engagements are led by former industry executives, supported by top-tier

consultants. We partner with our clients to assess challenges and

opportunities, create practical strategies and implement new solutions to drive

measurable value for them and their organizations. For more information, please

visit www.referencepoint.com.

Ph: +1 703-663-1745

info@referencepoint.com

SOURCE: Reference Point