John Webb: I have 22 consecutive years of risk assurance expertise in the UK during all stages of the economic cycle including various tumultuous periods where multiple risks impacted. This includes an era of mis-selling in the insurance sector and manging the costs of granting guaranteed annuity options and also the recent credit crisis in the banking sector. My experience with the bluest of the blue chips is clear from the fact that, for 10 years until April 2010, I was J.P. Morgan Cazenove’s Head of Internal Audit.  Prior to this I spent 12 years at Sun Life of Canada and for 8 of these years was their Head of Internal Audit.

In addition to the Cazenove Capital Markets, Corporate Finance, Investment Banking, Asset Management (sell and buy - side) & Cash Equities, Internal Audit experience and Fraud Examiner specialisation, I have further developed my Insurance knowledge.  As well as being Head of Internal Audit for Sun Life of Canada, I managed a regulatory compliance project for them, which involved my leading a multi-disciplinary team.

In June 2010 I was contracted as Risk Reward Ltd’s Director of Solvency II.  Risk Reward provides independent risk management consultancy and training for banks and financial institutions worldwide.

I have consistently demonstrated effectiveness in:

Building and developing high quality audit teams by assessing competencies and sound judgement.

Developing and building rapport with clients, negotiating diplomatically to ensure that control recommendations are accepted and implemented by the company and their out-sourcers.

Designing methodologies and processes, based on thorough research and analysis, to give assurance to the Audit Committee and management and to overcome control weaknesses.

My professional training and qualifications include:

FCCA, Association of Chartered Certified Accountants, (Associate, 1980).  Qualified on basis of first-time passes.

MA Accounting and Financial Management, University of Sheffield, 1981.  ACCA’s Jubilee Scholarship, leading to Binder Hamlyn Prize for research.

Certified Fraud Examiner, 1993.

Financial Planning Certificate of the Chartered Insurance Institute, 1996 (Stages 1, 2 and 3).

Securities Representative Certificate of the Securities and Futures Authority, 2000.

As Audit and Risk Director of Webb Sight I was:-

A. Risk Reward Limited’s Director of Solvency II and led their Solvency II insurance team, until August 2011.

B. Employed part time at QIB (UK) as Head of Internal Audit, until May 2012.

More recently as Director of Webb Sight Consultancy Ltd. I am acting as interim-head of Internal Audit for CCPGroup PLC. I have been establishing an independent Internal Audit Department and implementing an audit methodology compliant with the international standards of the Institute of Internal Auditors. I have also been in directing audit across the group including a Solvency II implementation project. 

I am also jointly writing a book on fraud risk management and have contributed regularly to the Association of Certified Fraud Examiners’ (ACFE) UK Fraud Manual.  Most recently, I revised many manual sections including Financial Institutions, Insurance, Solvency II, Institute of Internal Auditors revised standards and Fraud Auditing.