Tutor Biographies

Charles L. Gilbert, FSA, FCIA, CFA, CERA

Charles L. Gilbert is president and founder of Nexus Risk Management providing advanced risk management solutions to financial institutions globally. Mr. Gilbert works with several insurance and reinsurance companies worldwide to implement and execute dynamic hedging programs, Asset Liability Management and Enterprise Risk Management.

Mr. Gilbert has been actively involved in managing risks associated with equity based guarantees for over ten years including working with one of the first insurance companies to implement dynamic hedging, serving on industry task forces and conducting research for both the Society of Actuaries and Canadian Institute of Actuaries. Mr. Gilbert was also responsible for launching one of the first dynamic hedging initiatives for a major actuarial consulting firm in 2000 and is recognized as a thought leader in ERM and ALM.

Mr. Gilbert has 25 years experience in the life insurance industry and has personally trained over 1,000 risk professionals, regulators, rating agency analysts and senior management on risk management worldwide.

Robert M. Mark, PHD

Robert M. Mark is the Founding Chief Executive Officer of Black Diamond Risk which provides corporate governance, risk management consulting, risk software tools and transaction services. Dr. Mark is also the Founding Executive Director of the Masters of Financial Engineering Program at the UCLA Anderson School of Management. In 1998, he was awarded the Financial Risk Manager of the Year by the Global Association of Risk Professionals. He is the Vice Chairperson of the Board of the Professional Risk Managers’ International Association.

Previously, Dr. Mark was Senior Executive Vice-President and Chief Risk Officer at the Canadian Imperial Bank of Commerce where he had global responsibility for all credit, market, and operating risks for CIBC and its subsidiaries.

Dr. Mark is an Adjunct Professor and co-author of Risk Management (2000) and The Essentials of Risk Management (2005). Dr. Mark served on the board of ISDA as well as the Chairperson of the National Asset/Liability Management Association.

GILBERT LACOSTE, FSA, FCIA, CFA

Gilbert Lacoste is vice president of Nexus Risk Management responsible for Enterprise Risk Management. Mr. Lacoste also plays a key role in the support of the asset management and dynamic hedging initiatives for Nexus.

Previously, Mr. Lacoste was Chief Risk Officer for the Canadian Operations of Sun Life Financial and associated financial subsidiaries. He provided effective governance and oversight to ensure effective risk management frameworks, practices and processes were implemented for financial and operational risks. He was also responsible for the completeness and accuracy of the regulatory capital submission and ensured optimal determination, strategic and tactical use of capital within the Canadian Operations.

Mr. Lacoste has over 20 years experience in complex and global financial service organizations including pensions, life insurance, annuities and risk and capital management.