Wayne

Global Head of Physical Commodities Risk Assurance

ICBC Standard Bank • Fulltime

May 2011 - Mar 2025 • 13 yrs 10 mos

Global Head of Physical Commodities Risk Assurance with end-to-end responsibility for the governance, oversight, and assurance of ICBC Standard Bank’s global physical commodities business across base metals, precious metals, and energy. Led the design and implementation of the bank’s global physical risk framework covering storage locations, stock management, chartering, vessel vetting, transit risk, and limit monitoring. Established independent, on-the-ground inspection and assurance programmes spanning warehouses, vaults, refineries, terminals, tank farms, caverns, and floating storage. Chaired the Physical Commodities Committee and provided senior technical input into new products, structured transactions, and credit and market risk governance. Produced complex risk case studies to inform policy evolution and respond to market events. Designed and implemented the bank’s global climate risk framework for physical commodities, including vulnerability assessment and the impact of climate risk on storage and inspection strategies. Certified Material Risk Taker under the PRA and MAS accountability frameworks.

Group Insurance Risk Manager

ED&F Man • Fulltime

Jan 2006 - May 2011 • 5 yrs 4 mos

Responsible for the structuring of insurance risk transfer programmes, captive management, and internal risk frameworks across the Agriculture and Liquid divisions, covering sugar, coffee, cocoa, molasses, alcohols, biofuels, and fish oil. Directed warehouse and terminal inspection programmes and managed complex insurance claims arising from physical loss, damage, and operational incidents.