Richard Settle

Chief Risk Officer

Richard is the Chief Risk Officer for Euroclear UK & Ireland and is a senior risk professional with over 25 years of Financial, Non-Financial, Risk and Audit experience at Top-Tier London Firms. Richard has worked in all 3 Lines of Defence during his career and was originally a Chartered Accountant with Deloittes.

Richard moved from External into Internal Audit then Credit and Operational Risk roles in Banking. He was the former Chief Risk Officer for Deutsche Bank’s Global Securities Services businesses and Institutional Cash and Securities Services Businesses (including the Agency Securities Lending and Issuer and Trust Businesses), managing Risk globally across 33 countries.

He was also the former Head of Risk at Shanghai Pudong Bank London (SMF4 registered) and has held senior Risk positions at Credit Suisse, UBS and latterly Citi, where he was in charge of the Western European FI Credit portfolio and helped Citi successfully navigate its European credit risk through the Banking crisis.

Richard was also a member of the Six X-Clear CCP Risk Committee in Zurich from 2013-2017.