Press Room
John Kapitan Joins ERisk as Vice President of Bank Consulting
Monday, October 21, 2002
NEW YORK, NY -- ERisk, the leading provider of risk and capital management solutions, announced today that it has named John Kapitan to the newly formed position of Vice President of Bank Consulting. As the latest addition to ERisk's growing consulting and solutions business, Mr. Kapitan will work closely with ERisk's banking industry clients to help them realize the full value of ERisk's leading-edge risk and capital analytics.
"We are very fortunate to have John join our team of talented and dedicated risk management experts. John is an innovator in the application of sophisticated analytics and techniques in helping senior executives better manage their banking organizations. John's specialization in the areas of risk-adjusted profitability measurement, shareholder value metrics, value-based incentives, and strategic planning will directly benefit ERisk's customers," stated ERisk President Kerry Williams.
Prior to joining ERisk, Mr. Kapitan worked as senior vice president in the financial institutions practice at Stern Stewart & Company. Kapitan was responsible for the development and marketing of the firm's performance measurement and incentive compensation solutions for financial institutions in North America, Europe, and Australia. John has been a featured speaker at many profitability and risk management conferences and events. Prior to joining Stern Stewart, Mr. Kapitan held various financial management positions in the publishing industry.
According to Peter Nakada, ERisk's Global Head of Consulting, "John's hire fills out our vision of being a full service provider of risk and capital management solutions. In this business, it is not enough to have the best analytics, you need consulting to help clients understand how to use them effectively. John's experience with shareholder value-based metrics positions him perfectly to help our clients move from quantitative insights to tangible improvements in performance. ERisk's clients are now in a position to leverage John's significant experience in how to best plan, integrate, and deploy economic capital models into their capital budgeting, planning, and goal-setting procedures."
Mr. Kapitan holds an MBA from the University of Rochester and a Bachelor of Arts from Rutgers University.
About ERisk ERisk is a full-service provider of strategic risk management solutions, including economic capital analytics, consulting, risk transfer advisory and the ERisk.com portal. ERisk helps financial services organizations, property & casualty insurers, energy companies and non-financial corporations transform risk management processes to increase management effectiveness, reduce losses and increase shareholder value. For more information about all ERisk's offerings, please visit the ERisk website at www.erisk.com.
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Press Contact Tony Marcos
ERisk
(917) 522-1619 tmarcos@erisk.com
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