#78 Lutfey Siddiqi - Global Risk Management, and Diversity and Inclusion in Financial Institutions

The Wall Street Lab

Lutfey is a Visiting Professor-in-Practice (IDEAS - "Ranked #1 university-affiliated think-tank 2020") at LSE, the London School of Economics and Political Science, where he also is aMember of Scientific Advisory Board at the LSE Systemic Risk Centre. At LSE he is also Co-investigator of the Inclusion Initiative, a Former member of the LSE Court of Governors & Investment Committee.

He is also an Adjunct Professor at the National University of Singapore, where he also is part of the Advisory board of the Centre for Governance & Sustainability.

Furthermore, Lutfey is a Member of the Global Agenda Council or Global Future Council of the World Economic Forum. He is also a member of the Bretton Woods Committee and on several more boards.

Previously Lutfey was the Global Head of Emerging Markets (FX, Rates & Credit) and Founding Head of the Knowledge Network at UBS, where he also was a Sustainability Council & Opinion Leader. Before that, Lutfey was the Head of FX Distribution & Corporate Risk Advisory for Asia-Pacific at Barclays Capital and Head of FX Structuring at Deutsche Bank.

In this episode we explore the realm of global risk management and then deep dive into a key ingredient in making financial firms more resilient: inclusion and diversity. Lutfey takes his impressive vita as a baseline to talk about the changing understanding of risk in the context of a global financial institution. We go into leadership and inclusion frameworks firms and leaders can apply to have a more stable setting for risk management. We talk about the short term cost and obstacles of inclusion and diversity, and why it’s worth the initial trouble due to the sustained long term benefits. Lutfey gives advice on what to possibly anchor your career on in the next decade, how to prepare for a global leadership role, and other great tips for professional improvement.