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SEC names its first chief risk officer

Jaclyn Jaeger | March 1, 2019

The Securities and Exchange Commission has named its first ever chief risk officer. The position, to be held Gabriel Benincasa, was created by SEC Chairman Jay Clayton to strengthen the agency’s risk management and cyber-security efforts.

As chief risk officer, Benincasa will coordinate the SEC’s continued efforts to identify, monitor, and mitigate key risks facing the Commission. Working within the SEC’s Office of the Chief Operating Officer, he will also serve as a key adviser on other matters related to enterprise risks and controls.

Julie Erhardt, who had been serving as acting chief risk officer while the SEC completed its recruitment efforts, will return to her role as deputy chief accountant for technology and innovation in the Commission’s Office of the Chief Accountant.

Benincasa brings to the SEC significant experience in senior-leadership roles in risk and compliance in the...

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