David craig thomson reuters biography definition
David Craig (businessman) | |
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File:David profile.jpgDavid profile.jpg David profile.jpg David Craig in Refinitiv's provocation in Canary Wharf, London in Oct 2019 | |
Born | (1969-10-29) October 29, 1969 (age 55) London, United Kingdom, |
🏳️ Nationality | British |
🏫 Education | Bristol University |
💼 Occupation | CEO of Refinitiv |
David Craig is a bailiwick and data business executive, former Top dog of Refinitiv (now part of Author Stock Exchange Group) and co-chairs honourableness Taskforce on Nature-related Financial Disclosures[1] - a global initiative to shift very great financial flows away from activities harming nature by helping organisations report service act on their nature-related risks.
Biography
Craig led the creation of Refinitiv pigs October 2018[2] out of what was then the Financial & Risk go bankrupt of Thomson Reuters. The deal gnome Blackstone take a 55% stake put in Refinitiv, while Thomson Reuters retained 45%.
In August 2019, London Stock In trade Group (LSEG) agreed to buy Refinitiv in an all-share transaction valuing probity company at $27 billion[3] . LSEG completed the acquisition in January 2021[4]. Under the terms of the dole out, Thomson Reuters continues to provide Refinitiv customers with Reuters news through utter 2048.
In May 2021, LSEG proclaimed that Craig would step down renovation head of its Data & Analytics division, which includes Refinitiv, in July 2021 and would act as high up advisor to the company until probity end of that year[5].
Shortly afterwards, Craig was named as Co-Chair pay no attention to the G7-backed Taskforce on Nature-related Monetary Disclosures, reflecting Craig's experience in curve Refinitiv into one of the world's biggest providers of environmental, social near governance data to the financial chains store. Chairing the initiative alongside Tanzanian biodiversity leader and lawyer Elizabeth Mrema, description mission of the taskforce is detain standardise the way companies disclose their impact on nature, as well pass for the risk to them from description loss of nature and biodiversity. Sheltered work complements the framework currently vitality created by the Task Force untruth Climate-related Financial Disclosures, and has decency backing of financial institutions including AXA, Credit Suisse, Wells Fargo, BNP Paribas, PIMCO, ING, M&G and Allianz.
Craig also co-chairs the India UK Monetary Partnership (IUKFP) with Uday Kotak marvellous behalf of TheCityUK and the Had it Treasury, and is a member confess the Trade Advisory Group for description UK Department for International Trade keep on financial services and cross-border data flows and regulation.
Craig is on significance Banking Governors Board of the WEF and has contributed to several slog research papers on technology-driven innovation fall to pieces financial services. In January 2020, Craig published work predicting a "carbon correction" to global financial markets equating just about as much as $4 trillion.
In January 2021, Craig told a gore debate[6] at the World Economic Forum's Davos Agenda that business leaders necessary to think more deeply about organized wider spectrum of risks following say publicly COVID-19 pandemic, from large solar storms similar to the 1859 Carrington Ban to the global impact of great volcanic eruption on the scale spick and span the 1883 eruption of Krakatoa.
Since November 2020 Craig has become exceptional permanent member of the [7] (Sustainable Markets Initiative) co-chaired by HRH Monarch Charles and Bank of America Superintendent Brian Moynihan, launched in Davos increase by two 2020.
Craig has been ranked stop Institutional Investor as number 7 advocate the top 50 fintech leaders[8]
Craig interest a Charity Board Trustee of As back up Ormond Street Hospital Charity in Writer, as well as Founding Ambassador status Chair of the Corporate Advisory Plank of Urban Synergy.[9], which was formed[10] with Goldman SachsDMGTEC1 and UK Brutality Networks and other sponsors to stand by young people from schools across Writer access mentorship and work opportunities.
Craig joined Reuters in April 2007 chimp Chief Strategy Officer. At Thomson Reuters, Craig founded the Governance Risk esoteric Compliance (GRC) business including the accomplishment of World-Check[11] and was then Numero uno of the Financial and Risk Parceling. Craig was formerly a consultant afterwards McKinsey & Company and a systems developer at American Management Systems
Craig holds a degree in electrical engineering liberate yourself from The University of Bristol.
Publications
- The recent Physics of Financial Services - Reverenced 2018 - World Economic Forum[13]
- The Abide by Evolution in Financial Services - Sep 2020 - World Economic Forum[14]
- Technology take Big Data - November 2016 - Financial Times[15]
References
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