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GRS GROUP LAUNCHES GRC, A NEW FORCE IN RISK CONSULTANCY

GRS GROUP LAUNCHES GRC, A NEW FORCE IN RISK CONSULTANCY

Today sees the unveiling of Global Resource Consulting Limited (GRC), a new force in risk consultancy.

GRC is part of GRS Group, the specialist risk executive search consultancy, and will be headed up by Richard Lumley. Lumley joins GRS Group from CIFG where he was Director, European Structured Finance. CIFG Europe is part of CIFG Holding Ltd. a group of financial guaranty companies owned by the banking groups of Banque Populaire and Caisse dEpargne

Richard has previously held a number of senior risk management positions at Rabobank International, HBOS, ABN Amro, and Merrill Lynch. He is a qualified chartered accountant and a graduate of the London Business School.

GRC will focus on complex risk management projects across credit, market and operational risk for a range of financial institutions. Among the services offered will be advisory work on counterparty and structured credit risk management, reporting and analysis.

A close affiliation with GRS Interim will provide clients with convenient access to a talent pool with which to resource and lead risk projects. With expertise being drawn from industry leaders and best practice, GRC will provide clients the assurance that they are working with a team that understands their business issues and can help fulfil their goals.

Ken Brotherston, chief executive of GRS Group said: We are constantly looking to provide our clients with better and more wide-ranging services and GRC will enable us to offer our clients a comprehensive risk consulting service. GRC will operate independently from our existing executive search operations although it will utilise the resourcing and project management skills of our established Interim business as required.

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