Forward-Thinking Industry Leaders
With nearly a century of collective experience, Periculum’s leaders understand the intricacies of risk management and how to create responsible risk programmes. Expertise that spans the risk taxonomy — operational, strategic, reputational, financial, talent, and beyond — help you transform risk management into competitive advantage.
Christopher “Chris” Thackray is a Managing Director at Periculum Associates Limited with extensive experience advising companies on the development of risk management, from credit and liquidity risk, to strategic, operational and reputational risk. Chris is a trusted advisor to Boards and C-suite executives across a variety of industries and is a keen author of risk management publications.
Prior to joining Periculum, Chris led the Operational Risk Management practice within Deloitte’s US Risk Advisory firm, advancing the awareness and disciplines of risk management in industries such as auto, aviation, energy, financial services, and healthcare. In 2017, Chris’s practice was awarded Consultancy of the Year by Risk.net.
Chris started his career at General Electric Company (“GE”) working across various GE divisions within his 16 years at the company. He led risk management programmes across Europe, Asia and the US, assisting members of the GE Board and senior management teams across divisions in responding to various severe and catastrophic risk events.
Chris lives in Henley-on-Thames, Oxfordshire, UK with his wife (Catherine) and three children – Sophia (7 years), Noelle (4 years), and Winston (2 years).
Director (Non-Executive), Risk Advisory
Bill Bandon is a leading technology and operations lawyer and shared services and sourcing professional with over 30 years’ experience – both in-house and as a partner at global and regional US law firms. He has represented as external counsel, or as in-house counsel managed operations legal affairs for a broad range of companies in technology, financial services, utilities and healthcare, with a focus on global financial services.
He holds unique experience in:
- Multinational shared services
- Supplier and operational risk management
- Transitional services and integration agreements for divestitures and acquisitions
- Operational resilience
- Complex global IT and business process outsourcing, particularly for consumer and commercial lending
As the lead executive in-house counsel for technology and operations for General Electric’s (“GE”) financial services division GE Capital, Bill established GE Capital’s Global Center of Excellence for legal support of shared services, technology, sourcing and operations. He was responsible for the legal documentation for, and assisting in the design and formulation of, the third-party supplier management portions of the recovery and resolution plans for GE Capital as a systemically important financial institution (SIFI) under Dodd-Frank.
In addition, Bill personally led the information technology and transition services aspects of GE Capital’s divestiture of over $300 billion in businesses and assets around the world in over 120 major transactions.
Bill is a co-author of Emerging Technologies and the Law: Forms and Analysis, a two-volume treatise published by Law Journal Press. In 2017, he was part of the team that won the Innovation Award from the International Association for Contract & Commercial Management (IACCM), for GE Capital’s renegotiation and implementation of data center master agreements to support divestiture transitional services.
Senior Independent Advisor
In 2019, Joe became a Senior Independent Advisor to Periculum, leveraging his business-oriented approach and deep domain expertise in general management, finance, acquisition and divestitures, sourcing, and supplier/third-party risk management.
Prior to joining Periculum, Joe worked for General Electric (“GE”) beginning in 1977 as a member of its Financial Management Program and had a successful career spanning 40 years. He held a variety of audit and financial positions with increasing responsibility in GE’s Industrial and Financial Services businesses.
These roles included:
- Chief Financial Officer of two different GE Industrial businesses
- Chief Financial Officer & Deputy Managing Director of different GE Capital businesses
- Managing Director of GE Capital Bank Scandinavia, headquartered in Stockholm, Sweden. In this role Joe led the transformation of three separate FINCO’s into a single Branch based Bank Holding Company.
- Vice President & General Manager Global Supply Chain, a GE Global Banking Senior Management team position
- Vice President and General Manager Global Supply Chain and Supplier Risk Management, GE Capital, with a global Indirect and direct buy totaling $12B+ of goods and services; the indirect buy represented 40% of GE’s total.
During his tenure at Global Banking, it grew to over $300B in assets and delivered $56B in cumulative earnings & gains. Joe developed a global organization spanning 61 countries, integrated approximately 80 acquisitions, and managed the associated Transitional Service Agreements.
As the Vice President and General Manager Global Supply Chain and Supplier Risk Management for GE Capital, Joe fully architected and lead the implementation of GE Capital’s SIFI compliant Supplier Risk Program, which was deemed a best practice by The FED, Co-Founded a Regulatory Cohort comprised of 21 major financial institutions, lead all Transitional Service Agreement negotiations for the selloff of GE Capital, ~36 transitions totaling in excess of $200B; as well as post-sale service delivery.
After retiring from GE in 2017, Joe founded EEEP Consultancy, leveraging his reputation as a respected global executive with high integrity and energy well-versed in leading multi-country business teams, industry forums, and interactions with regulators across 61 countries.