Peter Lacek

Background

About Peter Lacek

Peter has extensive experience in leading large scale policy and risk initiatives, and transformation projects with a focus on operational sustainability. He has worked in the USA, Australia and the EU, for a range of international companies headquartered in Asia, the USA, Australia and the EU. CITI Peter leads the Controls related components of Citi's Enterprise Risk Management Framework, and oversees Citi's Operational Risk Management framework, policies, and standards. In this context he is responsible for Citi's Global Issues Management Program, Lessons Learned Program, MCA, and the development of key tools that support them - including the Operational Risk Taxonomy, Controls Taxonomy, and Risk & Control Reference Library. Prior to this role, Peter was the Head of IA Global Internal Audit (IA) Methodology - the risk-based framework by which IA achieves its strategic aims and Charter responsibilities, while efficiently and effectively meeting or exceeding regulatory expectations, professional standards, and company objectives. As Citi IA's Global Head of Operations, Peter focused on advancing the department's strategic and operational initiatives, including regulatory/policy compliance, efficiency initiatives, process automation, technology rollouts, organization resilience, and regulatory examinations. MUFG At MUFG (which arose from the integration of Union Bank and The Bank of Tokyo - Mitsubishi UFJ in 2014), Peter was responsible for advancing audit best practices and audit methodology initiatives for the Americas; developing and directing the Internal Audit function's Quality Assurance strategy; and managing departmental operations, including departmental reporting. Peter was instrumental in the 2014 integration of MUFG's legacy IA functions, and in the development, rollout and ongoing maintenance of a revised internal audit methodology and operational framework. BDO Peter played a significant role in the development, implementation and maintenance of BDO’s revised proprietary global audit methodology and associated software. In addition to being instrumental in the methodology conversion in the U.S, Peter co-led the methodology rollout in Europe, Asia-Pacific, Central America and South America.