Speakers

Speakers

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Subas Roy

Senior partner

Oliver Wyman & global chairman, International RegTech Association

Subas is a senior Partner in Oliver Wyman with 23 years of strategic consulting experience in Banking and Financial Services inorganic growth, digital innovation and digital transformation. He has led and designed Digital Innovation, Regulatory and Financial Inclusion strategies for multiple central banks and regulators across Western Europe, North America and Asia Pacific regions. 

Subas currently runs a growing management consulting business in Oliver Wyman with 24 revenue generating Partners and another ~120 consultants with YoY global revenue of ~$130MM focusing on (a) digital strategy and acceleration including market infrastructure reorganisation; (b) digitalization of risk and regulatory compliance in banks and regulators; and (c) cost optimization across 3LoDs in tier-1 banks and FIs including corporate finance advisory for buyout and other strategic options.

Prior to Oliver Wyman, Subas was a senior Partner at two Big4 Professional Services (2011-2017 at Ernst & Young, and 2005-2010 at PricewaterhouseCoopers) responsible for developing global strategy advisory practice for Banking transformation fueled by disruption and technological advancement, supported with proper people and process strategies, and how to deliver an accelerated digital change, ethically and responsibly in a growing, emerging economy. In Thailand, he led digital banking transformation for 2 of the top 3 Banks head quartered in Bangkok over a period of 4 years.

Subas is also the Founder and currently non-executive Global Chairman of the International RegTech Association (IRTA), a premier non-profit association representing the RegTech firms, central banks/regulators, and innovators in ~30 countries.

Previously he has held External Advisory Board appointments to the United Nations Capital Development Fund (UNCDF) on two digital innovation missions in South-east Asia, including creating a digital identify platform in Nepal and helping the Ministry of Electronics and Information Technology of India to develop a digital identification platform (Aadhar) for 1.3BN Indian citizens.

Subas has also held international Expert Panel chair and member roles at the Harvard University Kennedy School of Business and Government on public policies, the Gates Foundation, and the United Kingdom FinTech Innovation Committee under the rules of the Her Majesty’s Treasury (HMT) division. 

Jacob Kosoff

Head of Model Risk Management and Validation

Regions Bank

Jacob Kosoff is the Head of Model Risk Management and Validation (MRMV) at Regions Bank, serving in this role since May 2014.  Jacob has held roles in model development, credit review and model risk management at Genesis Analytics, Freddie Mac & PNC prior to joining Regions. 

Jacob serves on the Alabama Commission on Artificial Intelligence and Associated Technologies, an appointment he received from the Governor of Alabama.  Jacob also serves as a member of the Board of Directors of the Levite Jewish Community Center and as a member of the CEO Search Committee for the Birmingham Jewish Federation.

Jacob was recently nominated by Regions Bank and selected by the Birmingham Business Journal as a Top 40 under 40 award recipient.  

Jacob has developed a strong and stable quantitative team that has benefited from under 10% annual external turnover over the past four years.  Jacob’s biggest accomplishment in his career has been in helping over 25 model risk management associates grow into other crucial roles at Regions that align with their career architecture plans and the banks’ needs.

The Regions model risk management and validation team is comprised of 44% female associates, up from 13% when he started in 2014.

Jacob is married Ilene Kosoff and they have three children.