Charles Taylor is Director, Operational Risk at the Risk Management Association in Philadelphia, an association of financial professionals and institutions dedicated to improving risk management worldwide. Until early 2002, Mr. Taylor was Managing Director Strategy Development at the Depository Trust & Clearing Corporation in New York, where he was a member of the senior management team. Before that, he was head of the global risk management at Andersen Consulting, where he led marketing, knowledge-sharing, and product development as well as working with US and international clients. As Executive Director of the Group of Thirty in the first half of the 1990s, he authored several public policy studies, spoke widely and advised government and industry. Mr. Taylor began his career at the World Bank as a country economist after graduating from Oxford University with an M Phil. in economics. He also has a first in mathematics from Cambridge, England and an MBA from Wharton, Pennsylvania.Mr. Taylor is on the Advisory Boards of the Centre for the Study of Financial Innovation, London and Central Banking, also in London and is a member of Women in Housing and Finance, the National Economists Club and the Global Association of Risk Professionals in Washington DC.Mr. Taylor has published widely on economics and risk, most recently in the American Banker, the RMA Journal and with the CSFI on Basel II, the international regulatory initiative to align capital requirements for banks with their risks.