Bloomberg L.P. today this month that it has named Paul Wood as its Chief Risk and Compliance Officer. He will oversee all risk, corporate compliance, client data security, and security globally and report to Daniel L. Doctoroff, Bloomberg L.P.’s Chief Executive Officer and President.
This newly created role centralizes existing functions responsible for identifying and managing risk and compliance across all Bloomberg businesses and regions. As the new Chief Risk and Compliance Officer, Mr. Wood will work closely with senior executives and the Board to identify, propose and implement enhancements to the management and monitoring of risk, compliance and information and physical security. Mr. Wood also will work closely with other company stakeholders and external parties, as appropriate, to manage and resolve risk, compliance and information-related issues.