Peter Went most recently was at CLS Bank International, a cash settlement system for the global FX market. He was responsible for its service that provides regulatory capital relief in the OTC FX derivatives space. Formerly he was also responsible for that bank’s currency expansion efforts to include additional emerging market currencies.
He has expertise leading complex, multi-year international financial projects partnering with central banks, regulators, financial infrastructures, and large international financial institutions. His experience also encompasses the development of trading strategies for FX, equities, and commodities, the strategic assessment of Tier 1 banks during the financial crisis, and the regulatory impact analysis of Basel III on banks and emerging markets.
As a globally recognized expert, he has participated in numerous webinars, seminars, and briefings with international audiences on topics ranging from financial regulation (Dodd-Frank Act, Basel III and EU capital regulation), quantitative analysis and modeling, to risk management.
As a member of Woodlands Bank’s Board of Directors, and the Chair of its Governance Committee, Went led the development of a risk-aware governance framework for the bank, which improved financial performance and increased credibility among investors and regulators.
Went distinguishes himself by his ability to quickly assess rapidly shifting business environments, break down ambiguities, and synthesize conflicting perspectives. He approaches multi-faceted business problems by focusing on the big picture to identify critical details, and proposing viable strategic alternatives. This is enhanced by his effective communication across various functional silos to build consensus.
Went earned a Ph.D. from the University of Nebraska, is a civilekonom from Stockholm School of Economics, and is a CFA charterholder. He has held academic appointments in finance at Bucknell University and the Central European University, and has lectured on risk management, and on the interaction between financial regulations and risk strategy, at University of Connecticut, Rutgers University, University of Chicago, The Wharton School, and New York University. He holds leadership roles at various for-profit and not-for-profit boards.
- Ph.D, University of Nebraska