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Soubhagya Parija

Lecturer; VP and CRO, FirstEnergy

Soubhagya Parija is currently the Vice President and Chief Risk Officer at FirstEnergy, one of the nation's largest investor-owned electric systems, serving customers in Ohio, Pennsylvania, New Jersey, West Virginia, Maryland and New York.

Soubhagya has decades of risk, compliance, and governance experience and is a former board member of the Risk & Insurance Management Society (RIMS), a global risk management organization. He also served as senior vice president and chief risk officer at the New York Power Authority, the nation's largest state-owned utility from 2015-2021 where he successfully ran enterprise risk, operational risk, risk analytics and insurance programs.

Previously, Soubhagya served as director, risk strategy for Walmart, where he built and implemented an enterprise-wide regulatory compliance risk management program for the company's international division. He also was director, enterprise risk, at Akron, Ohio-based Signet Jewelers, the world's largest specialty jewelry retailer, where he designed and built an enterprise-risk management program from the ground up. At Duke Energy, he served as director, enterprise risk and portfolio analysis, working his way up after being recruited as a management trainee.

Soubhagya enjoys sharing his knowledge and experience with students trying to build a career in risk management.

Education

  • M.Econ., Jawaharlal Nehru University, India
  • M.B.A., Kelley School of Business, Indiana University