Virtual Event: Threat Detection and Incident Response Summit - Watch Sessions
Connect with us

Hi, what are you looking for?


Management & Strategy

Bloomberg Creates Role of Chief Risk & Compliance Officer

Business and financial information and news giant Bloomberg L.P., announced on Thursday that has created a new role carrying the title of Chief Risk and Compliance Officer.

Business and financial information and news giant Bloomberg L.P., announced on Thursday that has created a new role carrying the title of Chief Risk and Compliance Officer.

New York, NY-based Bloomberg said Paul Wood has taken the position of Chief Risk and Compliance Officer and will be tasked with overseeing all risk, corporate compliance, client data security, and security globally.

Wood will report directly to Bloomberg CEO and President, Daniel Doctoroff.

“This newly created role centralizes existing functions responsible for identifying and managing risk and compliance across all Bloomberg businesses and regions,” the company said in a statement.

“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,” the statement continued. “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.”

“The appointment of a chief risk and compliance officer is a key step in our drive to set new industry standards in effectively managing and monitoring risk, compliance and information,” Doctoroff said.

Wood most recently served as Chief Information Security officer of investment management firm Bridgewater Associates. Previously, he was Group Chief Security Officer at Aviva, a global insurance company, where he oversaw the development and delivery of all aspects of information and physical security. He also served at UBS Investment Bank, where he was CSO for all areas of the Bank.

Advertisement. Scroll to continue reading.

Written By

Click to comment

Daily Briefing Newsletter

Subscribe to the SecurityWeek Email Briefing to stay informed on the latest threats, trends, and technology, along with insightful columns from industry experts.

SecurityWeek’s Threat Detection and Incident Response Summit brings together security practitioners from around the world to share war stories on breaches, APT attacks and threat intelligence.


Securityweek’s CISO Forum will address issues and challenges that are top of mind for today’s security leaders and what the future looks like as chief defenders of the enterprise.


Expert Insights

Related Content

Application Security

Cycode, a startup that provides solutions for protecting software source code, emerged from stealth mode on Tuesday with $4.6 million in seed funding.

CISO Strategy

SecurityWeek spoke with more than 300 cybersecurity experts to see what is bubbling beneath the surface, and examine how those evolving threats will present...

Management & Strategy

SecurityWeek examines how a layoff-induced influx of experienced professionals into the job seeker market is affecting or might affect, the skills gap and recruitment...

Risk Management

The supply chain threat is directly linked to attack surface management, but the supply chain must be known and understood before it can be...

CISO Conversations

In this issue of CISO Conversations we talk to two CISOs about solving the CISO/CIO conflict by combining the roles under one person.

CISO Strategy

Security professionals understand the need for resilience in their company’s security posture, but often fail to build their own psychological resilience to stress.

Management & Strategy

Industry professionals comment on the recent disruption of the Hive ransomware operation and its hacking by law enforcement.

CISO Strategy

Cybersecurity-related risk is a top concern, so boards need to know they have the proper oversight in place. Even as first-timers, successful CISOs make...