Arno is the leader of our Risk Practice in Europe. He works with a broad range of clients in banking, insurance, oil and gas, and energy. He also provides targeted support on risk topics to telecommunications and logistics organizations.
Arno’s recent work includes the establishment of a new approach to enterprise risk management (ERM) at a major oil company, the development of new approaches to originate electricity or fuel positions at an energy company, the mitigation of actual bank failure and an improved approach to regulatory compliance for a financial institution, and adaptation of Solvency II rules for an insurer. Other projects involved the redefinition of a European postal company’s risk-mitigation program and the setup of an ERM function for a leading telecom player. He has also led a benchmarking initiative on electricity and commodities trading for European utilities and helped an energy company design and implement an asset hedging program.
Arno is based in Frankfurt; he joined McKinsey in 1993. He holds a masters degree and a PhD, both in finance and economics, from the University of Bonn, where his major areas of study included game theory and statistics.
“Risk modeling in a new paradigm: Developing new insight and foresight on structural risk” (PDF–568 KB), McKinsey Working Papers on Risk, May 2011
“Getting risk ownership right” (PDF–460 KB), McKinsey Working Papers on Risk, November 2010
“The real risks of credit derivatives,,” McKinsey Quarterly, February 2010
|University of Bonn
||Masters and PhD in finance and economics