Thomas Obermaier

Chief Executive Officer, RDC

Thomas Obermaier

Chief Executive Officer, RDC

Biography

Prior to joining RDC, he was the Chief Risk Officer for Citigroup’s Global Transaction Services, a wholesale supplier of banking, security and risk services to financial institutions, governments and corporate clients worldwide. As CRO, he was responsible for all risk – including credit, market, operations, liquidity, and regulatory. He managed $1.6 trillion in risk positions daily spread across 104 countries. He was also a member of the Management Committee, whose leadership drove revenue growth from $1.7 billion when he joined to over $10.8 billion when he joined RDC.

Mr. Obermaier is an internationally recognized expert on risk matters, particularly regulatory risk and systemic issues surrounding payments and securities settlements. A founding member of the international regulatory council, the Wolfsberg Group, Mr. Obermaier was one of the industry’s first advocates of extending risk management fundamentals to the regulatory compliance arena. A well-regarded risk expert in the anti-money laundering field, he has designed global compliance systems premised on risk management fundamentals.

Prior to joining Citi, Mr. Obermaier was the Chief Risk Officer for Deutsche Bank’s Global Transaction Bank. He also served as the Chief Operating Officer of its Cash Management business, spearheading the Company’s venture into e-business solutions such as mobile telephone payment capabilities. Before Deutsche, Mr. Obermaier was the Global Head of Anti-Money Laundering Compliance at Bankers Trust Company. Previous to that, he was a white collar criminal defense lawyer at the international law firm Skadden Arps. Mr. Obermaier has also held a number of positions with the United States Government.

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