Dr Simon Ashby - ()
Dr Simon Ashby is Associate Professor of Financial Services at the Plymouth Business School (www.plymouth.ac.uk/business). Prior to this he worked as a financial regulator (writing policy on risk management for the UK Financial Services Authority) and a senior risk manager in a number of top UK financial institutions (covering both credit and operational risk). Simon has a PhD in corporate risk management and has published many academic papers and reports on risk, financial services regulation, banking and insurance. His current research interests include the global financial crisis, the Basel III and Solvency II regulatory reforms and risk management concepts such as risk culture and risk appetite.
Simon remains actively involved in the UK financial services sector and is a regular speaker at industry conferences and seminars. He also provides occasional training and consultancy services to financial institutions and their regulators. Simon is a Fellow and Chairman of the Institute of Operational Risk (www.ior-institute.org) and a Senior Research Fellow at the Centre for Risk, Banking and Financial Services at the University of Nottingham.
Qualifications & background
Roles on external bodies
Staff serving as external examiners
UoP Research group membershipCentre for Maritime Logistics, Economics and Finance (CEMLEF)
Research Centre for Sustainable Leadership, Governance and Policy (SLGP)
Grants & contracts
April 2012 – March 2013, Risk Culture in Financial Organisations, ESRC Co-Investment Pilot Project (£125,000). In association wth Professor Mike Power and Dr Tommaso Palermo at the London School of Economics.
April 2009 - Feb 2010, The Financial Crisis Learning the Risk Management Lessons, Financial Services Research Forum (£15,000)
Publications (2014) “When an irresistible force meets an immovable object: The interplay of Agency and Structure in the UK Financial Crisis” (Peters, L., and Devlin, J) Journal of Business Research, Vol 67, No. 1, pp2671-2683. (2011) “Risk Management and the Global Banking Crisis: Lessons for Insurance Solvency Regulation” Geneva Papers on Risk and Insurance: Issues and Practice, Vol 36, No. 3.
(2014) “When an irresistible force meets an immovable object: The interplay of Agency and Structure in the UK Financial Crisis” (Peters, L., and Devlin, J) Journal of Business Research, Vol 67, No. 1, pp2671-2683.
(2011) “Risk Management and the Global Banking Crisis: Lessons for Insurance Solvency Regulation” Geneva Papers on Risk and Insurance: Issues and Practice, Vol 36, No. 3.
(2004) Workplace Risk, Establishment Size and Union Density (with P Fenn) British Journal of Industrial Relations, Vol 42, No 3.
(2003) Industry Self Regulation: A Strategic Perspective on Voluntary Compliance (with S Chuah & R Hoffmann) International Journal of the Economics of Business, Vol 11, No 1
(2003) New Trends in Operational Risk Insurance for Banks (with B Young) Advances in Operational Risk Management: Firm-Wide Issues for Financial Institutions 2nd Edition, Risk Books.
(2003) Lessons About Risk: Analysing the Causal Chain of Insurance Company Failure (with P Sharma & W McDonnell) Journal of Insurance Research and Practice, Vol 18, No 2.
(2001) New Trends in Operational Risk Insurance for Banks (with B Young) Global Reinsurance, October.
(2001) Insurance as a Mitigant for Operational Risk (with B Young) Advances in Operational Risk Management: Firm-Wide Issues for Financial Institutions, Risk Books.
Reports & invited lectures
Ashby, S. and Diacon, S. (2010), “Risk Appetite in Theory and Practice”, 4th European Risk Conference: Perspectives in Risk Management: Accounting Governance and Internal Control, 13th-15th September 2010, Nottingham.
Ashby, S. (2010), “Breaking the Hegemony of Regulatory Capital”, 32nd UK Insurance Economists Conference, 21st-22nd April 2010, University of Nottingham, Centre for Risk and Insurance Studies.
Power, M. Ashby, S. and Palermo, T. (2013) Risk Culture in Financial Organisations: Final Report, Financial Services Knowledge Transfer Network, London.
Ashby, S. (2011) Picking up the Pieces: Risk Management in a Post Crisis World Recommendations for Financial Institutions and their Regulators, Financial Services Research Forum, University of Nottingham and Financial Services Knowledge Transfer Network.
Ashby, S. (2011) The Future of UK Banking following the Financial Crisis: A Response from the Financial Services Research Forum to the Independent Commission on Banking September 2010 Issues Paper, Financial Services Research Forum, University of Nottingham.
Ashby, S. (2010) The 2007-09 Financial Crisis: Learning the Risk Management Lessons, Financial Services Research Forum, University of Nottingham.