Dr. Peter Gassmann is a leading expert in the financial services industry, based in Frankfurt and Dusseldorf. He has successfully led numerous high-profile client engagements across Europe, the Middle East, and the Americas.

Peter Gassmann is author and co-author of many PwC and Strategy& publications, and a regular speaker at international forums of the financial community.

Prior to joining Strategy&, Peter Gassmann was an Executive and Divisional Board Member of the risk department with a leading European bank. He started his professional career at one of the leading investment banks in London in the area of foreign exchange (FX) options. In addition he was the vice chairman of the supervisory board of a local real estate bank and a member of national and international banking associations.

Recent client work

• Design of risk and finance functions for financial institutions, including risk strategy, governance, and operating model, as well as IT architecture
• Alignment of business strategy, risk appetite, and risk culture
• Business transformation of a leading financial institution
• Large-scale banking stability programs with central banks in Europe and Middle East
• Development and implementation of innovative stress testing frameworks
• Optimization of credit risk management organizations and processes
• Introduction of internal models for market risk, liquidity, and treasury management
• Redesign of trading operations including interface to front office, back office, and accounting
• Review and definition of strategy and target organization for a leading Islamic bank
• Pre-merger and post-merger integrations with leading banks and financial service providers