Topic: Risk Management

Peter Crolla

Working with the Haas F1 Team since 2015, Peter Crolla has established himself as a dedicated and highly collaborative Team Manager operating at the pinnacle of world motorsport. He is responsible for the day-to-day operational management of America’s only Formula 1 team and has helped to establish its reputation as a strong challenger.

After obtaining a Higher National Diploma in Motorsports Engineering & Management at the University of Central Lancashire, Peter went on to complete a Bachelor of Engineering in Motorsports Operations in 2004.

Peter first worked with Team Dynamics in the British Touring Car Championship as a Design Engineer, later moving to Fortec Motorsport to work as a Race Engineer on their British Formula 3 team. Peter subsequently started the Fortec Renault World Series Team where he was Team Manager from 2007 to 2010.

In 2010 Peter rejoined Team Dynamics where he was Team Manager for four years. Supported by Honda UK and running under the Honda Racing Team banner, Team Dynamics won several BTCC championships during Peter’s tenure. They also obtained the Teamwork award at the MIA Business Excellence Awards in 2013.

Peter then spent two years as a Team Leader for the legendary McLaren Racing Formula 1 team, working with World Champions Jenson Button and Fernando Alonso. He joined the Haas F1 Team in 2015, prior to their World Championship debut in 2016. Playing an integral role in establishing the team’s operations in Banbury, UK, Peter helped to launch Haas as the first American team on the Formula 1 grid in over three decades.

After finishing 8th in both the 2016 and 2017 World Constructors' Championships, the 2018 season saw major progress for the team. With Peter as Team Manager, Haas came 5th in the World Constructors' Championship and were also able to pick up back-to-back fastest laps at the Singapore Grand Prix in 2018 and 2019.

Kevin Magnussen’s return to Haas in 2022 brought an excellent P5 finish during the opening race of the season. The team then went on to take their maiden pole position at the 2022 Brazilian Grand Prix, an extraordinary achievement for an independent team competing against some of the world’s major automotive manufacturers.

As Team Manager, Peter’s role involves dealing with the FIA on all sporting matters and having an encyclopedic knowledge of the sport's rules and regulations to ensure the whole team is compliant and legal.

During a Grand Prix, Peter can be found working alongside Team Principal Guenther Steiner on the pit wall. He has also played a key role in achieving the Haas F1 Team’s environmental sustainability goals, securing FIA Three-Star Environmental Accreditation ahead of the 2023 season.

Claire Williams

Claire Williams OBE led the Williams Formula 1 racing team until 2020, in which role she was one of only two women to head a Formula 1 team in the modern era. Under her leadership Williams finished 3rd in the World Championship for Constructors in 2014 and 2015, the team's best performance since 2003.

Today she is a global Brand Ambassador for WAE Technologies, previously known as Williams Advanced Engineering, which focuses on the decarbonisation of heavy transport through the development of advanced, sustainable, green technologies.

Her late father, Sir Frank Williams, was the founder of the Williams Grand Prix Engineering F1 team, winning nine Constructors’ Championships and seven Drivers’ Championships.

Claire graduated from Newcastle University with a degree in Politics in 1999 prior to starting her career as a Press Officer for Silverstone Circuit. In 2002, she joined the Williams team as Communications Officer, rising to become Head of Communications and Head of Investor Relations before being appointed Commercial Director in 2012.

When Frank Williams stepped down later that year, Claire became the Williams family representative on the company’s board. In March 2013 she became Deputy Team Principal, the de facto team leader responsible for the development and day-to- day running of the team. Sir Frank Williams retained the Team Principal title in recognition of his founding role and a lifetime of dedication to Williams Racing.

Claire has been among the most prominent and successful women in recent Formula 1 history. After taking the team to successive third places in the Constructors’ Championships in just her second and third years in charge, Claire maintained the team’s prominence with top 5 finishes in 2016 and 2017.

During her tenure, Claire was a keen advocate for greater diversity and inclusion within Williams Racing and across the sport as a whole. She acted as the catalyst to give Susie Wolff the chance to become the first female racing driver to participate in a Formula 1 race weekend since 1992.

As Vice President of the Spinal Injuries Association, Claire also sought to encourage spinal cord injured individuals into the team and established workplace opportunities for wheelchair users. In April 2023 she launched the Sir Frank Williams Academy which aims to provide life changing care for spinal cord injured people, a charitable initiative which has received support from the Williams Racing team.

Since successfully negotiating the sale of the Williams F1 team in 2020 Claire has provided consultancy services to brands entering Formula 1 and is a popular speaker at corporate events where she shares insights on leading high performing teams. She was appointed an Officer of the Order of the British Empire (OBE) in the Queen’s 2016 Birthday Honours List in recognition of her services to Formula One.

Robin Horsfall

Robin Horsfall has led an amazing life. During his talks, attendees will discover fascinating stories from his extensive military career and how they relate to his underlying theme of overcoming adversity.

He was a boy soldier at fifteen, a paratrooper at seventeen and an SAS soldier at twenty-one. He fought in five wars as a front line soldier, was a Royal Marine Sniper and a top bodyguard. He was also one of the UK’s first Paramedics and ran clinics all over the world. He once built a medical centre in the centre of the Guyana Jungle, but there is more.

In 1992 he started to teach martial arts and for twenty years taught thousands of children karate in South West London building the largest independent children’s karate group in Europe. He broke his neck and while recovering went to Surrey University as a mature student (56) and graduated three years later.

He is currently active fighting for the Northern Ireland Veterans Movement a battle he has led for six years. He recently survived bladder cancer, writes books and now lives in South Wales. Robin is a great grandfather and has been married for forty years to his wife Heather. Robin condenses his considerable story into an hour and then allows time for questions.

Gabi Siboni

Gabi Siboni, director of the Military and Strategic Affairs Program and Cyber Security Program at INSS and editor of the journal Military and Strategic Affairs, joined the research team of the Institute for National Security Studies in 2005, complementing his wide-ranging activity in the realm of security and the military.

Colonel (ret.) Siboni served as a fighter and commander in the Golani Brigade and completed his service as the brigade’s reconnaissance unit commander. Within the scope of his reserve service, he served as the chief of staff of the Golani Brigade, and chief of staff of a division. He consults to the security establishment in a variety of fields.

In addition to his position at INSS, Dr. Siboni serves as a consultant in a wide range of fields, including: cyber and information systems; operational systems and military technology; risk management; water, energy and environmental engineering. He holds a B.Sc. and M.Sc. in engineering from Tel Aviv University and a Ph.D. in geographic information systems (GIS) fromBen-Gurion University of the Negev.

Lee Levy

Lee Levy is Founder and General Partner of Canid Asset Management LLC, a boutique asset management fund based in San Francisco offering a broad range of wealth management solutions. Launched in 2009, Canid successfully manages a liquid long/short equity portfolio that specializes in protecting investor capital during highly volatile markets using quantitative, fundamental & tactical investment approaches hedged with sophisticated option strategies. The firm posted 2013 returns 2000 bps greater than Hedge Fund Indices.

With more than eighteen years of professional investment and risk management experience, Lee is a seasoned and accomplished fund manager, having achieved high performance with low correlation to the Long/Short Hedge Fund Indices. In the height of the economic crisis, 2008 investor losses under Lee’s management were less than 4.98% vs. benchmark losses of 20 to 40%.

Prior to founding Canid Asset Management, from 2002 until 2008, Lee was Head of Trading, Operations & Risk Management at Pacific Edge Investment Management, a $400 million long/short value hedge fund, where he developed myriad stock selection models and disciplined investment strategies while trading stocks, options, convertible bonds and distressed debt. He managed the firm’s trading and research relationships with over 50 firms and acted as liaison between external and internal research, analysts and portfolio managers, handling infrastructure decisions including evaluation and selection of prime brokers, execution brokers, trading systems, platforms, soft dollars, best execution and other fiduciary responsibilities for the firm’s domestic and offshore funds.

From 1999 to 2001, Lee was Senior Trader and Risk Manager at Bowman Capital Management, a US$6billion long/short growth hedge fund complex, where he was responsible for trading international shares, educating portfolio managers and analysts on the differences in trading in various international markets vs. domestic markets, and implementing execution and risk management strategies. During his time at Bowman, Lee traded U.S. and international equities and equity options and evaluated capital structure arbitrage opportunities.

Prior to Bowman, Lee held key roles at Robertson Stephens, Piper Jaffrey and Refco International, trading a wide array of hedging products, futures, OTC equities and testing mechanical trading strategies.

Lee conducted his MBA coursework at the Carlson School of Business at the University of Minnesota (1998) and a in BA in Economics and International Relations from The American University (1993).

He is a frequent speaker on behavioural finance and investing, and lectures at various business schools including the Haas School of Business at the University of California-Berkeley.

Mark Gallagher

During the course of a 30-year career Mark Gallagher has held senior roles in the high-performance environment of Formula 1 motor racing. Today he is an author, broadcaster and industry analyst who continues to work with drivers and teams at the forefront of this global sport. He is also a renowned public speaker and since 1998 has provided keynote presentations and insights to organisations worldwide.

Mark’s executive management career in Formula 1 included more than a decade on the management board of the successful Jordan Grand Prix team, running the world-famous Cosworth engine business and helping establish the commercial arm of Red Bull Racing.

Mark has been a member of the technical working groups within the sport’s governing body, the FIA, tasked with tackling challenges including environmental sustainability and safety, the latter being central to the sport’s regulatory environment. He spent two years working on the energy efficiency regulations adopted by Formula 1 in 2014.

His expertise covers the commercial and operational management of Formula 1 teams, and includes the sport’s regulatory, business and technology landscape. Since 1994 he has introduced some of the world’s leading technology companies to the sport, playing a key role in the digital transformation of Formula 1.

Mark’s career in Formula One commenced in 1983, working in media and communications before joining the start-up Jordan Grand Prix team in 1990. Mark joined the management board of Jordan in 1998, the team challenging for the World Championship in 1999.

In 2004 he was invited to join the Jaguar Racing organisation as it transitioned into becoming Red Bull Racing. In 2010 Mark was appointed head of the world-famous Cosworth Formula 1 engine company, supplying one-third of the teams in Formula 1 with engines and associated technologies.

Beyond Formula 1 Mark was the co-founder and owner of Status Grand Prix, competing in lower formulae and international sports cars racing.

Since 2012 Mark has focused on his Formula 1 consulting business, Performance Insights, working with a range of clients across the sport. He is also a columnist, feature writer and broadcaster for GP Racing Magazine and Autosport, part of the global Motorsport Network.

He has published three books, Grand Prix - The Last 25 Years (WH Smith, 1999) and two editions of The Business of Winning (Kogan Page, 2014) with a fully revised, 2nd edition published on 3rd October 2021. His fourth book The Future Business Formula, co- authored with business coach Adrian Stalham, will be published in May 2023. Mark also collaborated with David Coulthard on his Sunday Times Best Seller The Winning Formula (Blink Publishing, 2018). Between 2005 and 2010 Mark was a consultant to Pixar on its CARS and CARS 2 movies.

Steve Hanke

Steve H. Hanke is a professor of applied economics and founder and codirector of the Institute for Applied Economics, Global Health, and the Study of Business Enterprise at the Johns Hopkins University in Baltimore.

Hanke is a senior fellow at the Independent Institute in Oakland, California, a senior adviser at the Renmin University of China’s International Monetary Research Institute in Beijing, and a special counselor to the Center for Financial Stability in New York. Hanke is also a contributing editor at Central Banking in London and a contributor at National Review. In addition, Hanke is a member of the Charter Council of the Society for Economic Measurement.

In the past, Hanke taught economics at the Colorado School of Mines and at the University of California, Berkeley. He served as a member of the Governor’s Council of Economic Advisers in Maryland in 1976– 77, as a senior economist on President Reagan’s Council of Economic Advisers in 1981–82, and as a senior adviser to the Joint Economic Committee of the U.S. Congress in 1984–88. Hanke served as a state counselor to both the Republic of Lithuania in 1994–96 and the Republic of Montenegro in 1999–2003. He was also an adviser to the presidents of Bulgaria in 1997–2002, Venezuela in 1995–96, and Indonesia in 1998. He played an important role in establishing new currency regimes in Argentina, Estonia, Bulgaria, Bosnia‐Herzegovina, Ecuador, Lithuania, and Montenegro. Hanke has also held senior appointments in the governments of many other countries, including Albania, Kazakhstan, the United Arab Emirates, and Yugoslavia.

Hanke has been awarded honorary doctorate degrees by the Universidad San Francisco de Quito (2003), the Free University of Tbilisi (2010), Istanbul Kültür University (2012), the Bulgarian Academy of Sciences (2013), Varna Free University (2015), the Universität Liechtenstein (2017), and the D.A. Tsenov Academy of Economics (2018) in recognition of his scholarship on exchange‐rate regimes. He is a distinguished associate of the International Atlantic Economic Society, a distinguished professor at the Universitas Pelita Harapan in Jakarta, Indonesia, a professor asociado (the highest honor awarded to international experts of acknowledged competence) at the Universidad del Azuay in Cuenca, Ecuador, a profesor visitante at the Universidad Peruana de Ciencias Aplicadas (the UPC’s highest academic honor), and the Gottfried von Haberler Professor at the European Center of Austrian Economics Foundation in Liechtenstein. In 1998, he was named one of the 25 most influential people in the world by World Trade Magazine. In 2020, Hanke was named a Knight of the Order of the Flag.

Hanke is a well‐known currency and commodity trader. Currently, he serves as chairman of the Supervisory Board of Advanced Metallurgical Group N.V. in Amsterdam and chairman emeritus of the Friedberg Mercantile Group Inc. in Toronto. During the 1990s, he served as president of Toronto Trust Argentina in Buenos Aires, the world’s best‐performing emerging market mutual fund in 1995.

Hanke’s most recent books are Currency Boards: Volume 1. Theory and Policy (2020), Currency Boards: Volume 2. Studies on Selected European Countries (2020), Currency Boards for Developing Countries: A Handbook (2021), Public Debt Sustainability: International Perspectives (2022), and The Hong Kong Linked Rate Mechanism: Monetary Lessons for Economic Development (2022).

Hanke received his B.S. in Business Administration (1964) and his Ph.D. in Economics (1969), both from the University of Colorado Boulder.

Hanke and his wife, Liliane, reside in Baltimore and Paris.