John-Paul Monck
John-Paul Monck
SME Bank, University of Sydney, University of New South Wales CEO, Adjunct Professor, Adjunct Professor, respectively.
JP Monck is an experienced Chief Risk Officer, Chief Executive Officer and accounting, economics and finance academic at University of New South Wales and University of Sydney. Specialising in all aspects of banking risk management, financial economics and governance, JP has served major banks, regulators, firms and people throughout Australia, China, the United States, and Asia. With a passion for innovation, meritocracy, and positive social change, JP strives to break down the barriers that hold back progress in both academia and industry. As a Solicitor and a former banking regulator at the Australian Prudential Regulation Authority (APRA), JP has accumulated a unique breadth of experience and understanding of governance and management challenges, and has been on both sides of the fence. This enables him to lead with careful regard to how we do what we do, not just what and why.
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Related Sessions
Finance Industry Emergency: A Threat To Our Future
WED, OCT 18, 10:30 AM
Conference
The Finance Industry is the largest industry on earth. Trebling in size since 1983, it now accounts for 25% of Global GDP and reaches 78% of humanity - but it serves just 1%.
There's no evidence to suggest that the growth of the finance industry has grown the broader economy, but, alarmingly, plenty that suggests it extracts rent from it.
In this session we'll discuss the unique characteristics and conflicts present in the finance industry that go together to make it one of society's most damaging. We'll discuss the unsustainable growth of its contribution to global wealth inequality, look at where and how finance went wrong, the cataclysmic effect it has on society, and, discuss possible solutions.
Providing a new perspective on sustainability to a world determined to fix climate, our panelists pose the question; what's the point of fixing climate for the future if only a few of us can afford to live there?
