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Climate X Strengthens Risk and Banking Expertise with Russell Playford, Former Chief Risk Officer at Bank of The West

London, 29th February 2024: Climate X, a leading climate risk analytics firm for the financial industry, appoints Russell Playford as an advisor. 

Russ Playford is the former Chief Risk Officer of Bank of the West and RBS Americas who previously held senior executive roles at Wachovia Bank and was a Managing Director in the Corporate Banking Group at Bank of Montreal.

He will work with the Climate X team to enhance the risk perspective of its solutions and deliver greater value to the company’s bank and other financial services clients.

Throughout his career, Russ has been engaged in promoting innovation to meet banking challenges in business, credit portfolio management, and enterprise risk management.

His experience includes both domestic and international leadership roles including as a member of the BNP Paribas Global Risk Executive Committee. Russ has also been a senior advisor to CEOs and other senior executives in financial services related firms.

I'm excited to join Climate X in its mission to transform the financial sector's approach to climate challenges. The innovative solutions offered by Climate X have the potential to revolutionize risk management, and I look forward to contributing to this impactful journey."

Russell Playford, Climate X advisor

As Climate X's advisor, Mr. Playford will guide the company in delivering cutting-edge climate financial risk data and analytics to global banks, asset managers and other financial industry firms. His insights will play a pivotal role in advancing Climate X's mission to redefine resilience against climate change.

"Russell Playford brings a wealth of experience and a proven track record to Climate X, aligning perfectly with our mission to empower financial institutions in addressing climate-related risks" said Lukky Ahmed, CEO of Climate X.

Climate X, known for ground-breaking work, boasts advisors like David Carlin, Robert Wigley, Jackie Bennet OBE, Craig Robinson, Iván Markman and Sunil Kappagoda along with support from investors like CommerzVentures, Pale Blue Dot, and Bluewire Capital.

About Climate X

Climate X is the world’s only fully integrated climate risk platform, helping financial institutions to price, manage and build resilience to climate change impacts on the built environment. They provide climate financial risk data to global banks and asset managers, defending global economic stability against the impacts of climate change.

Climate X is redefining resilience against climate change. Their innovative solutions have transformed the approach of businesses towards climate challenges, enabling them to build and retrofit structures for a sustainable future.

By translating carbon emissions pathways into financial impacts, they help drive a significant shift in the financial sector. Banks and asset managers are now using their insights to drive positive societal change, transforming investment strategies, risk assessments, and preparation for the financial effects of extreme weather.

They are reinforced by notable figures such as David Carlin, Robert Wigley, and Jackie Bennet OBE who serve as advisors and are supported by CommerzVentures, Pale Blue Dot and Bluewire Capital as some of its investors. Climate X has received numerous awards, including FinTech Germany, Chartis’ Rising Star, and Deloitte’s Fast 50.

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