Mr. Dietmar Serbee leads PwC's Risk & Regulatory practice. He advises global financial institutions in adapting their governance, risk management, and compliance capabilities in anticipation of regulatory requirements or market changes. Dietmar's recent work has focused on improving the operating model for risk and compliance management across banks, including the design of Risk and Compliance functions and the application of Heightened Standards and Enhanced Prudential Standards. He advises banks on how to improve the effectiveness of risk governance at the Board and management committee levels, and he works with CROs on risk culture, capital stress testing, material risk identification processes, and the management of business practices risk.