Risk manager of the year - Richard Evans, Deutsche Bank

The head of group market risk's stress-testing approach has helped transform Deutsche Bank.

Richard Evans can time on his watch how long it takes for one of Deutsche Bank’s trading chieftains – people such as Anshu Jain, Michele Faissola or Rajeev Misra – to return one of his calls. “It takes minutes,” he says.

Such responsiveness, says Evans, is due to the culture of risk management that has taken root at Deutsche. It might also be due to the fact that Evans, as head of group market risk, reports directly to board member and chief financial officer Clemens Börsig, and has the power