In the realm of risk management, few names command as much respect and admiration as Mihaela Nistor. With nearly two decades of experience in the banking and fintech sectors, Nistor has demonstrated an uncanny ability to lead and innovate in this critical domain.
Nistor's journey began with a solid educational foundation. She has a Bachelor's degree in Business Management from Marymount Manhattan College, as well as a Master's degree in International Finance and Business from Columbia University. Additionally, she completed the prestigious General Management Program at Harvard Business School, further honing her leadership skills.
Her illustrious career took a significant turn in May 2023 when she was appointed Chief Risk Officer at the Federal Reserve Bank of New York, a role she assumed in June of the same year. This momentous appointment marked a new chapter in Nistor's already impressive career.
Prior to her tenure at the New York Fed, Nistor held pivotal positions at esteemed financial institutions. As the Global Head of Enterprise Risk Management at Bloomberg LP, she revolutionized risk management by leveraging technology and data-driven approaches. Collaborating closely with software engineers, she spearheaded the development of innovative data collection methods and employed machine learning for cutting-edge analytics. Nistor's vision extended to the creation of self-service visualization tools, streamlining operations and procedures. Additionally, she took charge of access control and privileging security programs, ensuring the highest level of data protection and governance.
Before her tenure at Bloomberg, Nistor served as the Chief Risk Officer for Private Bank Americas at HSBC Bank USA. In this capacity, she exercised her keen oversight of risk governance for Private Bank activities in the Americas, seamlessly coordinating with HSBC Group Risk Functions.
Furthermore, Nistor's expertise extends beyond her professional achievements. She is a dynamic and engaging leader known for her ability to establish and elevate high-performing teams. Her unwavering commitment to diversity, equity, and inclusion aligns seamlessly with the values of the organizations she serves.
Nistor's ascent to the role of Chief Risk Officer at the Federal Reserve Bank of New York is a testament to her exceptional abilities and unwavering dedication to the field of risk management. Her legacy is sure to leave an indelible mark on the industry, setting new standards for excellence and innovation in the years to come.