Biography

Brad Hu

Executive Vice President and Chief Risk Officer

State Street

W. Bradford Hu is executive vice president and chief risk officer for State Street Corporation, responsible for leading the company’s risk management function globally. He is also a member of State Street’s Management Committee.

Prior to joining State Street, Brad was chief risk officer and a member of the executive management team for Citigroup. In this role,  he managed a global organization of 4, professionals overseeing control of credit, market, liquidity, operational, strategic, reputation and enterprise risks for Citigroup and its US$2.3 trillion balance sheet.

During his tenure, Brad led the transformation of Citigroup’s risk profile, reducing total portfolio stress losses by 3 percent, which was instrumental in securing credit rating upgrades.

Before this, Brad served as chief risk officer for Asia-Pacific, where he was responsible for managing  risks across all of Citi’s businesses in the region’s 17 markets, including capital markets, securities and transaction services, investment banking, commercial banking, consumer banking, credit cards, mortgage banking, personal lending and wealth management.

Prior to joining Citi in 28, Brad worked at Morgan Stanley for more than 2 years, where he served as CEO of Morgan Stanley Taiwan and held a number of senior leadership roles in the institutional equity division, global capital markets and investment banking. He has more than 15 years of experience in Asia, working and living in Hong Kong, Tokyo and Taipei.

Brad is the chair of the board of trustees for the global association of risk professionals and serves on the board of trustees for The Asia Society and The Museum of American Finance. He is a member of the financial advisory roundtable of the Federal Reserve Bank of New York; as well as a member of the dean’s advisory council for the MIT School of Science and the advisory board for the Amos Tuck School of Business.

Brad earned SB and SM degrees in electrical engineering and computer science with concentration in economics from the Massachusetts Institute of Technology in 1985 and an MBA from the Amos Tuck School of Business Administration, Dartmouth College in 1989, where he was elected Edward Tuck Scholar.