Our people

Emma Heathcote

Emma is a Managing Partner and a seasoned leader with extensive experience managing risk at a senior level for large UK banks. Having held Head of Retail Risk positions at both Virgin Money and HSBC Canada, and Head of Retail Risk Analytics for HSBC UK and Europe, Emma specialises in risk data, decisioning systems, portfolio analytics and all credit modelling. This includes IRB, IFRS 9, stress testing and more.

Emma is a highly regarded partner who deploys her partner team to effectively build and strengthen client relationships.

Phillip Dransfield

Phil is a Managing Partner and experienced Risk Officer. Having held Chief Risk Officer and Director roles across Lloyds Banking Group, TSB and Zopa FS, he brings with him a wealth of industry knowledge which enables him to effectively manage 4most’s Tier 1 client portfolio.

Having held roles in all three lines of defence, Phil specialises in governance, organisational design, risk measurement, reporting and control frameworks. He has a proven track record of helping clients through strategic and structural change, as well as all risk management activities.

Mark Kelly

Mark is a Managing Partner and risk consulting expert with over 20 years of industry experience across 4pi, FICO, Callcredit and TransUnion. In that time, he’s led teams of consultants to deliver on all aspects of credit risk, marketing insight and data science.

Holding a PhD in Statistical Methods of Credit Scoring, and having published several papers and delivered conferences in specialist areas such as Multi-Bureau, traditional predictive modelling and machine learning, Mark brings a wealth of knowledge to 4most. He is invaluable in supporting our client’s servicing requirements.

Ramesh Indran

Ramesh is a Managing Partner with significant experience in finance transformation, Solvency II, internal model applications, and the development of financial reporting methodologies. He is a pivotal business leader who founded 4most’s insurance practice when he joined in 2017, developing our services and business relationships from first principles.

With over 15 years of experience working both in industry and consulting, Ramesh has worked extensively with two of the UK’s largest insurers, and led actuarial teams to carry out large finance change programmes.

Christopher Warhurst

As Technical Director, Chris leads the field in regulatory and technical modelling expertise, specialising in IFRS 9 and IRB. With many years operating at a senior level in UK Banking, Chris provides the perfect balance of client partnership and practical regulatory experience to support businesses as they navigate the ever changing regulatory landscape. Chris is responsible for overseeing projects across the UK, Europe and the Middle East, providing leadership and advisory support to both project teams and clients.

Prior to joining 4most, Chris held a range of senior roles at HSBC, leading the development of global IFRS 9 and IRB solutions, including pricing models, forecasting and stress testing.

Sachal Gandotra

Sachal is a General Insurance Partner, a qualified actuary and CERA. He is responsible for the strategic growth of 4most’s General Insurance Services.

With over a decade of experience, Sachal has extensive knowledge of pricing, reserving, IFRS/USGAAP reporting and capital modelling, as well as a proven track record of delivering various regulatory projects for companies in the UK, Malaysia (including Takaful), Singapore, Hong Kong, and India. Sachal has taken leading roles in finance transformation programmes, specialising in IFRS 17 and training both actuaries and finance departments in regulatory requirements.

Sheikh Yasir

Sheikh is an industry expert in developing capital optimisation solutions for insurance companies, having pioneered the development of fixed income portfolio optimisation and asset allocation solutions tailored for annuity funds, with a particular focus on matching adjustment funds. This innovation has led to a significant reduction in the value of liabilities for multiple FTSE 100 insurers.

Additionally, Sheikh provides technical and advisory support to Bermudan reinsurers, focusing on crafting optimal portfolios that comply with the Scenario Based Approach (SBA) and incorporate both reinvestment and disinvestment strategies. His work addresses the specific needs of the Bermudan reinsurance market, with expertise in navigating complex regulatory landscapes.

Before joining 4most, Sheikh was associated with the Bank of England, contributing to the implementation of the Solvency II Regulation.

Ram Ananth

Ram is a Client Partner for 4most’s Market Risk services. He is responsible for our propositions in traded market risk, Counterparty Credit Risk (CCR), Interest Rate Risk in the Banking Book (IRRBB) and capital & liquidity management.

Ram has over 18 years of experience leading critical risk management initiatives within investment banks, wholesale banks, clearing houses and custodian banks in the UK, Europe and United States. His impressive knowledge covers regulatory attestation, model development/validation, management reporting, process re-engineering, internal audit, and more. He has significant expertise in model risk, market risk, IRRBB, CCR, wholesale credit risk, liquidity risk and stress testing.

Colin Carmichael

Chris Palethorpe

Chris is a Client Partner with extensive experience working with data and analytics in both banking and consulting roles, having held key leadership roles across PwC, Virgin Money, Lloyds Banking Group and Callcredit.

Chris has previously led the credit risk data and systems workstream for a successful IRB waiver submission, conducted SAS data migrations, executed decision system replacements, and delivered the redevelopment and transformation of credit risk MI, amongst a plethora of other risk-related data, analytics and modelling activities. Chris specialises in data and decisioning and is leading on the growth plan of 4most in data and decisioning.

Colin George

Colin has extensive knowledge of risk management from over 20 years of direct industry experience in banking and risk consulting, delivering projects of all scales and covering all aspects of credit risk. Since joining 4most in 2013, Colin has overseen multiple large-scale regulatory model developments, A-IRB applications and independent validation projects and functions.

As Project Delivery Director, Colin draws on this deep knowledge of credit risk and project management to ensure all 4most projects are delivered efficiently and to a consistently high standard.

Torgunn Ringsjø

Torgunn is an industry expert in credit risk, with a particular focus on the practical application of data science to support model development, decisioning, processes and data. With over 20 years of experience in consulting, Torgunn has a proven track record of delivering successful projects and operational leadership for 4most and its clients.

As Director of Products and Recurring Services, Torgunn leads her function to combine data science, economic modelling and product development to canalise the process of research and innovation – from idea inception through to viability testing, development and the deployment of new approaches, products and services. Her work is key to ensuring 4most maintains focus on being an innovator and early adoptor of cutting edge, advanced techniques.

Having held key roles in DecisionMetrics and Experian Decision Analytics, Togunn’s deep knowledge of how businesses manage risk enables her to maximise client-return from their partnership with 4most.

Nicoleta Remmlinger

As Director for the UAE market, Nicoleta is responsible for the strategic development and growth of 4most outside of the UK and Europe. Using her extensive skills and expertise to build strong international relationships, Nicoleta has helped businesses with key trends in risk such as IFRS 9, credit decisioning, collection strategies, stress testing, model development, model monitoring, model validation and climate change risks within both banking and non-banking environments.

Nicoleta is PMP certified and holds a Masters in Banking, Corporate, Finance and Securities Law. With over 14 years of experience she has successfully supported more than 10 Credit Bureau implementation programs globally and has previously held roles at CRIF, Al Etihad Credit Bureau and Qarar.

Nicoleta has attained many awards for her work, including “Entrepreneur of the Year” (2022, 2023), “Woman Leader in Banking Services” (2023) and “Best Credit Risk Management Advocate” (2024).

Jarred Lloyd

Jarred is an analytics expert with over 15 years of experience applying analytics across the customer lifecycle, credit risk, business intelligence, data mining, digital strategies, product development and project management throughout multiple industries.

He has a unique combination of business and technical experience which allows him to transform businesses to develop key strategies and world-class solutions, with significant impact on revenue and ROI. As Head of Analytics for 4most UAE, Jarred is responsible for ensuring the highest level of delivery quality across the region.

Mike Gilding

Mike is a deeply experienced credit risk professional with a proven track record of delivering multiple large-scale projects across all aspects of credit risk. Since joining 4most in 2011, Mike has worked across the UK, Europe and Asia, building the delivery-focus and knowledge required to fulfil his current role.

As Operations Director, Mike puts together the optimal mix of people for all our engagements, ensuring profiles and capabilities match client requirements and ultimately ensuring the success of all our projects.

Alysha Nickerson

Alysha is a credit risk expert with over 14 years of experience managing risk from both banking and consulting roles. Having held key roles in TSB and DecisionMetrics, and having also delivered a diverse range of projects across Tier 1 and 2 banks, startups and niche lenders, Alysha brings a wealth of technical, problem solving and project management skills to her role – enabling the highest quality of project delivery for our clients.

As Consultant Director, Alysha holds shared responsibility for 4most’s 200+ team of consultants.

Shane Riordan

Shane is a regulatory risk and risk modelling expert with over 20 years of experience in key leadership roles delivering capital, impairment and stress testing solutions for large banks. Having worked across both 1st and 2nd lines of defence, his expertise extends across governance, model risk frameworks, assessment and quantification of model risk, macroeconomic modelling and enhancing the material risk assessment process.

As Client Partner, Shane is responsible for supporting our European clients, with a particular focus on leading out on our corporate and commercial proposition.

Prosenjit Paul

Prosenjit is a regulatory risk expert with over 24 years of experience spanning multiple territories having held key roles delivering on IFRS9, CECL, Basel II, and Stress Testing & Forecasting.

As Client Partner of 4most’s India team, Prosenjit is responsible for building on and strengthening client relationships, and ensuring the highest quality of service delivery for our global client base.

Sourish Kundu

Sourish is a regulatory risk expert with over 16 years of experience delivering on IFRS9, CCAR, CECL, Basel, and credit lifecycle model development and validation. He brings extensive technical experience in Statistical and Machine Learning model development techniques, enabling a wide range of solutions to business-specific modelling problems.

As a Director of 4most India, he is responsible for the development and deployment of the team in this region to support our global client base.

Richard Whiting

Richard is a Client Partner with extensive experience in risk consulting, having worked with many large European banks. He focuses on model development and validation, risk management, stress testing, data, and regulatory compliance. His approach to risk consulting is rooted in his early career in audit, where he first honed his analytical skills before discovering a passion for the complexities of risk management. Having held a key leadership position at PwC, he led a diverse team of (quantitative) risk experts and has successfully delivered numerous large-scale projects in areas such as IRB, IFRS 9 and ESG risk.

Richard plays a pivotal role in shaping and executing the strategy for 4most Europe. Operating from his base in Amsterdam, he is responsible for driving growth and delivering value to clients across the region.

Alice Webb

Alice is a seasoned risk professional with a wealth of expertise across all aspects of risk management, bringing both technical and leadership skills to our clients and partnerships.

Joining 4most in 2016, Alice has delivered multiple large-scale projects, covering everything from data augmentation to model development and strategy design, specialising in scorecards, monitoring and portfolio management.

As Commercial Director, Alice is responsible for ensuring 4most supports its clients and partnerships with a detailed understanding of current and upcoming client-specific issues as well as industry challenges. Her work is key to strengthening 4most’s relationships, plus executing tactical and strategic changes that help businesses navigate the dynamic risk landscape.