John T. Colas

Partner and Vice Chairman, Financial Services Americas
John has worked in each of the world’s principal financial centers advising senior management in financial services and the public sector on critical matters of strategy, regulation, and risk and capital management.

He is a co-leader of Oliver Wyman’s Climate and Sustainability platform while also serving on Marsh & McLennan’s Climate Risk and Sustainability Task Force and Environmental, Social, and Corporate Governance Committee.  

The translation of climate risk factors into prospective financial performance is less well understood than more traditional risk types in financial services. Helping the industry develop a methodology to measure and disclose these risks will serve to enhance overall risk management and better inform strategic capital allocation decisions. This integration of climate risk factors within existing frameworks will help underpin meaningful actions towards future sustainability.

John led our project team assisting the United Nations Environment Programme – Finance Initiative (UNEP FI) and a working group of 16 leading banks to develop a framework to assess and disclose climate-related risk factors.  He serves as a member of the Climate-Related Market Risk Subcommittee (Climate Subcommittee) of the CFTC’s Market Risk Advisory Committee (MRAC). John worked closely with this expert subcommittee in helping to author the report,  Managing Climate Risk in the U.S. Financial System.  He also serves on the GARP Sustainability and Climate Risk (SCR) Advisory Committee.

He is a member of The Economic Club of New York, The Foreign Policy Association, the AFS-USA President’s Council, and an Advisory Board member of the Huntsman Program at the University of Pennsylvania. John graduated magna cum laude from The Wharton School of the University of Pennsylvania. He also studied at the Institut d’Etudes Politiques de Paris (SciencesPo) as a Rotary Foundation Scholar.