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Alice Cho
Managing Director
Alice assists clients with their efforts to improve corporate governance and risk management practices. She also has extensive experience in designing and implementing compliance-risk programs for mid-size and large companies. She possesses strong knowledge of the rapidly evolving incentive compensation policies affecting financial institutions.
- Assessed the governance practices of a multibank holding company and recommended detailed steps to streamline duplicative structures, strengthen the risk management function, and enhance board and management oversight.
- Assisted with developing a tailored program for managing compliance risk for a large bank client.
- Assisted with developing a gap analysis in response to the Federal Reserve’s review of incentive compensation.
Prior to joining Promontory, Alice was a Director at BITS, the technology arm of the Financial Services Roundtable, an industry group representing chief executive officers of the largest financial institutions. In that role, Alice led several industry initiatives in the payments and electronic banking area. Alice also served at the Federal Reserve Board as Special Assistant to Vice Chair Alice M. Rivlin, where she advised in the review of a wide range of banking issues, including regulatory proposals, bank applications and enforcement actions, and Federal Reserve initiatives on the payments system. Alice also worked in the Bank Supervision and Regulation Division of the Federal Reserve Board, and as the lead analyst of banking issues at the U.S. Office of Management and Budget.
- M.P.A., Public Policy, University of Chicago
- B.A., Economics, Whitman College
- Board Member, Board of Overseers, Whitman College
- Treasurer, Women in Housing and Finance