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Michael Blackshear
SVP, Chief Compliance & Privacy Officer at Ryan Specialty Group
Professional Background
Michael Blackshear is a seasoned professional in the financial services industry, bringing over twenty-nine years of extensive experience to the fields of ethics, compliance, and risk management. He is currently the Senior Vice President, Chief Compliance & Privacy Officer at Ryan Specialty Group, where he leads compliance and privacy initiatives with a focus on integrity and ethical standards. Michael has a rich background in various roles that demonstrate his deep knowledge and proven track record in compliance, regulatory affairs, and risk management.
His commitment to ethical practices and risk mitigation has shaped his career, allowing him the opportunity to influence large-scale organizations across the financial services sector. Before joining Ryan Specialty Group, Michael exhibited exemplary leadership as the SVP, Chief Compliance Officer for North America at Chubb, where he was pivotal in steering compliance strategies and enhancing company-wide governance. Additionally, he brought his expertise to Marsh & McLennan Companies, where he served as SVP, Government Affairs and Regulatory Compliance Officer. His journey began in the high-stakes world of casualty insurance brokerage at Aon, where he worked his way up from an Underwriter Trainee to Executive Manager under the leadership of industry luminary Frank Zarb.
Education and Achievements
Michael’s educational background is as impressive as his professional journey. He studied a Juris Doctor (JD) in Law at Fordham Law School, laying a strong legal foundation that supports his extensive career in compliance. He has also enhanced his knowledge in areas critical to modern leadership by completing certifications in Diversity, Equity, and Inclusion Leadership at Loyola University Chicago, and Managing Ethics in Organizations at Bentley University.
His academic credentials include a Master of Business Administration (MBA) with a concentration in Insurance from St. John's University, The Peter J. Tobin College of Business, paired with a Bachelor of Science degree in Finance from Syracuse University - Martin J. Whitman School of Management. This strong educational pedigree equips him with both practical skills in finance and a comprehensive understanding of legal and ethical dimensions, making him a leader in compliance and risk management.
Notable Achievements
Throughout his career, Michael has been a stalwart advocate for ethical business practices and regulatory compliance. His diverse roles across notable firms like KPMG and PricewaterhouseCoopers underline his capacity to manage financial risk and ensure adherence to compliance frameworks. His role as an Adjunct Professor at Fordham University School of Law reflects his commitment to sharing knowledge and shaping future professionals in the legal and compliance space.
Michael’s leadership journey has not only included executive positions but has also entailed mentoring emerging leaders in the industry, contributing to raising awareness on critical topics such as diversity, equity, and inclusion in the financial sector. His expertise allows him to bridge gaps between compliance regulations and ethical conduct, establishing best practices that numerous organizations now follow.
As a dedicated professional, Michael is recognized for his strategic insights, comprehensive understanding of regulatory landscapes, and the ability to cultivate a culture of compliance within organizations. His vast knowledge and experiences make him an invaluable asset in discussions surrounding risk management, ethical governance, and organizational compliance strategies.