Introduction
Peter C. Young, PhD holds the 3M Endowed Chair in International Business, and in that position is responsible for global business education initiatives at the University of St. Thomas’ Opus College of Business. From 1994-2011 he held the E. W. Blanch, Senior Chair in Risk Management in the Opus College of Business. In that capacity, he was (and remains) responsible for the MBA courses and certification programs in risk management, as well as playing a leadership role in the actuarial science program—now designated as a Center for Actuarial Excellence.
Professor Young has been a visiting professor to City University in London and Aoyama Gakuin University in Tokyo, and has held a distinguished honorary professorship at Glasgow Caledonian University in Scotland. He was selected as a Distinguished Alumnus of the Year for the University of Nebraska-Omaha and for Augustana University, was honored with the ALARM-UK Lifetime Service award, and was selected as an Honorary Fellow of the Institute of Risk Management in London. Most recently, he was awarded the Otto Mønsted Visiting Professorship at Copenhagen Business School in recognition of research excellence in risk management, and in 2023 he was awarded the IBM Center for the Business of Government grant to lead a study of Enterprise Risk Management adoptions in federal agencies.
Dr. Young holds a Ph.D. in Risk Management from the University of Minnesota and a Master’s Degree in Public Administration from the University of Nebraska-Omaha. He is considered a leading authority and educator in the risk management & insurance field. He has written extensively on the subject of risk management in academic journals, but has also authored several books including; an influential risk management textbook, Risk Management and Insurance (McGraw-Hill, co-authored with Michael Smith), Managing Risks in Public Organisations (with Martin Fone), and Risk Management and Leadership. He has co-authored with Torben Andersen, Strategic Risk Leadership: Engaging a World of Risk, Uncertainty, and the Unknown, which was published by Routledge and was released in February 2020. And a second book with Torben Andersen, Strategic Risk Leadership: Context and Cases, was released in September 2021. That book provides a more detailed investigation of risk leadership through the lens of complex adaptive systems theory. A book on risk management in European governmental bodies, Public Sector Leadership in Assessing and Addressing Risk, was published in April 2022.