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Duncan Martin

Senior Partner & Managing Director


“Failure is a necessary part of finance—not something that is to be avoided at all costs. Failure is helpful to the financial system as a whole because it ensures that there is risk and that loss is taken.”

Duncan Martin is a core member of the Financial Institutions practice at The Boston Consulting Group. He coleads BCG's risk and compliance efforts in North America and Western Europe, and he is a member of the firm's Audit and Risk Committee.

Duncan has more than 25 years of experience in finance across wholesale banking, SME and retail banking, project finance/CRE, capital markets, and insurance—throughout Europe, the Americas and Asia. For the last 19 years, he has focused on risk management.

Over the course of his career, Duncan has focused on the intricate relationships linking risk, return, and strategy, with an emphasis on embedding complex analytical techniques and regulations in practical, front-line solutions.

Prior to joining BCG, Duncan was head of wholesale credit risk analytics at Royal Bank of Scotland and head of strategic risk management at Dresdner Kleinwort.  In addition. he authored the book Managing Risk in Extreme Environments (Kogan Page, 2008), a theme he has returned to at BCG with work for the World Economic Forum and the Global Fund to Fight AIDS, Tuberculosis and Malaria.

Areas of Expertise

  • Coleads BCG's risk and compliance efforts in North America and Western Europe
  • Credit risk management
  • Operational risk management
  • Compliance
  • Wholesale banking and capital markets
  • Risk appetite and strategy
  • Risk and compliance governance and organization


  • MBA, Wharton School of the University of Pennsylvania
  • MA, international studies, Lauder Institute of the University of Pennsylvania
  • MA, natural sciences, University of Cambridge
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