Control Risks Appoints Bill Udell As Chief Executive Officer

Udell will succeed Nick Allan, who is stepping down after 25 years with the company, including seven and a half years as CEO.

Allan has led the firm through a period of significant development strengthening its global position and shaping its strategic direction. The Board and Allan agreed that now is the right time for new leadership to guide the next phase of the company’s evolution.

Udell currently serves as Managing Partner of Global Security and is a member of the Board and Executive Committee. In this role, he oversees the delivery of integrated security and strategic intelligence services, including advisory work, operational support, and complex risk management. He previously led the firm’s Americas business and has played a key role in advancing Control Risks’ intelligence-led, integrated approach.

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The Board selected Udell for his clear understanding of the firm’s opportunities, his practical vision for its future, and his strong track record in leading organizational change.

Dominic Casserley, Chair of Control Risks, said: “Bill stood out through the selection process for his clarity of thinking,
his deep understanding of where the firm needs to evolve and his ability to combine strategic vision with disciplined
execution. He brings the right balance of experience, energy and perspective to lead Control Risks in its next phase,
strengthening our position as a strategic intelligence and security partner to clients worldwide.”

Commenting on his appointment, Udell said: “It is an honour to be selected as Chief Executive of this remarkable
business. By focusing my efforts on the evolving needs of our clients, I am convinced Control Risks is well positioned
to further strengthen its market position.”

About Control Risks

Control Risks is a global strategic intelligence and security consultancy trusted by most Fortune 500 and Fortune Global 500 companies. With over 50 years of experience across 178 countries, it helps organisations anticipate, manage, and mitigate risk, protect people and assets, and seize opportunity in complex, uncertain environments worldwide today.