Peter Hughes is the creator of the Risk Accounting method, founding chairman of the Risk Accounting Standards Board (RASB) and a visiting fellow at the Durham University Business School where he leads research into risk-based accounting methods and systems. He has been granted lifetime membership of the Institute of Chartered Accountants in England and Wales. He was formerly a banker with JP Morgan Chase (Chase Manhattan Bank) where, during a 25-year career, he occupied country, regional and global executive roles in finance, operations, risk management, treasury & trading and internal audit.