Prof Pavel V. Shevchenko is a Principal Research Scientist in the Division of Mathematics, Informatics and Statistics of CSIRO (The Commonwealth Scientific and Industrial Research Organisation of Australia). Prof Shevchenko joined CSIRO in 1999 to work in the area of financial risk. He leads research and commercial projects on modelling of operational and credit risks; option pricing; insurance; modelling commodities and foreign exchange; and the development of relevant numerical methods and software. He received a MSc from Moscow Institute of Physics and Technology and Kapitza Institute for Physical Problems in 1994; and a PhD from The University of New South Wales in 1999 in theoretical physics. He is currently an adjunct Professor at School of Mathematics and Statistics in the University of New South Wales, adjunct Professor at School of Mathematical Sciences in the University of Technology Sydney, and associate editor of the Journal of Operational Risk. Prof Shevchenko has published extensively in academic journals, consults for major financial institutions and is a frequent presenter at industry and academic conferences. He is the author of the book Modelling Operational Risk Using Bayesian Inference (Springer).