TGF Analytics provides customers with the leading insights on risk, governance, and performance. Our models have been in place since 2009, long before any other governance analytics firms were making the connection between governance, performance, and risk. We evaluate the risk and quality of publicly traded companies based on a variety of governance aspects, including ESG, financial governance, and the company's proprietary Market-Implied Governance Metric. The models have been offered to the public under the TGF Analytics brand since 2018.
The company was founded by leading governance and risk expert, David R. Koenig. David also advises a variety of boards and board members on governance best practices via his consulting firm, (b)right governance. Since he began his career in 1985, David's work has been focused on helping organizations to be more successful in achieving their goals through better risk-taking and better risk governance. Because of his innovative approach to risk, he's been invited to present his ideas at more than 100 events on five continents.
He's served on numerous for-profit and non-profit boards and has advised board members and executives around the world. His executive leadership roles have included serving as the chief executive officer, senior executive responsibilities for the creation and development of corporate risk management programs at three different companies, the management of complex portfolios in excess of tens of billions of dollars in size, the risk oversight of a complete suite of public mutual funds for one of the nation's largest banks and the development of the first firmwide risk management program in the mortgage banking business.
David is the author of the critically acclaimed book Governance Reimagined: Organizational Design, Risk, and Value Creation, is a Research Fellow and Member of the Advisory Board at the IIT Stuart Graduate School of Business' Center for Corporate Performance, is a member of the Editorial Board of the Journal of Risk Management in Financial Institutions where he was the invited Special Editor of two issues, and was named as one of the winners of the inaugural M-prize for management innovation in the category of Reinventing Leadership.
David has written numerous articles and chapters in textbooks. He's been quoted in Time Magazine, the Wall Street Journal, Forbes, and other leading publications and, in his youth, was a regular guest on the Financial News Network (now CNBC).
He is the founder of the Directors and Chief Risk Officers group ("the DCRO"), The DCRO was formed in 2008 to focus on the top-level governance of risk in practice. Bringing together leading board members, chief risk officers, and other c-level officers whose jobs include a fiduciary responsibility for governance and risk management, the DCRO counts more than 2,000 members from large and mid-size for-profit and nonprofit organizations, coming from over 115 countries. David led the work of the DCRO Qualified Risk Director Governance Council, responsible for the DCRO Qualified Risk Director Guidelines, and the DCRO Compensation Committee Risk Governance Council, which is responsible for the DCRO Guiding Principles for Compensation Committees.
He is one of the founders of the Professional Risk Managers’ International Association (PRMIA), where he led that organization and the PRMIA Institute from their founding until 2007. By the time he handed over the reins, the organization had more than 45,000 members from over 180 countries and annual revenues had grown from zero to over $2.5MM. He served as the Chair, Board of Directors of PRMIA, the Chair of that organization’s Ethics Committee, a member of its Academic Advisory Council and a member of its Education and Standards Committee. He had oversight of the development of all publications, training programs, member and volunteer relations, and strategic planning. He was honored as the recipient of the PRMIA Higher Standard Award in 2008 - the top recognition bestowed on any member of the association.
David was a Mentor for the 2012 class of the acclaimed MiddCORE program of Middlebury College. He was also the only non-alumnus invited to be a member of the 2011 TRIUM MBA Term Project Executive Board (TRIUM is a joint program of NYU Stern School of Business, the London School of Economics and Political Science, and HEC School of Management, Paris). He has taught Corporate Finance and Investments courses at St. Olaf College.
He is a proud member of Rotary International and has earned multiple Paul Harris fellowships. He volunteers for Rotary Youth Exchange, is the Chair of the local Rotary Ethical Leadership Committee, and serves on the Rotary District 5960 Ethics Committee.
David earned his M.A. in Economics from Northwestern University and his B.A. degrees in Mathematics and Economics from Miami University in Oxford, OH. He practices his work from an office in the beautiful college town of Northfield, MN.