RGP Appoints Richard Toledo to Lead Risk & Compliance Practice Amid Evolving Regulatory Landscape
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enterprise risk managementfinancial
Enterprise Risk Management is a process companies use to identify, assess, and prepare for potential problems that could disrupt their success, like financial losses or reputation damage. It’s like a safety plan that helps a business stay strong and adapt quickly when unexpected challenges come up. This helps the company protect its future and keep running smoothly.
internal auditfinancial
An internal audit is a company-run review that checks its own books, procedures and risk controls to make sure financial statements are accurate, rules are followed, and operations run efficiently. Think of it as a routine health check or home inspection that aims to spot weaknesses or mistakes before they become big problems; for investors, a strong internal audit program increases confidence in reported results and lowers the risk of unexpected losses or regulatory trouble.
regulatory complianceregulatory
Regulatory compliance is the process of ensuring that a company follows all applicable laws, rules, and standards set by government authorities or industry bodies. It is important to investors because it helps prevent legal penalties, financial losses, and reputational damage, contributing to the overall stability and trustworthiness of a business. Think of it as following the rules of a game to play fairly and avoid penalties.
soxregulatory
SOX is shorthand for the Sarbanes–Oxley Act, a U.S. law that requires companies to keep honest, verifiable financial records and to have documented checks and procedures that prevent and detect accounting errors or fraud. Think of it as a quality-control inspector for a company’s books: it makes the financial statements more trustworthy for investors while also imposing compliance costs and stricter reporting rules that can affect a company’s operations and investor expectations.
model risk managementfinancial
Model risk management is the set of practices firms use to check, test and control the mathematical or statistical models that inform pricing, risk measures and key decisions. Like routinely inspecting and calibrating a car’s brakes and dashboard instruments, it makes sure models are accurate, up-to-date and used correctly; investors care because faulty models can lead to mispriced assets, hidden risks or sudden losses that harm a company's financial stability and share value.
DALLAS--(BUSINESS WIRE)--
RGP (Nasdaq: RGP), a global professional services firm, today announced the promotion of Richard Toledo to Risk & Compliance Practice Leader within its expanded Consulting Services Segment. The role reflects RGP’s continued investment in helping organizations navigate an increasingly complex regulatory, operational, and technology risk environment as finance, digital transformation, and AI initiatives converge across the enterprise.
Richard Toledo, Risk & Compliance Practice Leader at RGP
Risk and governance priorities have moved rapidly up the agenda for CFOs and CIOs alike as organizations accelerate adoption of AI, modernize core systems, and expand their digital footprints. These changes are creating new regulatory, operational, and data governance challenges that require integrated risk strategies spanning finance, technology, and operations.
“Risk management today is no longer confined to compliance functions; it sits at the center of enterprise transformation,” said Scott Rottmann, President of Consulting Services at RGP. “As organizations adopt AI and modernize their technology environments, leaders must ensure that governance, controls, and risk visibility evolve alongside innovation. Richard brings deep experience helping organizations strengthen their risk frameworks while enabling transformation to move forward responsibly.”
Organizations today face growing pressure to modernize governance frameworks while managing cybersecurity exposure, evolving regulatory expectations, and the operational risks associated with fragmented systems and data environments. At the same time, many companies are navigating limited internal resources to support large-scale transformation initiatives, regulatory programs, and control remediation efforts.
By pairing risk and compliance consulting expertise with scalable on-demand talent solutions, RGP helps organizations address peak workloads, regulatory deadlines, and transformation-related risk initiatives with greater agility.
In this role, Toledo will lead RGP’s capabilities across enterprise risk management, internal audit, regulatory compliance and controls, and SOX. The practice will also support organizations in developing responsible AI governance frameworks, strengthening model risk management, and establishing the policies, controls, and oversight structures required to scale AI safely and responsibly.
“Effective risk governance is table stakes,” said Toledo. “But the risks we’re watching most closely right now are the ones no one has on their dashboards yet. Entire industries are converging on the same AI models, vendors, and data, creating shared vulnerabilities. Think of the 2010 Flash Crash, when markets lost $1 trillion in under 30 minutes because trading algorithms reacted to the same signals. Now imagine that kind of systemic reaction happening across multiple industries at once. Efficiency looks strong, until a single point of failure takes everyone down.”
Toledo has more than 25 years of experience in helping banks and financial services firms address a range of risk management, organizational change, project management, and technology initiatives, focusing on optimizing business processes and information systems to achieve more efficient and effective operations. He joined RGP as part of the firm’s 2024 acquisition of Reference Point, where he led the risk practice for nine years.
Prior to joining Reference Point in 2017, Toledo held leadership roles at Credit-Suisse, Barclays, Citi, and Morgan Stanley.
About RGP
RGP (Nasdaq: RGP) has been redefining professional services for 30 years by closing the gap between advice and execution. RGP combines the flexibility of on-demand talent, the rigor of consulting, and the accountability of managed services for faster impact, smarter investment, and lower risk. The firm partners with CFOs and other C-suite leaders across finance, digital transformation, data, and cloud — connecting advisory to execution at global scale.
Based in Dallas, Texas, with offices worldwide, RGP annually engages with more than 1,500 clients around the world from 40 physical practice offices and multiple virtual offices. As of January 2026, RGP is proud to have served 90 percent of the Fortune 100 and has been recognized by U.S. News & World Report (2025-2026 Best Companies to Work for) and Forbes (America's Best Midsize Employers 2026, America's Best Management Consulting Firms 2025, World's Best Management Consulting Firms 2025).
Resources Connection, Inc. (RGP) is listed on the Nasdaq Global Select Market, the exchange's highest tier by listing standards. To learn more about RGP, visit: http://www.rgp.com. (RGP-F)
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