Dr. Ron Dembo is the founder of Zerofootprint and CarbonX as well as the founder and former CEO of Algorithmics Incorporated, growing it organically from a startup to the world’s largest enterprise risk-management software company, with offices in fifteen countries, more than 70% of the world’s top 100 banks as clients, and consistent recognition as one of Canada’s 50 best-managed companies. Algorithmics was sold to Fitch in 2005 and later to IBM in 2012. Prior to this, Dr. Dembo had a distinguished ten-year academic career at Yale University where he was cross-appointed to Computer Sciences and the Yale School of Management.
Dr. Dembo has had an exceptional consulting career that has ranged from managing a team doing fixed income modelling and optimization at Goldman Sachs in the 1980s, to building and implementing a model to optimize the use of hydroelectric power in Spain, to helping governments leverage funds for projects that lower carbon emissions. His most recent assignment with Goldman Sachs (2016 -2018) focused on developing and implementing a new, disruptive risk management strategy. Currently he is working on measuring the financial risk and opportunities of climate change.
In May 2007, Dr. Dembo was made a lifetime Fields Institute Fellow. This fellowship is awarded to individuals who have made outstanding contributions to the Fields Institute, its programs, and to the Canadian mathematical community. In addition to three books, he has authored many technical papers on finance and mathematical optimization and holds many patents in computational finance and software for climate change. He has also received numerous awards for his work in mathematical optimization, finance, and climate change.
He currently sits on a number of boards and is a member of the Climate Change Adaptation Advisory Committee Canada and a founding member of the UN HABITAT World Urban Campaign.