Darius Grinvaldas

Head of Model Risk & Validation department

Luminor Group

Experienced risk management professional with a demonstrated performance in leading
experts/teams/leaders in the financial services and modelling industry. Before Luminor, I have
worked for ten years in Danske Bank as expert and leader.
Have deep understanding of IRB (PD, LGD, EAD) area, including various business contexts,
methodological modelling considerations and regulatory environment challenges. Currently
focusing on model risk aspects of IRB, IFRS9, ICAAP/ILAAP and other modelling areas.