David Steel

David Steel

Managing Director, Risk Management & Litigation Support Advisory

David K. Steel serves as Managing Director of Risk Management and Litigation Support Advisory for Oakleaf.  In his role, David is responsible for building the firm’s Financial Services Risk Management Practice and further expanding Oakleaf’s successful litigation support advisory business.  David is an experienced leader in the financial services industry, with expertise in credit risk underwriting, enterprise risk management, portfolio management, business strategy, restructurings, and arbitrations.


Before joining Oakleaf, David successfully de-risked an $8.3 billion portfolio of reinsurance credits as a consultant for American Overseas Re.  He also served as Chief Risk Officer of a life and annuity reinsurance venture for one of the largest US banks, creating an ERM framework, underwriting guidelines, and corporate governance policies and procedures.  David was previously President, CEO and CRO of Ram Reinsurance Company Ltd, where he managed a $49 billion portfolio of diverse, global financial guaranty reinsurance and led the restructuring of the company and refocusing on property casualty reinsurance.  He has also held senior, residential mortgage finance positions at Hanovertrade, ACE Capital Re Inc., GE Capital/Financial Guaranty Insurance Company, and Lehman Brothers.


David holds a Bachelor’s degree from California State University, Sacramento, and an MBA from the UCLA Anderson School of Management.

Get in Touch