Control Risks, a renowned global strategic intelligence and security firm, has announced that Bill Udell will become the new Chief Executive Officer, effective 1 June 2026. Udell takes over from Nick Allan, who will step down after a notable 25-year tenure, including seven and a half years in the CEO role.
Having successfully navigated the firm through a period of major growth and global expansion, Allan has been instrumental in shaping the company's strategic path. Together with the Board, it was deemed that this transition presents an opportunity for Control Risks to embark on the next phase of its development under new leadership.
Udell's role in strategic intelligence
Udell currently holds the position of Managing Partner, Global Security, and is a member of both the Board and Executive Committee. He has been pivotal in the delivery of comprehensive security and strategic intelligence solutions, including advisory services, operational support, and complex risk management. Previously, Udell led the firm's Americas business and has significantly contributed to strengthening the company's intelligence-led approach.
The Board chose Udell for his acute understanding of the company's prospects
The Board chose Udell for his acute understanding of the company's prospects and a compelling vision for its continued growth, coupled with a proven track record of implementing change. Dominic Casserley, Chair of Control Risks, commented on Udell's appointment, emphasizing his strong strategic insight and disciplined execution abilities: "Bill stood out through the selection process for his clarity of thinking, his deep understanding of where the firm needs to evolve and his ability to combine strategic vision with disciplined execution. He brings the right balance of experience, energy, and perspective to lead Control Risks in its next phase, strengthening our position as a strategic intelligence and security partner to clients worldwide."
Commitment to client needs
Upon his appointment, Udell expressed his enthusiasm for leading the firm: "It is an honour to be selected as Chief Executive of this remarkable business. By focusing my efforts on the evolving needs of our clients, I am convinced Control Risks is well positioned to further strengthen its market position."
With a trusted relationship with major corporations, including 80% of the Fortune 500 and 62% of the Fortune Global 500, Control Risks continues to offer clarity and decisive insights in strategy and operations globally, drawing on over five decades of experience across 178 countries.
