Printer Friendly

Standard Chartered appoints Benjamin Dabrah Chief Risk Officer for Africa.

Standard Chartered has appointed Benjamin Dabrah as Regional Chief Risk Officer for Africa. He joins Standard Chartered from Barclays Bank where he has served as Managing Director for Ghana since 2008.

Under his tenure, he led the turnaround of the previously loss making Barclays Bank of Ghana. Ben's experience in risk management spans his career, with his previous roles including Regional Credit Director for West Africa, Standard Bank and Country Credit Director, Kenya for Barclays.

Diana Layfield, CEO, Africa Region, said, "We are delighted that Ben is joining us. Standard Chartered continues to attract top talent to key positions in Africa. The strength of our business and brand allows us to hire and develop the best people in the market. Ben's skills and expertise will bring immense value to the Bank in Africa, helping us maintain our strong growth and reputation as the leading international bank on the continent, connecting Africa to Asia and the Middle East."

Ben Dabrah commented, "I am very excited about the opportunity to join Standard Chartered in Africa. In recent years I have seen first-hand the Bank's strengths, ambition and investment in the continent. I was attracted by Standard Chartered's brand promise to be 'Here for good' and I am looking forward to supporting the Bank in its major contribution to economic growth and social change in Africa."

The role of Chief Risk Officer for Africa is a new position, strengthening the regional management team and demonstrating Standard Chartered's commitment to building a sustainable, high growth business on the continent. Over the past five years, the Bank's franchises in Africa have delivered a compound annual growth rate of 15 per cent. In 2012, the region generated income of $1.6 billion, up 20 per cent, with operating profits up 28 per cent at $771 million.

Standard Chartered Bank has over 170 branches in 15 African countries and over 7,000 staff.

2013 CPI Financial. All rights reserved.

Provided by Syndigate.info an Albawaba.com company
COPYRIGHT 2013 Al Bawaba (Middle East) Ltd.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2013 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:CPI Financial
Date:Mar 23, 2013
Words:330
Previous Article:Moody's downgrades Egypt's government bond rating to Caa1, negative outlook.
Next Article:Emirates Islamic Bank, Sharjah Directorate of Housing spotlight strategic partnership.

Terms of use | Privacy policy | Copyright © 2021 Farlex, Inc. | Feedback | For webmasters |