Standard Chartered appoints Benjamin Dabrah as Chief Risk Officer

Standard Chartered on Thursday appointed Mr Benjamin Dabrah as the Regional Chief Risk Officer for Africa.

Mr Dabrah joins Standard Chartered from Barclays Bank where he has served as Managing Director for Ghana since 2008.

His 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.

A statement issued by Mr Dan Mobley, Regional Head of Corporate Affairs, Africa of Standard Chartered and copied to the Ghana News Agency said the bank would continue to attract top talent to key positions in Africa.

Mrs Diana Layfield, Chief Executive Officer Standard Chartered, Africa Region said the strength of the bank’s business and brand allows the hiring and developing of 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,” she added.

Mr Dabrah expressed excitement about the opportunity to join Standard Chartered in Africa and that he has seen first-hand the bank’s strengths, ambition and investment on 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,” he said.

Mr Dabrah’s role as Chief Risk Officer for Africa is a new position to strengthen the regional management team and demonstrate Standard Chartered’s strong 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.

Source: GNA