News

ADIB appoints chief risk officer

Abu Dhabi Islamic BankAbu Dhabi Islamic Bank has appointed Jose K Joseph as its group chief risk officer. Joseph will be responsible for managing credit, market and operational risk as well as strengthening the bank’s risk governance. He is also expected to “cultivate a positive risk culture across the organisation at a time of rapid change in the global regulatory environment” according to a statement from the bank. Joseph joins ADIB from Oman-based BankDhofar, where he was deputy general manager and chief risk officer. The majority of his 30 year career has been spent in the US, including 25 years at Citibank where he held a number of senior roles including chief credit officer for Citibank North America. According to ADIB group chief executive Mazin Manna, Joesph’s appointment “reflects ADIB’s commitment to continuing our best-in-class risk-management practices to respond to evolving regulation, changes in customer behaviour, and the deployment of new technology”. ©2019 funds global mena

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