Standard Chartered Appoints Risk Chief
A former 21-year Credit Suisse executive has been named as London-based Standard Chartered’s new risk chief.
Standard Chartered has appointed Jason Forrester as group chief risk officer, according to a statement, subject to regulatory approval. He will also become a member of the group’s management team. Based in London, he will report to group CEO Bill Winters.
Forrester joined Standard Chartered five years ago and is currently co-head, chief risk officer, corporate and investment banking. Previously, he worked at Credit Suisse for 21 years in various senior risk and finance management roles in America, Europe and Asia.
«Jason’s appointment illustrates both our bench strength and quality of succession planning. His time spent with Standard Chartered means that he already possesses a thorough knowledge of our business and footprint markets and shares our commitment to executing on our strategy and driving sustainable growth,» Winter commented.
Predecessor’s Move
Forrester replaces Sadia Ricke, who has decided to leave the bank. Ricke is expected to leave at the end of the year following a transitional period while remaining as a non-executive director on the Standard Chartered Bank US risk committee, subject to regulatory approval.
«At the same time, I would like to thank Sadia for her significant contributions in driving a client-focused, risk-aware approach, and navigating a complex and uncertain external environment. She has also been a passionate champion in promoting our diverse and inclusive culture,» Winters added.
