Insight & Analysis

Press release: BACB appoints new chief risk officer

Published: Feb 2022

31st January 2022 – British Arab Commercial Bank (BACB), the specialist bank for African markets, has appointed Isabella Pateman as its new Chief Risk Officer (CRO), pending regulatory approval.

Newspaper press release

With diverse experience across international banking, enterprise risk management, and governmental organisations, her expertise is a valuable addition to BACB’s executive committee. She will report directly to CEO Eddie Norton.

Pateman was previously responsible for risk management activity at Homes England, having joined in 2016 before rising to CRO in 2021. Prior to Homes England, she was at HSBC focusing on risk management in corporate debt restructuring. She was made Head of HSBC’s Global Banking and Markets Loan Management Unit in 2013. She also held a Non-Executive Director position for over four years at Sayers the Bakers.

Pateman’s appointment follows several key senior hires at BACB in the past year.

BACB CEO Eddie Norton comments: “I’m delighted to welcome Isabella to BACB’s executive committee. Her experience in global markets, international banking and the UK real estate sector will make her an invaluable addition to our leadership team. Along with other key senior appointments over the past year, Isabella’s expertise will guide our strategy moving forward as we continue to pursue safe, sustainable growth for the bank and our clients.”

Isabella Pateman adds: “I look forward to joining the team at BACB and to continue the fantastic work already undertaken to de-risk the bank’s legacy and deliver on its efficiency and resilience agenda.”

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