MENA’s leading international bank announces the appointment of Sedgwick Joseph as its new Group Chief Credit and Risk Officer. He had been serving as the Chief Risk Officer for Bank ABC in Europe since December 2015 and with this promotion, he will be joining the Group’s headquarters in Bahrain.
With this new role, Sedgwick also joins the Bank’s Management Committee (Mancom) and will be reporting to the Group CEO, Dr. Khaled Kawan, and to the Board Risk Committee. Sedgwick will be responsible for Group Credit and Risk functions and will work closely with both the business and support functions to aid the Group strategy as well as further enhance the Group Credit and Risk Management framework and capabilities.
Commenting on this development, Dr. Khaled Kawan, said: “We are excited to appoint Sedgwick as our Group Chief Credit Risk Officer. His appointment takes advantage of the distinct opportunities that exist within Bank ABC globally, in a glaring example of our commitment as a Group to grow talent from within the organization.”
Dr. Kawan added, “I have had the opportunity to work with Sedgwick in recent years and have seen first-hand his deep commitment to maintaining and promoting the risk culture of our Group. He fully deserves this recognition and I have no doubt that he will continue in his new role to make a significant contribution.”
On his part, Sedgwick said that “it has been a great experience contributing to the management and transformation of the Bank’s risk journey and our progress and achievements so far are indeed impressive. I am truly looking forward to building upon this success and taking our risk management framework to new levels.”
Sedgwick has over 25 years of banking experience across credit, risk management, portfolio management, and analytics. Prior to joining Bank ABC, Sedgwick worked with a number of leading banks holding both country and regional roles across multiple geographies, including Europe, the Middle East, Asia, the US, and Africa.
Sedgwick has a master’s degree in business and a bachelor’s degree in engineering. He is a regular speaker at Risk Management & Credit conferences.