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Risk Management News Updates, June 15th 2011

This week's risk management news includes Country Club Bank’s new chief credit risk assessment officer, IFC improving Credit Agricole’s interest rate risks, and Citi Indonesia’s new country head.

June 15, 2011 | The Asian Banker Editor

 

Citi names new Indonesia country head after fraud
Citigroup has appointed Tigor M Siahaan as new country head for Indonesia following a torrid three months when a relationship manager was arrested for allegedly embezzling clients' money and a card client died after he was questioned by debt collectors.

IFC helps Armenian Bank improve risk management

IFC, a member of the World Bank Group, and Armenia’s ACBA-Credit Agricole Bank signed an International Swaps and Derivatives Association master agreement, which will support ACBA-Credit Agricole to better manage its currency and interest rate risks, and help improve its competitiveness and profitability.

Robert Healy joins Country Club Bank as chief credit risk assessment officer
Country Club Bank has announced the appointment of Robert Healy to the executive position of chief credit risk assessment officer. He serves as the principal liaison between the bank, the board of directors’ audit committee and regulatory agencies, and is responsible for oversight of loan portfolio risk management and ensuring adherence with banking regulations.

Re-disseminated by The Asian Banker

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Risk And Regulation Working Group

Keywords:Citigroup, IFC, Credit Agricole, Country Club Bank