Amitabh Singhania

Amitabh Singhania - - ACA, BTRM, Chartered MCSI, PIOR Background and Experience D Thoroughbred financial services (CISI, FCI), risk (SMF4, FRM, BTRM, PRMIA, IOR) and assurance (ACA) professional D Track-record of developing and implementing prudent risk, governance, control, monitoring frameworks; portfolio-management strategies in emerging, developed markets; leading change, delivering tangible results D SME for enterprise risk, end-to-end trade, credit risk through the cycle; actively engaged in counterparty credit risk, exposure, exception management and root cause analysis to ensure value-accretive decision-making D Global bank, international bank, challenger bank, fintech – retail/private banking, wealth management, midtier/wholesale banking, treasury; business, risk management, compliance, audit, assurance experience D Adept at business intelligence, data management – scoping, mining, analysing, presenting for revenue, risk, assurance decision-making Value-Add Risk London (UK) Feb 2018 onwards We assist global, regional investment banks, commercial banks and private banks to: • Set-up risk management/governance frameworks afresh, assess robustness of existing arrangements • Deliver effective risk management solutions across all risk disciplines, exposures; mandates include: o Assessing, reviewing, sanctioning and monitoring exposures; ILAAP, ICAAP, RRP, risk appetite o Debt, equity, markets, traded risk, trade finance, structured facilities, Lombard transactions o Performing and non-performing – going concern, insolvency, recovery, resolution cases o Frontier, emerging and developed markets’ exposures, assessment/testing of key controls • Address regulatory action, remediation – including section 166 skilled-person/thematic reviews • Execute forensic, root-cause analysis and investigation for operational risk, financial crime matters • Identify knowledge, skill gaps; customise and deliver training programs across all seniority levels Emirates NBD Bank London (UK) Oct 2014-Feb 2018 As Chief Risk Officer, I was responsible for ERM including Credit, Liquidity, Market, Operational, Regulatory and Reputational risks for the Retail/Private Banking (UHNW/HNW, trust; real estate/Lombard/unsecured), Wealth Management (equity, debt, funds, structured products, cash) businesses, Wholesale Banking (corporate, financial institutional lending/correspondent banking), Trade Finance and Treasury businesses. Approved as SMF4 by PRA/FCA under the Senior Managers’ Regime, I led a team of eight and reported directly to the Group Chief Risk Officer. The role required me to: • Chair All Risks Committee, be a core, voting member of ExCo, ALCo, Investment committee, • Have full risk management and governance oversight while also being an executive on various fronts • Oversee management of all risks; document, challenge and test key controls • Exercise my independent delegated credit risk approval authority extensively • Oversee Credit Risk Middle Office which includes loan documentation/administration, MIS reporting Given the responsibility to set up a new risk function, I proactively delivered value on various fronts, including implementation of: (i) Risk control framework; (ii) Forward-looking risk culture; (iii) Comprehensive operational independence; (iv) New products/processes. Royal Bank of Scotland London (UK) Jan-Mar 2014 As Credit Policy Manager (Markets & International Banking), I was responsible for creation, development, implementation, review of global suite of credit policies/procedures and relevant controls. This involved building consensus by dialogue with geographical, functional stakeholders. Approvals were obtained at senior-level governance committees following presentations made by me as subject matter expert. Page 1 of 3 Amitabh Singhania - - ACA, BTRM, Chartered MCSI, PIOR Standard Chartered Bank London (UK), Dubai (UAE) Dec 2004-Nov 2012 May 2011-Nov 2012 As Executive Director/Senior Credit Officer (Global Corporates), I executed credit risk approvals under a large sole sanctioning authority and governance role, including ensuring compliance with controls, for facilities in Europe, Americas, Asia/Middle East/Africa. Achievements include: • Documenting key success factors across several industries – mining/metals, oil & gas, telecom, energy, media, chemicals, transportation, engineering, FMCG, food/beverages, packaging, commodities, tobacco, luxury, retail, hospitality, financial institutions, private equity, etc. covering SE Asia, the Indian sub-continent, the Middle East, Africa, Turkey, France, Germany, Scandinavia, the UK and the Americas • Clinically challenging relevant parts of business proposals, deal metrics, precedents to ensure exposures either fully comply with strategy, policy, regulation with exceptions adequately mitigated • Active participation in and contribution to the independent risk/compliance internal audits of corporate/investment banking portfolios for geographies including China, Hong Kong & Singapore Feb 2010-May 2011 As Executive Director/Senior Credit Officer (Diamonds & Jewellery), I approved global credit exposures for SCB’s multinational portfolio of assets for this private, close-knit industry. Key achievements: • Obtained an in-depth understanding of the value chain, critical success factors and stakeholders • Formulated the debut Underwriting Standards, the Portfolio Parameters and the Credit Risk Appetite Framework/Strategy paper for the Bank’s multi-billion-US-dollar global portfolio Jul 2008-Feb 2010 As Director/Senior Credit Officer (Trade Risk), I was responsible for approving trade, factoring/supply-chain financing exposures across many industries and also all assets for regional clients. Achievements include: • Formulation (for subsequent global replication and rollout) of: (1) Portfolio Standards for the Wholesale Banking business; and (2) Underwriting standards for the supply chain financing business May 2006-Jul 2008 Key contributions as Associate Director (Transaction Banking) for working capital needs of multiple portfolios for conventional banking and Islamic banking products: • Proactively supported clients to structure deals and credit risk approvers to thoroughly assess risks • Identified new relationships, enhanced portfolio earnings and sustainable/capital-efficient revenues Dec 2004-May 2006 As Associate Relationship Manager (Global Corporates), I was responsible for: • Client interface, credit analysis, deal negotiations including documentation (loan/trade, ISDA/CSA) • Presenting credits, deal execution and appropriateness/suitability; post trade/transaction monitoring • Full compliance including controls, regulatory TCF, financial crime (KYC, AML, ABC, PEP, sanctions) ICICI Bank Limited / ICICI Limited Mumbai/Ahmedabad (India) Nov 1999-Nov 2004 Relationship Manager / Corporate Markets Advisor (Corporate & Investment Banking) - As part of India’s oldest and largest Development Financial Institution, which became India’s largest private sector bank, I: • Managed relationships for a complex portfolio of large corporates covering various industries – construction, infrastructure, plastics, textiles, pharmaceuticals, engineering, printing, IT, metals, etc. • Also had direct responsibility for structuring deals for both the ‘work-out’ and ‘good-book’ portfolios • Was given authority to represent the lender at clients’ AGMs, consortia meetings and adjudication Page 2 of 3 Amitabh Singhania - - ACA, BTRM, Chartered MCSI, PIOR RPG Itochu Finance Limited Delhi (India) Jan 1998-Nov 1999 Manager (Finance, Treasury, Risk) – At this Indo-Japanese strategic non-banking financial institution JV for financing passenger cars, commercial vehicles and construction equipment, my responsibilities included: • Supporting lending proposals and the Asset-Backed Securitization (ABS) portfolio for credit approval • Optimizing the fixed income securities portfolio, banking and regulatory liaison • Monthly, intermittent reporting to the JV partners - Itochu Corporation (Japan) and RPG group (India) Ernst & Young International (EY) Delhi (India) Aug 1994-Jan 1997 As Senior Associate, I: • Conducted a variety of audits (statutory, internal, tax, specialized) and other confidential mandates • Qualified fully as a Chartered Accountant (ACA) in the minimum time possible • Providing assurance reports including design, documentation, operation and testing of key controls Academic and Professional Background • Chartered MCSI with the Chartered Institute for Securities & Investment (CISI), UK o Individual charter holder • Bank Treasury Risk Management (BTRM), UK o Gold-standard Treasury, Finance & Risk program covering TOM, strategic ALM, Basel 3, VaR, XVAs, securitization, stress-testing/scenario analysis, ILAA, ICAAP, RRP o Was awarded a distinction; am now course faculty • Professional Member – Institute of Operational Risk, UK • Financial Risk Manager (FRM) I with Global Association of Risk Professionals (GARP), USA o Qualified at first attempt • Diploma in International Factoring – Factors Chain International (FCI), Netherlands o 2008 program; missed distinction by 2 marks • International Corporate Finance at Indian Institute of Management (IIM), Bangalore o 2004 cohort • Chartered Accountant (ACA) o Qualified May 1997 – first attempt • Bachelor of Commerce (Honours) o Batch of 1994/95 • Professional Risk Managers’ International Association (PRMIA), USA o Part of Risk Leadership team • Association of Foreign Banks (AFB), UK o Risk Committee member • Core Credit Curriculum o A 12-day advanced credit risk management program followed by a written examination • Counterparty Credit Risk in Derivatives o Program to recognize, quantify, mitigate counterparty risk, documentation, legal risk • Controlling the Risks of Complex Transactions o Program to identify and manage risks inherent in complex bank transactions • Bonds & Swaps o A Tullett Prebon program • Advanced Project Finance o A Euromoney UK program; awardee Page 3 of 3