Finance

StanChart announces new chief risk officer

Published by Global Banking & Finance Review

Posted on July 29, 2025

1 min read

· Last updated: January 22, 2026

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StanChart announces new chief risk officer
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LONDON (Reuters) -Standard Chartered has appointed Jason Forrester as its new Chief Risk Officer, the British bank said on Tuesday. Forrester joined the lender five years ago and is currently Co-Head,

Standard Chartered Appoints Jason Forrester as New Chief Risk Officer

Leadership Changes at Standard Chartered

LONDON (Reuters) -Standard Chartered has appointed Jason Forrester as its new Chief Risk Officer, the British bank said on Tuesday.

Background of Jason Forrester

Forrester joined the lender five years ago and is currently Co-Head, Chief Risk Officer, Corporate & Investment Banking, it said.

Impact on Corporate & Investment Banking

Forrester previously worked at Credit Suisse for 21 years, and replaces Sadia Ricke, who is leaving the bank, StanChart said.

Upcoming Financial Results

The Asia, Africa and Middle East-focused bank reports its first half financial results on Thursday, with investors focused on whether it can sustain recent momentum in growing revenues while managing risks associated with market turmoil from U.S. President Donald Trump's trade tariffs.

(Reporting by Lawrence White, Editing by Louise Heavens)

Key Takeaways

  • Jason Forrester appointed as StanChart's Chief Risk Officer.
  • Forrester has a 21-year history with Credit Suisse.
  • He replaces Sadia Ricke at Standard Chartered.
  • Leadership changes impact Corporate & Investment Banking.
  • Upcoming financial results to reveal revenue growth.

Frequently Asked Questions

What is a Chief Risk Officer?
A Chief Risk Officer (CRO) is an executive responsible for identifying, analyzing, and mitigating internal and external risks that could affect an organization's capital and earnings.
What is corporate banking?
Corporate banking refers to the suite of financial services provided to corporations, including loans, credit, treasury management, and investment services.
What are financial results?
Financial results are the summary of a company's financial performance over a specific period, typically including revenue, profit, and expenses.

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