Santander International has appointed Richard Settle as the bank’s new Chief Risk Officer.
Richard, who joins Santander International from Euroclear UK and Ireland, will have responsibility for operational and credit risk, compliance, and financial crime compliance for the Jersey and Isle of Man branches.
With over 25 years’ experience in credit and operational risk, Richard has headed regulatory teams for global financial institutions and held senior risk roles with Deutsche Bank, Citi, UBS and Credit Suisse.
Richard commented: “I’m delighted to join Santander International at this key time in the bank’s growth, and look forward to working with the teams in Jersey and the Isle of Man, continuing to strengthen the bank’s systems and procedures to achieve the best results for all stakeholders”.
As well as overseeing compliance for Santander International and acting as the Money Laundering Reporting Officer, Richard will serve as an Executive Director on the Santander Financial Services Plc Board and will be a member of the Santander Financial Services Plc Executive Committee.
James Pountney, Managing Director, Santander International, commented: “Richard has an incredible knowledge of risk in financial services and vast levels of experience managing risk and compliance teams in the evolving regulatory landscape”.
