As part of its ongoing commitment to developing and supporting local talent, HSBC Bank Oman S.A.O.G. announced that Sulaiman bin Said Al Lamki has been appointed as Chief Risk Officer. Supporting the country’s aim of increasing the number of nationals holding senior positions, Al Lamki will play a key role leading the Bank’s risk management function, working closely with regional and global risk practitioners, as well as the senior team in Oman, to provide clear direction and sound judgement on all risk matters.
With the complexity of the business environment and rapid changes in the market, the role of the risk management team has an increasingly visible profile. As Chief Risk Officer, Al Lamki will be responsible for Wholesale & Market Risk, Retail Credit, Operational Risk, Risk Strategy and Security & Fraud Risk. The risk function plays a key role helping the Bank to avoid potential future risks and in protecting the employees, assets and reputation of the Bank, while supporting its goals to grow shareholder value and profitability.
Andrew Long, Chief Executive Officer, HSBC Bank Oman, said “Sulaiman joined HSBC Bank Oman last October and has been working in our Regional Risk function in Dubai for the last six months. He has extensive international experience and local knowledge. Having worked in global financial services for over 18 years, including the Royal Bank of Scotland Group in the UK, where he held a global chief risk officer role, and also with Credit Suisse, Deutsche Bank and KPMG, he has all the necessary experience and demonstrated the requisite leadership characteristics to support of our vision to become the leading bank in Oman.”
The Bank continues to increase the number of Omani nationals in senior roles throughout the organisation, demonstrating its support of government initiatives to increase the local workforce by providing clear career progression paths, from junior roles into senior management positions. The Bank currently employs over 1,100 employees across the Sultanate of Oman.
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