Simba Mabhena

Experienced risk management technical specialist with over 22 years of experience in banking and financial services across SSA, Middle East and Asia. Considerable hands-on, operational level experience combined with C-Suite and Board level experience ( Board Risk Committee and Board Credit Credit Member)

• Developed and implemented the FIG Advisory COVID-19 Risk Management Program to support IFC clients to understand the impact of Covid-19 on their asset quality, capital and liquidity and develop mitigating action plans.
• Demonstrated commercial acumen - successfully managed a $5bn fixed income portfolio of liquid assets for SCB generating annual revenues of $80m.
• Supported various IFC FIG investment due diligence working closely with Banking Specialist in Middle East and Africa.
• Designed the COVID-19 Risk Management response for FIG Advisory focusing on building stress testing capabilities in financial institutions.

I was a Board member for Standard Chartered Bank Zimbabwe from 2014 until 2016. In my role, I was also a key member of the Board Credit Committee and the Board Risk Committee with the following responsibilities:

Board Credit Committee Responsibilities

• Oversee the credit risk management of the Bank, including reviewing the loan portfolio and monitoring of large credit exposures.
• Approve / review the credit risk policy and lending guidelines at least once a year.
• Approve / decline credit applications in accordance with the Bank’s Credit Risk Policy when exceeding limits delegated to MCC.
• Review and approve any deviations from the Bank’s Credit Risk Policy.
• Ensure that management establishes adequate credit assessment processes and effective controls to identify any deterioration in the loan portfolio.
• Approve any delegation of credit approval authority to Head of Credit Risk and Management Credit Committee.
• The monitoring of impaired Credit and overall level of provisioning needs to be approved by both Board Credit Committee and Board Risk Committee.
• Review of Restructured facilities shall be approved by both Board Credit Committee and Board Risk Committee.

Board Risk Committee Responsibilities

• Advising the Board on the overall risk appetite and risk strategy, and monitors the implementation of the stated risk appetite and risk strategy by the senior management level.
• Overseeing the current and forward-looking risk exposures including under stress and different stress test scenarios.
• Reviewing the risk appetite statement and its consistency and alignment with strategic, capital and financial plans and compensation practices.
• Overseeing the management's implementation of the risk appetite statement, risk reporting, strategies for capital and liquidity management as well as for all of the bank’s relevant risks (financial and non-financial), such as credit, market as well as operational, reputational and legal risks, to ensure they are consistent with the stated risk appetite, overseeing that the management Board has in place processes to promote the adherence of to the applicable risk policies and regulations.
• Reviewing and approving Risk Management policies and procedures, Risk Appetite Statement, Risk Management Principles, Internal Liquidity Adequacy Assessment Process, -