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The Cambridge Building Society has appointed Sandhya Kawar as its new chief risk officer and a member of the board.
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Recently confirmed in the position following approval by the financial regulators, Kawar joined the business in January this year to lead its risk and compliance department.
Commenting on her appointment, she said: “I was thrilled to have the opportunity to come to The Cambridge to lead the risk and compliance team.
“I am constantly impressed by the passion and commitment shown by everyone in the department, and across the Society, for protecting our members, our people and the wider public.”
Since joining the firm, Kawar has further strengthened the risk management capabilities and resources of the society. This includes overseeing its teaming with Cambridgeshire and Peterborough Against Scams Partnership, a local scam prevention initiative aimed at raising awareness and sharing resources about scams and financial crime.
She started her career as an economist at the Bank of England in 2004, where she was responsible for stress testing banks and building societies during the global financial crisis. She also worked as a risk consultant at Deloitte and within the risk and operations team at M&G.
Commenting on the appointment, Cambridge Building Society’s chief executive Peter Burrows said: “We are delighted to welcome Sandhya to our board.
“She brings a unique combination of strong technical capability combined with a mutual ethos and culture. I am confident she will make a real difference to our risk management capability, to the benefit of the Society and all its members.”
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