XacBank welcomes Mr. Torsten Kleine Buening as its new Chief Risk Officer
Mr. Torsten Kleine Buening was appointed as Chief Risk Officer at XacBank in January 2017. He is responsible for managing Credit, Market, Liquidity and Operational Risk and Compliance. He joined XacBank from Standard Chartered, where he served as Head, Governance for Enterprise Risk Management.
Torsten is an experienced risk practitioner with 16 years of experience covering conventional and Islamic Finance in developed and emerging markets. His career spans across a diverse range of leadership roles for risk and capital management, risk governance and modelling in regional and multi-national financial institutions as well as start-ups and risk related roles in consulting. Further, Torsten drove projects and change initiatives including a Basel II implementation across 11 countries.
Torsten draws his experience from engagements in US, Europe, Middle East and most recently Singapore; and holds a degree as Diplom Wirtschafts-Informatiker / Master of Science on Information Systems of Westfaelische Wilhelms-Universitaet Muenster / Germany.
We wish the best to Mr. Torsten Kleine Buening on behalf of everyone at XacBank.