Edward O’Hara takes up post of chief risk officer at British Business Bank

The British Business Bank today welcomes Edward O’Hara as its new chief risk officer.

As the UK government’s economic development bank, the Bank’s mission is to help drive economic growth by making finance markets work better for small businesses, enabling them to prosper and grow. A key part of the delivery of its objectives is the management of taxpayers’ money efficiently within a robust risk management framework.

Edward joins the Bank from The Commonwealth Trade Bank Plc, where he served as chief risk officer from early 2017. He has had an extensive career in risk and strategic leadership positions in a wide variety of international banking and finance institutions, including in the UK, USA, Poland and Bulgaria.

Keith Morgan, British Business Bank CEO, said: “Edward joins the British Business Bank at an exciting time for our organisation, which is going through an ongoing and rapid expansion. As we do so, it’s important that we continually assess and mitigate against our key risks as we seek to deliver more of the finance that smaller UK businesses need to fulfil their potential.

“I’d like to welcome Edward to the Bank and look forward to working with him as a key member of our executive committee and senior leadership team.”

Edward O’Hara said: “I am delighted to be joining the British Business Bank as chief risk officer at this exciting time, and am looking forward to working alongside such a motivated and dynamic team to help the Bank in its mission to make finance markets work better for smaller businesses.”