People moves in the op risk industry

Changing Hats

Having the right people is vital for private equity businesses

SHAHAB SYEDShahab Syed has been appointed group head of operational risk at Abu Dhabi Commercial Bank. Syed joined from the Arab Banking Corporation, where he was head of operational risk for more than four-and-a-half years. In his new role, Syed will be responsible for the development of operational risk policy, guidelines and governance structure. Before working at Arab Banking Corporation, Syed spent two years at US government-sponsored enterprise Freddie Mac, where he developed and implem