Q&A: challenges and opportunities in African banking

Risk at the frontier


Caben Thancanamootoo is the London-based head of operational risk at BMCE Bank International, the overseas investment arm of African banking group BMCE. Here he talks to Operational Risk & Regulation about business opportunities in Africa and the specific operational risk challenges of doing business there.

OpRisk: Why is Africa such an attractive proposition for investors?

Caben Thancanamootoo: Africa has always held the allure and opportunity of a frontier to the outsider. It's always been lik