Meet the talented people behind Africa Risk Management & Compliance Partners.
Managing Partner, Governance, Operational Risk Management and Internal Controls
Saldys is an operational risk, internal controls, governance and regulatory compliance professional with over 20 years of Tier-1 Financial Services experience across corporate and investment banking, asset management and asset servicing. He specialises in the design, implementation, management and transformation of governance, risk, internal controls and regulatory compliance frameworks and culture across the enterprise. He has extensive experience working in the UK and Sub-Saharan Africa with organisations such as JP Morgan, Barclays, Absa, Credit Suisse, BNY Mellon and Deutsche Bank. He holds a degree in civil engineering and is a chartered management accountant. Saldys was the founder and chair of the Barclays Africa Forum.
Mamakoh Ruth Magona
Chief Operating Officer
Mamakoh Ruth, with over 25 years of leading programmes and projects, is an experienced professional with a flexible, pragmatic and proactive leadership style. She has applied her skills to a number of businesses both within the private and public sectors, including banking and finance as well as engineering and government, adapting as necessary. She has successfully delivered programmes and projects valued in the millions(£). Mamakoh has developed and implemented a number of complex business strategies. As a proud African she is looking forward to working with and collaborating within the continent.
Credit Risk Management
Andy is a seasoned credit risk professional (with over 30 years’ experience) working at Barclays and Standard Bank of South Africa in a number of senior risk roles. He has significant experience working with African banking entities over the past 10 years and driving transformational change activity. His broad experience includes full E2E CRM covering retail, corporate and private banking asset classes. He has operated at Chief Credit Officer and Chief Risk Officer level on African portfolios and Chief Operating Officer responsible for change and transformation across Africa entities. He is an associate of the Chartered Institute of Bankers and MBA.
Regulators, Corporate Governance, Compliance, Ethics and Culture
David is recognised as one of the UK’s leading proponents on regulatory compliance, ethics, governance and culture in financial services. A visiting Fellow of Cambridge Judge Business School, he has worked in regulation, ethics and education for over 20 years. He was head of education, training and competence, industry training and business ethics at the FSA. David led and chaired the ground breaking Financial Services ISO (22222) standards for financial planning and is the author of ‘The Compliance Revolution’, published in 2015.
Financial Crime, Third Party and Country Risk specialist
Andrew is an experienced risk management and compliance professional with over 10 years industry experience specialising in Financial crime (AML and KYC); Third party risk, Business due diligence; Anti-bribery & corruption and Country risk assessments. He is a seasoned Africa-focused consultant having worked for KPMG, Kroll and Control Risk. He has advised on projects in 15+ African countries for large deals for FTSE 100 companies, investment houses and development agencies. Andrew holds a B.A LLB degree from the University of Cape Town, South Africa.
Investment Risk Management
Kevin is an investment risk management professional with over 30 years experience working for major asset management and private banking institutions across Asia, Europe, North America and Africa. He is a fixed Income Investment specialist and has held numerous senior executive positions, including Chief Investment Officer (CIO). Kevin has direct African experience having spent 10 years as a Managing Director with Standard Bank both investing and serving across our continent. He is passionate about Africa; and passionate about investment risk management capacity building and skills development within Financial Institutions across our continent. Kevin holds a BA from Georgetown University and MPhil from Cambridge University.
Cybersecurity Risk Management
Rasheed is an experienced Risk Management Consultant specializing in Cyber security and Financial Crime Compliance. He has worked as a Risk Management Consultant at Deutsche Bank, Royal Bank of Scotland and at the Big 4 Professional services firms focusing on banking clients such as Goldman Sachs, Lehman Brothers (in Administration), Lloyds Banking Group, JP Morgan. He holds Master’s in Management from the London School of Economics, UK and a Bachelor’s degree in Electronics Engineering from Central University in India.
Data Protection Specialist
Samuel is a visionary leader with over 20 years’ experience of consultancy and analytical senior management in banking, manufacturing, consumer goods, logistics and technology sectors. A skilled credit risk monitoring and control professional, Samuel is highly experienced in risk transformations, regulatory and process changes and project delivery. He previously worked at American International Group (AIG), Barclays Bank, Royal Bank of Scotland (RBS), IBM and United Bank for Africa (UBA). Samuel is a Certified Data Protection Officer (CDPO) and holds MSc in Finance and Investment Management.
Dr Edward Odundo
Management Consultant - ARMC Kenya
Director, School of Pension and Retirement Studies (SPRS), Chairman of the Public Service Superannuation Scheme, Kenya (PSSS), Director at The Equity Group Holding PLc, Lecturer at the University of Nairobi School of Business
Former Chief Executive Officer of Retirement Benefits Authority (Kenya); President, of International Organization of Pension Supervisors; Director Nairobi Securities; Director Insurance Regulatory Authority; Commissioner of VAT at the Kenya Revenue Authority.
Specialises in Pensions, Tax, Corporate Governance and Financial Services.
He holds a PhD in Business Administration (Strategic Management) from The University of Nairobi, MBA degree in Strategic Management and Marketing and a BSc in Finance and Accounting. He is an alumni of Harvard University, John F. Kennedy School of Government (HSB), London School of Economics (LSE), and holds membership of several professional bodies.
Elias Okwara, CIPP/E, CIPP/US, specializes in cybersecurity, data protection and public policy. He previously served at the European Parliament and in the private sector worked at UpGuard in Silicon Valley, LexisNexis Risk Solutions and Duane Morris LLP.
Elias developed policy for NATO and the European Parliament Subcommittee on Security and Defence on matters ranging from rapid response capability to cyber defense. The U.S. Department of Defense’s successful March 2016 Hack the Pentagon Initiative is in keeping with recommendations that Elias’s group developed for the 2012 NATO Heads of State Summit.
Recently, he presented at the City of London Mayor’s Mansion House residence in the inaugural Cyber Trends program by the Global Cyber Alliance, where Elias focused on internet, data and systems cybersecurity.
Elias was a STAR (Students Tackling Advanced Research) Scholar in the Pennoni Honors College at Drexel University in Philadelphia, PA.
David Mayeku Balibali
Governance, Compliance & Risk Management Partner - ARMC Uganda.
Senior and seasoned Compliance Leader and Chartered Secretary. Founder of the Compliance role at Barclays Bank Uganda, now Absa Uganda nearly 20 years ago. Founding member of the Uganda Compliance Association co-opted into the current Compliance Committee of Uganda Bankers Association. Supported the establishment of the legal framework on Anti-Money Laundering. Provided founding leadership for Change Management, Operational Risk and Bank system integration. Vast experiences in mergers and acquisitions, core banking system integration, automated Compliance system implementation, customer remediation, alerts management, ethics, code of conduct, whistleblowing, Fraud and Forensic Investigation management.
Solomon J Samba
Solomon is recognised as one of Africa’s leading general insurance underwriters with over 40 years industry experience. Until his retirement in 2018, Solomon was the Managing Director of Aureol Insurance Company Limited a position he had held since 1996. His experience of the pan-African insurance market is unrivalled. Other roles have included President of the West African Insurance Companies Association (WAICA); Director of West African Reinsurance Corporation (WAICA Re); Lecturer and Chief Examiner of the West African Insurance Institute; Chairman and Co-Founder of the Sierra Leone Stock Exchange. Solomon is passionate about developing the next generation of Africa risk management professional. He was awarded the Officer of Order of the Rokel (OOR) for his distinguished and meritorious service in the field of Insurance, Insurance Education and Business.