Mr. Karim was named CIB’s Chief Risk Officer and member of the bank’s Management Committee in 2022. He is responsible for the Risk organization and provides oversight of the bank’s spectrum of risk-taking activities encompassing financial risks including credit, market, liquidity as well as other core risks such as operational, third-party, technology, reputation, strategic, model and social & environmental, with controls and governance established for each area as appropriate.

Mr. Karim has over 25 years of experience in Enterprise Risk Management (ERM) and Asset & Liability Management (ALM) in the banking sector. He has worked in both developed and emerging markets, leading and implementing comprehensive and effective ERM and ALM frameworks, ensuring all risks are effectively managed within the defined risk appetite; taking into consideration the economic and regulatory challenges. In addition, he has successfully managed key initiatives related to process reengineering, strategic project management and risk transformation.

Mr. Karim commenced his career in Risk Management in Canada with the Bank of Montreal and then joined Toronto Dominion Bank. He later moved to Bank ABC, Bahrain where he held various senior roles in Risk Management. In 2009, he joined CIB and held various positions such as the Head of ALM, Head of Risk Management and Head of ERM with the mandate to expand and transform the areas into a comprehensive function as per best practice which was successfully achieved.

Mr. Karim received a Masters of International Business in Finance from the University of San Diego, USA and holds a Bachelor of Science in Finance from Arizona State University, USA. He holds the following certifications:

  • QRD (Qualified Risk Director®), DCRO (Directors & Chief Risk Officers) Institute,USA
  • GAICD (Graduate Australian Institute of Company Directors), AICD, Australia
  • ISO 31000 Risk Manager, PECB, Canada
  • The ACI (Association Cambiste Internationale) Diploma, UK.

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