Nada Awad Rizkallah is presently the Head of Risk Management and Strategy at Group Credit Libanais, one of the top 8 Lebanese banks and a Board member in one related company. Nada enjoys over 35 years of banking experience focusing on the areas of Operations, Corporate Banking, Risk Management, Compliance/AML, Implementation of AML systems, Moody’s Internal rating model and bank core system, and leading the implementation of the Basel 2/3 Accord and IFRS 9. Her experience, within various large financial institutions in Lebanon and the Gulf Region, has made her an expert in the banking field and especially with the Basel accord.
In her present position, Nada is handling several responsibilities spanning from preparing and animating Board risk and governance committees for the Parent Bank Credit Libanais and its banking subsidiaries; preparing the bank strategy and risk Management policies/ ICAAP process; main driver of the bank’s roadmap to Basel & IFRS 9 implementation; Credit Risk Management including rating models and portfolio management; Market Risk management and monitoring the bank’s liquidity ladder, Interest rate Gaps and performing stress testing scenarios; Operational Risk Management; Senior executive on the Business Continuity Planning board committee; initiating and following up on the implementation of the main IT projects of the bank; and responsible for the preparation of the Corporate Governance Policies and charters in the Bank. Nada also prepares the Risk Report to the CL Board Risk Committees and presents it to the Board members. Nada is a member of all the Senior Executive Committees of the Bank. (ALCO, Executive Management Committee; AMLC; ITSC; Information Security Committee; Credit Committees; Human Resources Committee; BCP committee; Foreign Entities Committee).
Nada held several senior positions in large local and international banks including Credit Suisse in the various Branch & Operations Departments, in ABN AMRO Abu Dhabi as Head of Corporate Banking and in ABN AMRO Lebanon, Banque Libano-Française as Group Head of Risk Management and Compliance/AML and Credit Libanais as Group Head of Risk Management and Strategy with a previous position as Head of Organization, Planning & Strategy.
Nada holds a BA in Economics from the American University of Beirut and a master’s degree in Banking & Finance from HEC- St Joseph University Beirut; she is also a certified Operational Risk Manager and Prince II project Manager. She actively participates as a speaker in several local and international trainings and risk forums, provided by large international training firms and banks and is regularly involved in developing and delivering training and advisory programs on various Banking topics related to Risk Management, Governance, IT, IFRS, Compliance, Fraud Management, Data Governance, etc. (IFC governance Program, WUAB; Moody’s, Central Bank of Lebanon; Terrapin, Misys, American University of Beirut, etc.). She also participates with large well-known large universities in the candidates’ selection process of master’s Executive Programs (ESA). Nada is also actively participating with several organizations towards the empowerment of women in Board of Directors and in Society.