The British Business Bank has appointed Chantal Geall as its new Chief Risk Officer (CRO), effective from September 2023. Chantal Geall joins the British Business Bank from Lumon Pay, a private equity-backed firm that provides payment services and foreign exchange to private individuals, small businesses and institutions.
As part of her role, Chantal built their risk function from scratch and established the firm’s enterprise risk management framework, focusing her attention on embedding a strong risk awareness culture throughout the firm.
Prior to Lumon, Chantal was CRO for Homes England and has held senior roles at The Co-Operative Bank plc and Royal Bank of Scotland where she was Chief Credit Officer for Europe, the Middle East and Africa.
Chantal Geall commented: “I am delighted to have the opportunity to lead the Risk function at the British Business Bank and partner with the CEO and Executive team to enhance its strong risk culture and robust risk management framework. I look forward to the Risk team working with the business to optimise support for smaller businesses and deliver the Bank’s goals of driving sustainable growth, backing innovation and unlocking potential, whilst working to build the modern, green economy.”
Louis Taylor, Chief Executive Officer, British Business Bank said: “I’m very pleased to welcome Chantal as our new Chief Risk Officer, at a time of renewed focus for the Bank on risk assessment and mitigation, including countering fraud and financial crime. Chantal brings a wealth of experience from across the private sector and banking institutions and I look forward to working with her as a key member of our Senior Leadership Team and Executive Committee.”