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The Bank of London strengthens executive bench with the appointment of Aris Asimakis as CRO
The Bank of London strengthens executive bench with the appointment of Aris Asimakis as CRO

Finextra

time2 days ago

  • Business
  • Finextra

The Bank of London strengthens executive bench with the appointment of Aris Asimakis as CRO

The Bank of London is pleased to announce the appointment of Aris Asimakis as Chief Risk Officer ('CRCO'). 0 In his new role, Aris will lead the optimisation of the Bank's risk and compliance framework across enterprise risk management, capital and liquidity planning, recovery and resolution preparedness, risk governance, and economic crime prevention. With over 20 years of risk, regulatory and professional services experience - including roles at the Prudential Regulation Authority and commercial banks such as Zempler Bank, where Aris served as CRO for more than six years - he brings a wealth of expertise. At Zempler, Aris led the development of the Enterprise Risk Management Framework and Board risk reporting and played a key role in securing the bank's full licence in 2021. Prior to that, Aris held senior roles at Vanquis Bank and Tesco Bank. In his new role, he will help transform the Bank by strengthening regulatory engagement, refreshing risk appetite and KRI frameworks, and enhancing risk governance. Aris Asimakis commented: 'Joining the Bank of London at this pivotal point in its growth journey, I look forward to advancing the Bank's risk governance and driving transformation - including the safe adoption of emerging technologies - as we work to create a simpler, safer, and better‑governed platform for clearing and payments.' Christopher Horne, CEO, the Bank of London said: 'Aris's proven ability to implement risk appetite across functions - meeting customers' expectations decisively and transparently - was immediately clear to me. I'm thrilled to welcome Aris to the team and am confident that together, the Bank will continue to unlock sustainable growth.' This senior appointment, the fifth announced in 2025, marks the next step in the Bank of London's transformation strategy, backed by over £75 million in committed funding and investment led by Mangrove Capital Partners. Last month, the Bank announced the appointment of Hana Rolles as Chief Commercial Officer. Under its new leadership team, spearheaded by Christopher Horne, and with new owners, the Bank is dedicated to achieving operational excellence, driving digital innovation, and shaping the future of financial services.

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