Cambridge appoints new Chief Risk Officer

August 3, 2022

The Cambridge Building Society has appointed Sandhya Kawar as its new Chief Risk Officer and member of the Board.

Sandhya joined The Cambridge in January this year to lead the society’s Risk and Compliance department.

She was recently confirmed in the position following approval by the financial regulators.

“I was thrilled to have the opportunity to come to The Cambridge to lead the Risk and Compliance team,” said Sandhya.

“I am constantly impressed by the passion and commitment shown by everyone in the department, and across the Society, for protecting our members, our people and the widely public.”

Chief Executive, Peter Burrows, said: “We are delighted to welcome Sandhya to our Board. She brings a unique combination of strong technical capability combined with a mutual ethos and culture. I am confident she will make a real difference to our risk management capability, to the benefit of the Society and all its members.”

Since joining The Cambridge Sandhya has further strengthened the risk management capabilities and resources of the Society, including overseeing its recently teaming with Cambridgeshire and Peterborough Against Scams Partnership (CAPASP) a local scam prevention initiative aimed at raising awareness and sharing resources about scams and financial crime.

Sandhya has a BSc from the London School Economics and an MSc from Warwick University, in Economics.

She started her career as an Economist at the Bank of England in 2004, where she was responsible for stress testing banks and building societies during the Global Financial Crisis.

She also worked as a risk consultant at Deloitte and within the Risk and Operations teams at M&G. She was most recently Head of Risk at Britain’s oldest private bank, C. Hoare & Co.