AfrAsia Bank announces appointment of new Chief Credit Officer

With 39 years of experience at National Bank of Canada (NBC), Lynn’s knowledge and perspectives will be valuable as the bank continues its focus on diversified, quality loan growth and strengthening its loan portfolio.

Lynn Dallaire has held various positions in internal audit, commercial account management, recovery management and consultancy at NBC, one of Canada’s leading banks as well as AfrAsia’s second largest shareholder. Equipped with a Master’s degree in Business Administration from the University of Quebec, Montreal, Lynn is also a fellow of the Chartered Institute of Bankers (FCBI).

Lynn will mainly manage the underwriting unit, oversee the loan review analysis process, and reinforce the loan policies, processes and procedures to ensure that the Bank’s credit quality is enhanced. This key addition to the team aligns itself with the bank’s strategy to develop credit competencies with the aim to enhance its competitive advantage on the market.

“Lynn is a veteran banker and is well qualified to lead our credit management division to the next growth stage. Her wide expertise and experience in various key markets will be extremely beneficial to our business”, stated Sanjiv Bhasin, CEO of AfrAsia Bank.

Lynn Dallaire shared her enthusiasm about her new role: “I feel privileged to be joining a team of passionate bankers and look forward to bring my contribution and experience to the long-term growth plans of the Bank. The role of the Chief Credit Officer has evolved over time and is now more and more strategic in supporting the businesses as well as understanding the risks and opportunities of emerging markets. I am particularly excited to share my knowledge and the best practices with the team and at the same time sharpen my understanding of the African market”.

The appointment of Lynn Dallaire reflects the commitment of AfrAsia Bank to continually invest in acquiring the right expertise to reinforce its team with the ultimate objective to deliver the right products and services while driving customer service excellence.