Scotiabank, Canada's international bank, has appointed Daniel Moore, currently executive vice president and chief market risk officer, as chief risk officer, effective April 3. Moore will succeed Stephen Hart in this role, who is expected to retire after a career spanning almost 40 years.
Hart held a variety of senior positions at Scotiabank in credit and risk management in the United States and Canada, and for the last four years he led Global Risk Management as chief risk officer, reporting to Brian Porter and the risk committee of the board.
Moore became executive vice president and chief market risk officer in November 2016. Previously, he ran the Global Banking and Markets business in Asia-Pacific. Moore joined Scotiabank in 1997 in Risk Management and his previous roles include launching the Global Banking and Markets business in Ireland, Head of Cross Markets, and Structured Products, and senior roles in Energy, Credit, and Equity Derivatives. He brings a strong focus in developing risk management strategies that align with the bank's risk tolerance, business objectives and customer focus.