The Arab Banking Corporation (ABC) has appointed Sharon Craggs as a new head of Group Compliance at the bank’s headquarters in Bahrain.

Craggs will join ABC on August 1.

Craggs is a qualified lawyer, chartered financial analyst, chartered alternative investment analyst, and a graduate from Cambridge University with an MA in Law.

She has broad experience across public, private and non-profit sectors. Her most recent employment was with Standard Chartered Bank in Singapore where she worked for four years as head of Compliance for South East Asia.

Sael Al Waary, EVP & Group chief operating officer at ABC, said: "I am delighted that we have attracted someone of Mrs. Craggs’ calibre and experience to head our Group Compliance function. As banks move forward with the implementation of Basel III and other regulatory changes, compliance is taking centre stage, and ABC is making sure all regulatory requirements are being met.” – TradeArabia News Service