Portrait of Rajal Vaidya, Group Chief Risk Officer at Absa Group.
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board and management Executive committee

board and management Executive committee

Rajal Vaidya is Chief Risk Officer for Absa Group and has over 30 years of international experience, spanning multiple geographies in Asia, the Middle East, and Africa in business and risk roles.
Rajal previously occupied the position of Chief Risk Officer for Absa Corporate & Investment Bank where he was accountable for alignment to the Absa Group risk appetite, policies, and risk strategy, whilst enabling balanced growth and delivery on the CIB business strategies.
From 2016 to 2019 Rajal was the Chief Risk Officer for Africa Regional Operations (ARO) responsible for Credit Risk Market Risk, Operational Risk and Treasury Risk for 11 countries covering Retail & Business Banking as well as CIB; and from 2019 to 2021 Rajal held CRO positions for both Absa CIB and ARO (RBB and CIB), as well as a stint as Acting Chief Risk Officer for Absa Group Ltd.
Prior to taking on the CRO role in March 2016, Rajal was the Head of Consumer Banking for Barclays Africa (now Absa Regional Operations) covering 12 countries, in which capacity he led the design and execution of the Consumer Bank strategy, with business responsibility for balance sheet and P&L growth, Product development, Credit, Digital Strategy and Channels, and Sales and Distribution.
Rajal started his banking career with Citigroup in India, where over a period of 17 years, he held senior positions in business as well as risk. His last position was Senior Credit Officer Citigroup, and Chief Risk Officer Citifinancial India.

Rajal Vaidya is Chief Risk Officer for Absa Group and has over 30 years of international experience, spanning multiple geographies in Asia, the Middle East, and Africa in business and risk roles.
Rajal previously occupied the position of Chief Risk Officer for Absa Corporate & Investment Bank where he was accountable for alignment to the Absa Group risk appetite, policies, and risk strategy, whilst enabling balanced growth and delivery on the CIB business strategies.
From 2016 to 2019 Rajal was the Chief Risk Officer for Africa Regional Operations (ARO) responsible for Credit Risk Market Risk, Operational Risk and Treasury Risk for 11 countries covering Retail & Business Banking as well as CIB; and from 2019 to 2021 Rajal held CRO positions for both Absa CIB and ARO (RBB and CIB), as well as a stint as Acting Chief Risk Officer for Absa Group Ltd.
Prior to taking on the CRO role in March 2016, Rajal was the Head of Consumer Banking for Barclays Africa (now Absa Regional Operations) covering 12 countries, in which capacity he led the design and execution of the Consumer Bank strategy, with business responsibility for balance sheet and P&L growth, Product development, Credit, Digital Strategy and Channels, and Sales and Distribution.
Rajal started his banking career with Citigroup in India, where over a period of 17 years, he held senior positions in business as well as risk. His last position was Senior Credit Officer Citigroup, and Chief Risk Officer Citifinancial India.