Nana Yaw Bamfo Turkson
Accra North
Summary
Senior Risk, Governance, and ESG professional with extensive experience in developing and implementing risk management frameworks across diverse sectors. Demonstrated success in strengthening governance structures, promoting regulatory compliance, and fostering a culture of sustainability. Effective in engaging with executive leadership to drive strategic decision-making and enhance organizational resilience.
Overview
23
23
years of professional experience
Work History
Head, Operational /Enterprise Risk Management
GCB Bank Ghana Ltd
01.2023 - Current
- Led the development and implementation of the Bank's Operational Risk Management Framework, strengthening risk oversight across 180 branches and business functions.
- Established and maintained policies for the proactive identification, assessment, and mitigation of Enterprise-wide risks stemming from process failures, human factors, system deficiencies, and external events.
- Executed Combined Assurance initiatives by working with stakeholders in compliance, security and fraud, internal controls, and risk management to enhance risk oversight and governance processes.
- Facilitated the rollout of Enterprise Risk Management, promoting ownership and accountability among risk owners.
- Developed and implemented Key Risk Indicators (KRIs) aligned with the Bank’s Risk Appetite for improved monitoring, reporting, and strategic decision-making.
- Collaborated with relevant functions for the development and rollout of Risk Control Self- Assessment (RCSA) as a measure for proactive risk management.
- Led the development and certification of Business Continuity Management Systems (BCMSC - ISO22301) through close collaboration with relevant functions, ensuring effective continuity strategies, robust recovery plans, and continuous improvement of recovery practices.
- Provided executive leadership and oversight of the Bank’s Risk Function during the absence of the Chief Risk Officer.
- Represented the Risk Function at Executive Management, Board, and Board Committee meetings, ensuring effective risk governance and reporting.
- Advised senior management and the Board on emerging, strategic, and enterprise-wide risk exposures.
- Presented enterprise risk assessments to Executive and Board Committees, recommending appropriate mitigation and control measures.
- Supported Board oversight of risk appetite, governance frameworks, and the effectiveness of the Bank’s risk management practices.
- Liaised with regulators, auditors, and key stakeholders on risk governance, regulatory compliance, and risk management matters.
- Led cross-functional coordination and response to emerging risk issues, facilitating Management Risk and Combined Assurance Committees for effective risk management.
- Ensured timely escalation, monitoring, and resolution of significant risk events and control deficiencies impacting the Bank.
Lecturer - Risk Management & Corporate Governance
Chartered Institute of Bankers (Gh)
01.2017 - Current
- Coordinated training, workshops, and professional education in enterprise risk management, corporate governance, and sustainability to enhance curriculum relevance.
- Conducted research and contributed to programme reviews to align with professional standards, regulatory requirements and institutional development initiatives.
- Established links with industry professionals, regulators, and professional bodies to ensure course content meets current standards.
- Participated in consultancy and professional development programs related to governance and risk management.
- Mentored students pursuing careers in risk management, compliance, audit, and governance to support their professional development.
Facilitator
Enterprise Risk Management Institute Africa
01.2016 - Current
- Conducted workshops on enterprise risk management, increasing employee knowledge and engagement. Implementation and training for diverse audiences
- Developed training materials that improved understanding of enterprise risk processes among employees.
- Managed multiple projects simultaneously, ensuring quality standards were met and objectives achieved.
Head ESG, Business Continuity Management and Operational Risk
GCB Bank Ghana Ltd
01.2021 - 01.2023
- Led ESG strategy development, integrating Environmental, Social, and Governance considerations into business planning and decision-making.
- Led ESG assessment reviews for financing transactions, ensuring alignment with sustainability standards, risk appetite, and regulatory requirements.
- Strengthened governance structures, established ESG governance frameworks, policies, and reporting processes to enhance sustainability performance and compliance.
- Coordinated internal and external ESG management reporting to meet disclosure requirements and enhance investor transparency.
- Designed training programs and facilitated employee education to enhance operational risk and ESG management practices, ensuring strategic alignment across the organization.
- Managed Business Continuity initiatives to ensure organizational preparedness.
- Led the strategic restructuring of the Business Continuity Management Unit, establishing an enterprise-wide resilience framework, enhancing recovery capabilities, and driving alignment with risk management and operational resilience objectives.
- Designed and implemented Business Continuity governance, policies, and procedures to enhance organizational resilience and facilitate ISO 22301 certification.
- Worked collaboratively with Process Owners to identify critical business processes and dependencies and developed Business Impact Analyses (BIAs) to support business continuity and operational resilience during disruptive events.
Regional Risk Manager, Corporate and Investment Banking (CIB)
Standard Chartered Bank Ghana Ltd
01.2015 - 01.2016
- Provided regional risk oversight and control validation across multiple African jurisdictions, ensuring consistency with Group Standards and local regulatory requirements.
- Partnered with Country Risk Managers across Africa to enhance governance and control effectiveness, developing country procedures and policy addenda that support operational resilience.
- Conducted regional reviews of Control Sample Test, Key Risk Indicators, Risk Register logs, and Service Level Agreements to ensure remediation of identified risks and maintenance within acceptable thresholds.
- Reviewed business processes to pinpoint weaknesses in risk management controls, facilitating targeted improvements in compliance and operational integrity.
- Ensured compliance during client onboarding and approval processes, ensuring full compliance with AML frameworks and banking regulations.
- Performed regular reviews of corresponding banking relationships with Financial Institutions to ensure adherence with requirements.
- Provided business advisory to countries in respect of group procedures, policy and requirement, onboarding due diligence, products offering and compliance.
- Facilitated risk training and capacity building for country Risk Managers.
Operational Risk Manager, Wholesale Banking Ops, West & Central Africa
Standard Chartered Bank Ghana Ltd
01.2010 - 01.2015
- Managed regulatory and auditor engagements, ensuring effective review and remediation of findings from Control Sample Testing, regulatory examinations, and internal and external audit activities.
- Chaired Operational Risk and Control forum, overseeing SLA adherence and managing identified risks to acceptable levels while conducting regular KPI reviews to support operational resilience in WA region.
- Implemented risk management processes to proactively identify, assess, measure, and mitigate risks, strengthening internal controls and enhancing effectiveness of organization's control environment.
- Provided regional risk oversight of Operational Risk across Ghana, The Gambia, Sierra Leone, Côte d’Ivoire and Cameroon ensuring alignment with Group standards and adherence to local regulatory requirements.
- Reviewed and conducted assessments of Control Sample Testing, Key Risk Indicators and Key Performance Indicators.
- Collaborated with Country Risk to facilitate testing of critical business processes per Group BCP objectives and regulatory requirements, ensuring robust continuity and recovery plans were maintained.
Trade Operations Manager
Standard Chartered Bank Ghana Ltd
01.2006 - 01.2010
- Supported LC issuance and payment desk for West and Central African region, ensuring compliance and timely processing.
- Reviewed and monitored advance payment transactions for alignment with Central Bank FX regulations, maintaining compliance and mitigating risks.
- Provided oversight of the Import and Export Bills for Collection unit reviewing and approving transactions.
- Conducted daily reconciliations of Nostro and suspense accounts to facilitate prompt payments and address aging account breaches.
- Conducted daily spot checks on trade transactions for RCSA and quality control.
- Undertook Sanction exception review and engagement with relevant compliance teams for regularization and approval.
- Collaborated with unit managers to implement corrective measures for detected issues.
Finance Officer
Intercontinental/Access Bank Ghana Ltd
01.2004 - 01.2006
- Monitored macro-economic indices to evaluate potential impacts on financial performance.
- Analyzed sector trends and conducted surveys to inform strategic market decisions.
- Managed procurement processes and stock inventory to ensure optimal resource allocation.
Education
Chartered Institute of Bankers - Banking
Chartered Institute of Bankers Ghana
01-2023
Certified Information Security Management systems Implementer/Lead Auditor - ISO 27001
Professional Evaluation And Certification Board
Professional Evaluation And Certification Board01-2021
MBA - Finance
Ghana Institute of Management And Public Administration
Ghana Institute Of Management And Public Administn01-2013
B.A. - Psychology
University Of Ghana
University Of Ghana01-2005
Senior Secondary Certificate Examination -
Pope John Senior High School
Pope John Senior High School01-1999
Skills
- Risk management
- Risk Control Self-Assessment
- Risk appetite frameworks
- Governance oversight
- Assurance frameworks
- Regulatory compliance
- Business continuity systems
- ESG risk management
- Information security systems
- Product Development
- Leadership & People Development
Accomplishments
- Award of Excellence, 2014, Standard Chartered Bank Group
- Award of Excellence, 2012, Wholesale Banking Operations Standard Chartered Bank. Ghana.
Timeline
Head, Operational /Enterprise Risk Management
GCB Bank Ghana Ltd
01.2023 - Current
Head ESG, Business Continuity Management and Operational Risk
GCB Bank Ghana Ltd
01.2021 - 01.2023
Lecturer - Risk Management & Corporate Governance
Chartered Institute of Bankers (Gh)
01.2017 - Current
Facilitator
Enterprise Risk Management Institute Africa
01.2016 - Current
Regional Risk Manager, Corporate and Investment Banking (CIB)
Standard Chartered Bank Ghana Ltd
01.2015 - 01.2016
Operational Risk Manager, Wholesale Banking Ops, West & Central Africa
Standard Chartered Bank Ghana Ltd
01.2010 - 01.2015
Trade Operations Manager
Standard Chartered Bank Ghana Ltd
01.2006 - 01.2010
Finance Officer
Intercontinental/Access Bank Ghana Ltd
01.2004 - 01.2006
Chartered Institute of Bankers - Banking
Chartered Institute of Bankers Ghana
Certified Information Security Management systems Implementer/Lead Auditor - ISO 27001
Professional Evaluation And Certification Board
MBA - Finance
Ghana Institute of Management And Public Administration
B.A. - Psychology
University Of Ghana
Senior Secondary Certificate Examination -
Pope John Senior High School