DF Capital promotes Tomas Oliveira da Silva to Chief Risk Officer

DF Capital promotes Tomas Oliveira da Silva to Chief Risk Officer

DF Capital, the newly authorised specialist commercial lending and personal savings bank, today announced that it has promoted Tomas Oliveira da Silva to Chief Risk Officer, subject to regulatory approval.

In his role as CRO, Tomas will lead the bank’s second line of defence function, reporting to Carl D’Ammassa, CEO.  He will have overall responsibility for implementing, continuously developing and overseeing adherence to the firm’s Risk Management Framework.  The compliance and risk teams, led by Tomas, provide technical advice on risk and regulatory matters across the firm.  Tomas will also become a member of the executive committee, further strengthening the core leadership team.

Tomas joined DF Capital in 2019 as Head of Enterprise and Prudential Risk.  He previously spent almost six years in banking supervision at the Bank of England (Prudential Regulation Authority).  Prior to that Tomas worked as an economist at IHS Markit and the Portuguese Ministry of Economy.  He started his career as a consultant for Deloitte in Portugal.

Carl D’Ammassa, CEO, DF Capital commented: “I am delighted that we are able to promote such an experienced and talented individual from within our own business to take on this critically important role.  Tomas has a well-established broad experience across risk disciplines.  He has been an integral part of the business since he joined in 2019 and we look forward to him contributing to our strategic ambitions.”

Tomas Oliveira da Silva said: “It’s a privilege to be asked to fill this position.  It’s an exciting time for DF Capital and I look forward to playing my part in helping the bank to deliver on its strategic plans in my new role.”

Tomas replaces Desmond McNamara, who retired last month.