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Central 1 appoints Dinesh Garbharran as Chief Risk Officer

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VANCOUVER, December 18, 2019 – Central 1 Credit Union (Central 1) is pleased to announce the appointment of Dinesh Garbharran as Chief Risk Officer, effective January 2, 2020. 

Garbharran specializes in leading high-performing teams to deliver complex regulatory, technology, and business programs. Having worked within the financial and health sectors in Canada and South AfricaGarbharran has held senior executive roles in operations, risk management, and compliance at Scotia Bank, TD BankStandard Bank Groupand Discovery Holdings.   

“Dinesh has a deep knowledge of enterprise and operational risk and possesses strong leadership abilities and analytical acumen to support Central 1 as we navigate the evolving financial services environment,” said Mark Blucher, President & CEO, Central 1. “Dinesh’s experiences will provide Central 1 with invaluable insight as we continue to undergo transformational change to best serve our members and clients, while maintaining our robust risk management culture.” 

“As Canadian banking regulations become more complex, Central 1 is well positioned to navigate these increased regulatory changes and opportunities,” explained Garbharran. “I look forward to working with the team at Central 1 to help evolve our business strategies and deliver on the current and future needs of our clients. They are facing increased regulatory complexity, fundamental digital transformation, and the expanding expectations of Canadians for financial services. This is an exciting time be joining Central 1.”  

Garbharran holds a Master of Science in Mathematical Statistics and Actuarial Science from the University of the Witwatersrand in Johannesburg. He also holds Bachelor of Science (Honours) in Mathematical Statistics and Epidemiology, and a Bachelor of Science, Mathematical Statistics from the University of Cape Town. 

He is a Member of the York University Risk Management Advisory Council, the Institute of Directors (South Africa), and the Professional Risk Managers’ International Association. 

Garbharran joins Central 1’s executive leadership team alongside President & CEO Mark Blucher, Sheila Vokey, Chief Financial Officer; Richard Beed, SVP People, Brand and Communications; Brent Clode, Chief Investment Officer; Marilyn Mauritz, Chief Transformation and Legal Officer; Elizabeth (Buffy) Duke, SVP, Client Development; and Arvind Sharma, Chief Digital and Payments Officer. 

About Central 1
Central 1 is a preferred partner for financial, digital banking and payment products and services – fuelling the success of businesses across Canada. With $18.4 billion in assets, we leverage our scale, strength and expertise to power progress for more than 250 credit unions and other financial institutions, enhancing the financial well-being of more than five million customers from coast to coast. For more information, visit www.central1.com. 

Media 
Ian Colvin
Head of External Communications
Central 1
236 688 6594
icolvin@central1.com