Phil Thomas, currently Scotiabank’s executive vice president, Customer Insights, Data & Analytics is taking over the position of Chief Risk Officer for the bank.
Thomas succeeds Daniel Moore, who had a 25-year career at the bank. Moore will transition to a strategic advisory role until the end of the year.
Thomas established bank as a leader in ethical data
During his time as EVP, Thomas established Scotiabank as a leader in ethical data and analytics and advanced the bank's ability to deeply know its customers and provide tailored support and advice, says the bank. To continue to optimize the bank's data and analytics capabilities and drive business growth within its risk appetite, Thomas will retain leadership of the Customer Insights, Data & Analytics function of the Bank.
"Phil is a seasoned risk management executive and a forward-thinking leader with a track record of delivering transformative outcomes for the bank," said Brian Porter, president and CEO, Scotiabank. "His deep knowledge of the bank's global businesses, customers and strong risk culture optimally position him for the role of Chief Risk Officer. I am confident he will play a key role in Scotiabank's continued success."