Mr. Prashant Bafna
Head of Risk Governance & Enterprise-wide Risk Management at Bank Muscat. He is a seasoned banking professional with over 2 decades of vast experience in different areas of Banking viz. Risk Management, Fraud Risk, MIS, Trade Finance, Budgeting, Costing and Operations. His area of responsibilities includes Pillar II, Pillar III, Recovery & Resolution Planning (RRP), Policy management, Modelling, Fraud Risk Management and internal & external reporting. He has spearheaded various projects within the Bank including developing the Recovery & Resolution Planning (RRP) document, Stress testing framework including macro stress testing scenarios, Retail AIRB models, Risk Appetite framework, Reputation risk model and conducted Enterprise-wide Fraud Risk Assessment. He is a Chartered Accountant (CA) from ICAI and holds various certifications including Chartered Financial Analyst (CFA), Financial Risk Manager (FRM), Sustainability and Climate Risk (SCR), Certified Fraud Examiner (CFE), Innovation Management – Level 2 and Certified Treasury Manager (CTM). Before working with Bank Muscat in Oman, he has worked with HSBC Bank, ICICI Bank and Reliance Communications in India.