South Africa’s Standard Bank has appointed Andrew Donnell as head of risk for its private banking division.

In his new role Mr Donnell will be based in London, assuming responsibility for risk for the private bank teams in London, South Africa, Jersey, Isle of Man, Dubai and Mauritius.

Mr Donnell joins Standard Bank from Barclays, where he was most recently deputy head of credit risk and chief operating officer, credit risk for Barclays Wealth.

“Andrew’s appointment is a key part of Standard Bank’s strategy to build our private bank.  I am delighted that someone of Andrew’s calibre has joined us to build on our solid platform and I am confident that the business will continue to move forward with the appropriate risk strategies in place,” said Ian Gibson, chief executive of Standard Bank Offshore.

Mr Donnell's appointment follows news that Standard Bank has promoted four of its Jersey staff - Mark Carpenter, Ashley Hillier, Sarajayne Musselwhite and Duncan Wattam - as directors of Standard Bank Offshore.

Standard Bank, which is headquartered in Johannesburg, has a presence in 17 African countries, along with 19 countries outside of the continent, including Brazil, Russia and China; the group’s offshore division has offices in Jersey, the Isle of Man and Mauritius.

At 31 December 2008 the Standard Bank Group had assets totalling  $162 billion and a global headcount of over 50,000 employees.