Bijal Desai
Chief Risk Officer
I am a strategic and commercially oriented risk, internal audit, and compliance executive, with over 30 years of experience within the financial services industry. Having worked in both Australia and the UK, I have occupied a number of senior leadership roles across an array of renowned organisations including, KPMG, Deutsche Bank, Goldman Sachs, JPMorgan Chase, Macquarie Bank, and Woolworths Group. During this time, I have had the opportunity to meaningfully interact with a myriad of ASX-listed company Boards. In this way, I have provided my insightful yet timely, risk and control advice to facilitate entity’s attainment of strategic objectives and to inform their commercial decision making. Currently, I hold the position of Chief Risk Officer at Smartgroup Corporation, an ASX listed company, that provides salary packaging and novated leasing services to the government, corporate and not-for-profit sectors. In this role, I frequently attend Board and Sub-Committee meetings, whilst concurrently representing Smartgroup as an Alternate Director on the NALSPA (the peak industry association) Board. Having recently obtained my GAICD accreditation from the Australian Institute of Company Directors, I am seeking new opportunities to tangibly apply my skills through the lens of a director’s mindset, thereby enabling my continued professional development. Boards will benefit from my extensive hands-on experience working alongside large-scale, multifaceted businesses, as well as my considerable knowledge regarding corporate governance, accounting, risk management, regulatory compliance, information technology, and strategy.
Expertise
- ASX 100 Company
- ASX 200 company
- Large (200+ employees) organisation – unlisted
- State or Territory Government
- Other
- Accounting
- Automotive
- Banking
- Financial Services
- Investment Banking/Venture
- Investment Management
- Retail
- Supermarkets
- Audit
- Governance
- Banking
- Business Acumen
- Change Management
- Finance & Investments
- IT
- Risk
- Senior Leadership
- Strategic Thinking
Experience
- Advisory Board Member
- GM/MD
- Executive Director
Board or Committee Experience
| Title | Sub Committee | Company Name | Industry |
|---|---|---|---|
| Alternate Director (Member) | Board | NALSPA | Salary Packaging & Novated Leasing |
| Group Executive (Attendee) | Board | Smartgroup Corporation | Salary Packaging & Novated Leasing |
| Group Executive, CRO (Attendee) | Audit & Risk | Smartgroup Corporation | Salary Packaging & Novated Leasing |
| Group Executive (Attendee) | IT & Innovation | Smartgroup Corporation | Salary Packaging & Novated Leasing |
| Group Executive (Attendee) | ESG | Smartgroup Corporation | Salary Packaging & Novated Leasing |
| Director, Risk & Governance (Interim) (Attendee) | Audit & Risk | The Treasury, NSW Government | State Government |
| Group Executive, CRO (Attendee) | Board | VocaLink (Mastercard) | Payments |
| Group Executive, CRO (Attendee) | Audit & Risk | VocaLink (Mastercard) | Payments |
| Group Head of Internal Audit (Attendee) | Audit & Risk | Babcock & Brown | Financial Services |
Executive Career Summary
| Title | Company Name | Industry |
|---|---|---|
| Group Executive, Chief Risk Officer (CRO) | Smartgroup Corporation | Salary Packaging & Novated Leasing |
| Head of Group Risk | Woolworths Group | Retail |
| Director, Risk & Governance (Interim) | The Treasury, NSW Government | State Government |
| Group Executive, Chief Risk Officer (CRO) | VocaLink (Mastercard) | Payments |
| Global Head of Business Operational Risk - Macquarie Asset Management | Macquarie Bank | Financial Services |
| Group Head of Internal Audit | Babcock & Brown | Financial Services |
| Group Head of Internal Audit - JPMorgan Asset Management | JPMorgan Chase | Financial Services |