Q&A: Standard Life's Singh on changes in risk management
Standard Life’s Raj Singh was one of the early pioneers of risk management in insurance and has seen the role change from controlling the business to supporting growth. Here he talks about that evolution, and the challenges he faces as Standard Life makes a strategic pivot towards asset management
Standard Life has made a move away from being an annuity-focused business and into asset management over the past decade, with profound implications for the group’s risk function. The firm’s investment arm, launched in 1998, now has £245.9 billion ($365 billion) in assets under management, up from £170.1 billion in 2013.
Raj Singh, who spoke exclusively to Risk.net for this interview, has presided over the Standard Life risk function since 2013 and says the role of chief risk officer is now more
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