Appointed Group Chief Risk Officer in January 2013. He is responsible for developing strategies to manage financial, strategic and operational risk across the Standard Life group. Before joining Standard Life, Raj had acquired extensive experience in financial services worldwide. In 2011 he established advisory firm Accredere AG in Switzerland, advising financial institutions on capital, risk, and merger and acquisition issues, and remains a non-Executive Board member. From 2007 to 2011, Raj was Group Chief Risk Officer at Swiss Re Insurance Company Ltd in Switzerland, where he was also a member of the Executive Board and Committee. Before this, he was Group Chief Risk Officer at Allianz SE in Germany, a position he held from 2002. He is a member of the Advisory Board at the International Center for Insurance Regulation at Goethe University in Frankfurt, Germany.