Credit Benchmark, a leading provider of credit risk data and analytics, has announced the appointment of Joe Proctor as Head of Banking for the EMEA (Europe, Middle East, and Africa) and APAC (Asia-Pacific) regions. Proctor, who will be based in the company’s London office, takes on this new role with immediate effect and will oversee Credit Benchmark’s business development and commercial strategy for its banking clients across these critical global markets.
Having served as a Senior Advisor to Credit Benchmark since March 2024, Proctor’s transition to a full-time leadership role marks an exciting step for the company. In his expanded position, he will continue to collaborate closely with the senior management team and the commercial group to drive strategic growth within the banking and capital markets sectors. Proctor’s deep expertise in wholesale credit risk, portfolio management, and governance will be instrumental as Credit Benchmark continues to develop its industry-leading credit risk data and analytics solutions.
A Leader with Extensive Banking Experience
Joe Proctor brings with him over 25 years of experience in the banking sector, with a strong track record in senior roles at some of the world’s most respected financial institutions. Prior to joining Credit Benchmark, Proctor held key leadership positions including Managing Director of Wholesale Credit Risk at HSBC and Chief Credit Officer at Goldman Sachs International Bank. Additionally, he served as Credit Ratings Advisor for Goldman Sachs across Europe, the Middle East, and Africa, where he honed his expertise in managing large-scale credit portfolios and mitigating risk.
Proctor’s wealth of experience and leadership across multiple financial institutions positions him uniquely to drive Credit Benchmark’s strategic initiatives in the banking space. As Head of Banking for EMEA & APAC, he will be responsible for growing the company’s presence in these regions and further developing the use of Credit Benchmark’s innovative credit risk data among its banking clients. His expertise in understanding credit risk complexities and regulatory environments will help clients navigate today’s dynamic financial landscape.
Expanding Credit Benchmark’s Reach
“Joe’s extensive experience at leading global financial institutions makes him exceptionally qualified to steer our growth in the EMEA & APAC regions,” said Michael Crumpler, CEO of Credit Benchmark. “His leadership will be pivotal as we continue to expand our client base and provide valuable insights that help our clients manage their credit portfolios more effectively. We are confident that Joe’s appointment will enhance our ability to serve clients in these regions and deepen the integration of our data solutions into their decision-making processes.”
Proctor is enthusiastic about the opportunity to continue building on the momentum Credit Benchmark has already established. “I’m excited to expand the work the team has done in creating and delivering Credit Benchmark’s unique consensus credit risk data product. Having worked closely with the company in recent months, I’m eager to further expand our use cases within the banking and capital markets community,” said Proctor. “This is a transformative time for the industry, and Credit Benchmark is well-positioned to deliver critical value to our clients across EMEA & APAC through our innovative analytics solutions.”
Commitment to Innovation and Data-Driven Solutions
Throughout his career, Proctor has been focused on identifying emerging risks and developing strategies to manage credit portfolios more effectively. With his deep understanding of credit approvals, risk governance, and portfolio management, he has continuously sought to leverage the power of data and analytics to foster sustainable growth and strengthen credit risk management.
Proctor’s academic credentials further complement his professional experience. He holds an AB with honors in International Relations from Brown University and an MBA from Columbia Business School. These qualifications, combined with his extensive hands-on banking experience, will support his leadership of Credit Benchmark as it continues to innovate in the space of credit risk data.
Looking Ahead
Proctor’s appointment marks a new chapter for Credit Benchmark as it aims to increase its footprint in the global banking market. The company’s use of consensus data to provide accurate and reliable credit risk information has already made a significant impact in the financial services industry. With Proctor at the helm for EMEA & APAC, Credit Benchmark is poised to further strengthen its offerings and expand its reach to new clients in these dynamic regions.
As the financial world continues to evolve, Proctor’s leadership and vision will be key in ensuring that Credit Benchmark remains at the forefront of credit risk data and analytics, providing clients with the tools they need to navigate complex credit environments and make informed decisions.
