Prince Jacob Niitan is a seasoned professional with a remarkable journey in compliance, risk management, and strategic leadership. His career is a testament to his dedication to excellence and his ability to drive significant organizational improvements. He envisions a future where financial institutions are not only compliant with regulatory standards but also leaders in innovation and ethical practices. Prince is committed to driving OmniBSIC Bank towards becoming a model of excellence in the management of compliance and money laundering, terrorist financing and proliferation risk (CFT/TF &PF).
Current Role
In his current role as the Head of Compliance, Anti-Money Laundering Reporting Officer (AMLRO), and Data Protection Supervisor (DPS) at OmniBSIC Bank Ghana Limited, Prince ensures the bank's adherence to stringent regulatory standards. He oversees compliance, implements robust anti-money laundering controls, and safeguards data privacy. His strategic vision and meticulous approach have been instrumental in fortifying the bank's operational integrity and business.
Professional Journey :
Prince's professional journey is marked by impactful roles. At OmniBSIC Bank, he has held key positions in Operational Risk Management. His tenure at Omnibank Ghana Limited saw him excel as the Audit Manager, where he implemented risk-based audit frameworks and ensured the accuracy of financial reporting.
Leadership Style:
Known for his transformational leadership, Prince inspires and motivates his teams to achieve excellence. He fosters a culture of transparency, accountability, and continuous improvement. His collaborative approach and commitment to ethical standards set a high bar for his colleagues, driving the organization towards success.
Key Achievements:
Prince has a track record of significant accomplishments. He established the audit and internal controls departments at the then Union Savings and Loans, which rebranded to Omnibank, and implemented comprehensive compliance and AML solutions. His efforts in strengthening the whistleblower mechanism have successfully averted financial crimes, showcasing his commitment to integrity and security.
Professional Affiliations:
Prince is a member of several prestigious professional bodies, including the Institute of Risk Management (IRM, UK), the Institute of Operational Risk Management (IOR, UK), and the Association of Certified Compliance Professionals (ACCPA), Internal Audit Association, Ghana. He also holds certifications in cybersecurity and ISO27001 lead implementer, underscoring his expertise in these critical areas.
Professional Development:
Prince has actively participated in numerous workshops and executive courses to enhance his expertise and leadership skills. He was a panel member at Lexis Nexis risk-ready workshops in 2023 and 2024, contributing to discussions on compliance and AML/CFT &PF risk management. Additionally, he attended executive courses in leadership at the London School of Economics, UK and the Promise Institute, Dubai, further honing his strategic leadership capabilities.
Academic Background:
Prince's academic credentials are equally impressive. He is currently pursuing an MSc in Data Science to augment his degrees in commerce and finance.
Skills and Interests:
Prince is proficient in Python programming and the MS Office suite. His interests span data analytics, machine learning, artificial intelligence, mentoring, and reading leadership literature. He is also passionate about travelling, teaching, and Christian gospel evangelism.
Commitment to Excellence:
Prince Jacob Niitan is dedicated to advancing organizational excellence through strategic leadership and innovative solutions. His unwavering commitment to compliance and risk management continues to drive significant improvements and ensure the highest standards of operational integrity.