Andrew Cunningham is the Founder and Managing Director of Darien Analytics, a consulting firm that focuses on risk, regulation and governance in both developed and emerging markets. He is the Editor of Arab Banker magazine and has a long involvement with Islamic finance.

    Andrew is based in London and is proficient in French and Arabic and has a working knowledge of Greek.

    Recent projects have included advising a North African Construction company on anti-corruption measures, developing Corporate Governance policies for an East African logistics firm, teaching corporate governance best practices in Cairo as part of the launch of the International Finance Corporation’s Director Certification Programme, and designing a Banking Best Practices course for risk managers at the European Investment Bank.

home03
home03
home04
home02
home04
home05

Algeria’s banking system

Algeria’s archaic banking system is not well placed to cope with the country’s current upheaval. Here is an article I wrote for Arab Banker about the current state of Algeria’s banks and their challenges for the future.
Read the article

Analysis of the Syrian Banking System

Here are two of my analyses of the Syrian banking system. Vol2 No3 focuses on banking activity during the crisis and Vol2 No 4 estimates the cost of recapitalising the state-owned banks.
Click here to read Vol2 No3
Click here to read Vol2 No4

GCC Mergers and Acquisitions

One quarter of GCC commercial banks have been engaged in M&A activity over the last two years. Here’s a summary of recent developments that I wrote for Arab Banker in 2019. It includes a list and ranking of the biggest 50 GCC banks.
Read the article