Chief Risk Officer

Banco Santander Hires New Chief Risk Officer

December 01, 2010

Banco Santander has hired Jose Maria Nus as chief risk officer and executive director. His hiring follows the departure of Juan Colombas, currently executive director of the risk division, who will soon be leaving Santander UK to join rival company, Lloyds Banking Group.Other appointments include: Monica Cueva, formerly based at...
 

Lloyds Banking Group Appoints New Chief Risk Officer

December 01, 2010

Lloyds Banking Group has scooped up three former executives from rival British bank, Banco Santander, triggered by a reshuffle of Santander UK's management team. Among the appointments, Juan Colombas will be Lloyds' new chief risk officer, effective Jan. 17. He is currently executive director of the risk division at Santander...
 

Securian Names Chief Risk Officer

November 11, 2010

Securian Financial Group, a financial services provider, has appointed Leslie Chapman as chief risk officer.Before being appointed to her new position, Chapman was formerly vice president and chief actuary. She joined Securian in 1976 as an actuarial trainee. She has held increasingly responsible positions in several areas of the company,...
 

AIG Names New Chief Risk Officer

November 09, 2010

American International Group has named Sid Sankaran senior vice president and chief risk officer, effective as of Nov. 8. He will report to Peter Hancock, who was hired in February as executive vice president to oversee finance and risk. Sankaran succeeds Robert Lewis, who announced in October his intent to...
 

Brit Insurance Appoints Chief Risk Officer

November 08, 2010

Brit Insurance, the international general insurance group, has appointed Baldeep Johal to the newly-created position of group chief risk officer. Baldeep will join the executive management committee and report directly to Group CEO Dane Douetil. Baldeep joined Brit Insurance in 2001 and was subsequently promoted to group chief actuary. Replacing...
 

Caisse de Depot Appoints New Risk, Legal Chiefs

November 03, 2010

Canada-based pension fund manager, Caisse de dépôt et placement du Québec, whose net assets under management were $131.6 billion in December, has announced senior management changes within its risk and legal teams.Among the appointments, the company has promoted its top legal officer, Claude Bergeron, to the position of executive vice...
 

UBS Promotes Chief Risk Officer

October 22, 2010

London-based UBS has promoted its group chief risk officer, Philip Lofts, to chief executive officer, UBS Group Americas. Assuming his role as group chief risk officer will be Maureen Miskovic, who also will serve as a member of the group executive board. The appointments will be effective Jan. 1, 2011.Miskovic...
 

Allied Irish Banks Appoints Chief Risk Officer

October 20, 2010

$11 billion Dublin, Ireland-based Allied Irish Banks has appointed Mary Phibbs as interim chief risk officer for a six-month period, starting Oct. 26. Phibbs, who has more than 30 years experience in banking, was retained from professional services firm Alvarez and Marsal.The bank decided to hire Phibbs after being unable...
 

Allied World Assurance Names Chief Risk Officer

October 18, 2010

Allied World Assurance, a global provider of property, casualty and specialty insurance and reinsurance solutions, has named Barry Zurbuchen as chief risk officer. He succeeds Ralph Rathjen, who is retiring.Previously, Zurbuchen was senior vice president of modeling and corporate pricing for the Bermuda-based company. In his new role, he will...
 

RBS Appoints Chief Risk Officer

October 08, 2010

$89 billion Royal Bank of Scotland Group, based in the United Kingdom, has appointed Rajesh Jogi as chief risk officer, India. He assumes the position from Samir Parkash, who is moving to Singapore to assume his new role as head of corporate credit, global banking and markets, Asia-Pacific.In this role,...
 

AIG Chief Risk Officer to Retire

October 07, 2010

American International Group has announced the retirement of Robert Lewis, the company's first and only chief risk officer. The company plans to name a successor to Lewis soon. For the time being, Lewis will remain with the company during a transitional period, CEO Robert Benmosche wrote in an AIG memo.Lewis...
 

Swiss Re Shuffles Executive Team, Names New Head of Risk

October 05, 2010

Zurich-based Swiss Reinsurance has named David Cole as its chief risk offer, effective Nov. 1. He will replace Raj Singh, who will be departing the company on Feb. 28, 20011, for personal reasons, the reinsurer announced.Cole has advanced through the ranks of ABN AMRO since 1999, gaining deep financial sector...
 

Barclays Wealth Hires Chief Risk Officer

September 28, 2010

Global wealth management firm, Barclays Wealth, has announced two senior hires for the Americas, as it continues to expand in the region. Donald Gershuny has joined as a managing director and general counsel, Americas; Peter Reynolds has joined as a managing director and chief risk officer, Americas.Gershuny brings to his...
 

Kansas City Southern Appoints VP of Risk Management

September 24, 2010

Transportation holding company, Kansas City Southern, has appointed Douglas Vogl as vice president of audit and enterprise risk management. Vogl will report to KCS Executive Vice President and CFO, Michael Upchurch.Vogl joins KCS from PwC, where he spent 10 years leading and developing the internal audit and consulting practice. Prior...
 

CalPERS Creates Chief Risk Officer Role

September 20, 2010

The California Public Employees’ Retirement System, the largest public employee pension fund in the U.S. with assets of approximately $208 billion, has announced two very significant reforms designed to restore confidence in CalPERS: the establishment of a senior-level Enterprise Risk Management Office and chief risk officer, and the launch of...
 

Standard Chartered Bank Names Chief Risk Officer

September 13, 2010

Standard Chartered Bank, based in India, has appointed Peter Shaw as regional credit officer for Wholesale Banking and chief risk officer for the Americas. He assumes the roles from Andrew Willans, who assumed a global role as head of credit risk review, a specialized team providing independent portfolio analysis to...
 

BofA Names Corporate Secretary

September 10, 2010

Bank of America has named Lauren Mogensen as corporate secretary. She replaces Alice Herald, who retired as a deputy general counsel after 32 years of service, Bloomberg news has reported.Mogensen joined FleetBoston Financial in 2001 as managing director of mergers and acquisitions. FleetBoston was then acquired by Bank of America...
 

Wilmington Trust Hires Chief Risk Officer

August 23, 2010

Financial services holding company, Wilmington Trust, has hired Carol Baldwin Moody as senior vice president and chief risk officer to head a newly centralized Enterprise Risk Management Division. She reports directly to Chairman and CEO, Donald Foley. She also works closely with the company's general counsel, Michael DiGregorio, and the...
 

Webster Financial Names Chief Risk Officer

August 05, 2010

Webster Financial Corporation, the holding company for Webster Bank, N.A., has appointed Daniel Bley as executive vice president and chief risk officer. In this capacity, he has overall responsibility for credit, compliance and operating risk, as well as administrative responsibility for internal audit. Bley joins Webster Financial from ABN Amro...
 

NYPC Appoints Chief Risk & Compliance Officer

August 04, 2010

New York Portfolio Clearing, a joint venture of The Depository Trust & Clearing Corporation and NYSE Euronext, has appointed Joseph Benning as chief risk officer and Laura Klimpel as chief compliance officer and counsel, effective June 1 and Aug. 2, respectively.Prior to joining NYPC, Benning was a director at Moody's...
 

PHH Corporation Names Chief Risk Officer

July 28, 2010

PHH Corporation, an outsource provider of mortgage and vehicle fleet management services, has named Smriti Laxman Popenoe as executive vice president and chief risk officer, effective Sept. 13, 2010. In this new position, Popenoe will assume responsibility for the design and implementation of an enterprise-wide risk framework and will work...
 

BofA Hires Chief Risk Officer for Europe, Africa Region

July 19, 2010

Bank of America Merrill Lynch has announced the appointment of David Oman as chief risk officer for Europe, the Middle East and Africa, effective early October. Based in London, Oman will report to Marisa Harney, head of international risk strategy development.The current EMEA CRO, Price Sloan, will remain in this...
 

GE Capital Hires New Chief Risk Officer

July 19, 2010

GE Capital, the finance arm of $156 billion General Electric, has hired Ryan Zanin as its new chief risk officer. He succeeds Jim Colica, who is retiring after 27 years with the company.Zanin joins GE Capital from Wells Fargo & Co., where he most recently served as the company's chief...
 

New Chief Administrative Officer at American Vanguard

June 15, 2010

American Vanguard Corporation, a diversified specialty and agricultural products company, has appointed Timothy Donnelly to the role of chief administrative officer, in addition to his current and continuing roles as vice president, general counsel, and corporate secretary.In this additional position, Donnelly will be responsible for human resources and risk management...
 

Europe Starts Financial Sector Governance Reform

June 07, 2010

The European Commission has launched a review of the corporate governance rules followed by financial firms in its 27 member states.A wide-ranging Green Paper floats a series of potential governance reforms, including new duties for directors, better risk reporting, and a wider remit for external auditors.The paper argues, “Although corporate...
 

New Chief Risk Officer at Aviva North America

May 27, 2010

Aviva North America, part of global insurance and annuities company Aviva plc, has hired Dan Guilbert as chief risk officer. Guilbert joins Aviva after serving 14 years with The Hartford Life Insurance Co., where he most recently served since last August as chief actuary and risk officer.In his new role,...
 

New Chief Risk Officer at Bank of Tokyo-Mitsubishi

May 19, 2010

The Bank of Tokyo-Mitsubishi UFJ, a financial group with a global network spanning over 40 countries, and a subsidiary of Mitsubishi UFJ Financial Group, has hired Charles Trunz as chief risk officer, effective as of May 18. Based in New York, he will be responsible for all risk management and...
 

New Risk Officer at Republic First Bancorp

May 13, 2010

$43 billion Republic First Bancorp, based in Philadelphia, has hired Tracie Young to serve as senior vice president and chief risk officer.Young was a 16-year employee of Harleysville National Bank and Trust, serving as director of internal audit and director of risk management.
 

Caisse Chief Risk Officer Resigns

May 13, 2010

The Caisse de dépôt et placement du Québec, a Canada-based financial institution that manages funds primarily for public and private pension and insurance plans with $131 billion in assets, has announced the departure of Susan Kudzman as executive vice president and chief risk officer.After a long absence on sick leave,...
 

Ally Financial Chief Risk Officer Departs

May 13, 2010

Automotive financial services company, Ally Financial, has appointed Barbara Yastine to the newly created role of chief administrative officer, effective immediately. Her appointment follows the departure of Chief Risk Officer Samuel Ramsey, who announced on May 7 his decision to leave the company for personal reasons.Ramsey will remain with Ally...
 

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