Wells Fargo Chief Risk Officer Amanda “Mandy” Norton will retire at the end of June, according to a memo from Chief Executive Officer Charlie Scharf distributed internally Tuesday.
In the memo, Scharf said Norton, who joined the bank in 2018, “took on an incredibly difficult task to build out an independent risk management (IRM) function appropriate for a bank of our size and complexity. Under her leadership, we have made tremendous progress, and our risk organization is completely different from what existed when she arrived.”
