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U.S. Bank names chief risk officer

Scuttlebutt | September 6, 2018

U.S. Bank has named Jodi Richard as its new vice chairman and chief risk officer, overseeing the company’s risk management and compliance efforts as it continues its legacy of developing and maintaining strong risk management capabilities, the company announced.

She will succeed P.W. Parker, who previously announced his intention to retire this fall. The handoff between leaders will begin in the next few weeks to ensure a smooth transition, with an effective date of Oct. 1. Richard will join the company’s managing committee and will report to Chairman, President and CEO Andy Cecere.

Richard is currently the company’s chief operational risk officer, overseeing operational risk management and independent testing functions, which encompasses everything from operational loss mitigation and risk control assessment to consumer complaint management, fraud risk management,...

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