All Chief Risk Officer articles – Page 12
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Archegos founder Bill Hwang indicted for fraud; chief risk officer pleads guilty
Bill Hwang, the founder of Archegos Capital Management, was arrested and charged with racketeering conspiracy, securities fraud, and wire fraud for orchestrating a multibillion-dollar market manipulation scheme that resulted in the U.S. hedge fund’s collapse.
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AIG appoints chief risk officer
American International Group announced Tom Bolt is taking the reins as executive vice president and chief risk officer. Bolt has served as chief underwriting officer, general insurance since 2018.
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PayZen adds first chief risk officer
Fintech firm PayZen announced the appointment of Chiranjib Gupta as the company’s first chief risk officer.
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Credit Suisse: Risk chief, executive board ‘extremely surprised’ by Greensill collapse
Credit Suisse shared further information regarding its exposure to the collapse of U.K. supply chain finance startup Greensill Capital in March 2021 and how the bank was caught off guard.
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Credit Suisse recruits outgoing Wells Fargo risk chief to board
Credit Suisse announced a handful of proposed changes to its board of directors, including the appointment of Wells Fargo’s outgoing Chief Risk Officer Amanda “Mandy” Norton to fill an open seat.
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First Business Bank names chief risk officer
First Business Bank named Laura Garcia chief risk officer. She joins the company after working most recently for Bank of Montreal.
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WSFS Bank promotes chief auditor to chief risk officer
WSFS Bank announced Chief Auditor Christine Davis has been promoted to executive vice president, chief risk officer.
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BlackRock names new chief risk officer
Asset management firm BlackRock announced Ed Fishwick will succeed co-founder Ben Golub as chief risk officer at the end of the month.
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International General Insurance appoints chief risk officer
International General Insurance Holdings has appointed Stav Tsielepis chief risk officer of the IGI group.
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Cummins names chief risk officer, head of ESG strategy
Power solutions company Cummins has named Mark Sifferlen as its first vice president - chief risk officer and leader of environmental, social, and governance strategy.
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Trustmark adds chief risk officer
Trustmark Corp. announced the hiring of Michael Carlson as executive vice president and chief risk officer of Trustmark National Bank.
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Westpac combines risk, compliance leadership; hires Ryan Zanin as chief risk officer
Australian bank Westpac announced it will combine the leadership of its risk and compliance divisions into one position under Ryan Zanin, who joins after most recently serving as executive vice president, chief risk officer at Fannie Mae.
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Nordea names chief risk officer
Nordea Bank announced the appointment of Mark Kandborg as chief risk officer and a member of the group leadership team.
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Wells Fargo names Derek Flowers chief risk officer
Wells Fargo named longtime executive Derek Flowers as its new chief risk officer. Flowers will lead the bank’s independent risk management function, including compliance risk management.
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BitMEX adds chief risk officer
Cryptocurrency platform BitMEX has hired Marcus Hughes as chief risk officer. Hughes will serve on the executive board, with responsibility for BitMEX’s regulatory affairs, risk, legal, and compliance functions.
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Wells Fargo chief risk officer to retire
Amanda Norton, Wells Fargo’s chief risk officer since 2018, will retire at the end of June, according to a memo from CEO Charlie Scharf distributed internally.
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Binance.US adds former Intel CCO as first chief risk officer
Cryptocurrency exchange platform Binance.US has added Sidney Majalya to its leadership team as its first chief risk officer. Majalya most recently served as vice president, legal and chief compliance officer at Intel Corp.
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Credit Suisse sets executive board roles in line with new risk strategy
Credit Suisse reemphasized its corporate restructuring plan in the wake of this year’s Archegos and Greensill Capital meltdowns as part of a series of executive board appointments, including the return of Francesco De Ferrari to lead Wealth Management.
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Ten things I’d like to see happen in 2022 (2021 in review)
ESG and cryptocurrency figure to be key topics in 2022, but we’re also keeping an eye on President Biden’s anti-corruption efforts, details on Amazon’s record GDPR fine, the status of Facebook’s first CCO, and more.
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Aegon appoints chief risk officer
Life insurance provider Aegon announced the appointment of Astrid Jäkel as chief risk officer, effective March 1, 2022. Jäkel will also serve as a member of the company’s management board.