Dime Community Bancshares, the parent company of Dime Community Bank, announced the appointment of Christopher Porzelt as executive vice president and chief risk officer of the bank. Porzelt, who joined the bank on November, fills the role vacated by Timothy King, who retired on Dec. 31, 2017.
Porzelt, who will report to the risk committee of the board, will be responsible for continuing the buildout of the ERM function to effectively manage risk throughout the bank and integrate risk management with corporate strategy.
Porzelt has over 25 years of audit and financial services experience and joins the bank from EisnerAmper, where he was managing director of the Consulting Services Group. Prior to this role, he was managing director and global head of American International Group’s Property Casualty Global Financial Controls Unit. Previously, he was an audit partner in the financial services practice at both Deloitte and Arthur Andersen, where he led audit and consulting engagements for a broad group of companies, ranging in size from de novos to Fortune 100 companies.