People’s United Bank, a subsidiary of $1.2 billion People’s United Financial, has hired Chantal Simon as executive vice president and chief risk officer. Simon will be a member of the bank’s management committee and report directly to President and CEO Philip Sherringham.

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Jaclyn Jaeger is a freelance contributor to Compliance Week after working for the company for 15 years. She writes on a wide variety of topics, including ethics and compliance, risk management, legal,...