Regions Financial Corporation, with $133 billion in assets, has named Matthew Lusco as senior executive vice president and chief risk officer, effective in early 2011. In this capacity, he will lead the risk management group and will serve as a member of the company’s executive council and operating committee.

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,...