Comerica Bank announced in a public filing Chief Risk Officer Jay Oberg informed the bank he plans to retire, effective Dec. 31, 2024.

In preparing for his departure, the bank is conducting a search for candidates to fill the vacancy, according to the filing.

Oberg is expected to continue serving as chief risk officer until a replacement is found, Comerica said. Thereafter, he will continue in the role of senior executive vice president until his retirement to ensure a smooth and orderly transition of responsibilities.