Financial services firm Wells Fargo & Co. has appointed Amanda Norton as chief risk officer. Mike Loughlin, who announced plans to retire in 2018, will continue to serve as Wells Fargo’s chief risk officer until Norton’s employment with the company begins this summer, ensuring a smooth transition.
As Wells Fargo’s chief risk officer, Norton will oversee all aspects of the company’s independent corporate risk function and risk oversight activities, including credit risk, market risk, operational risk, compliance, information-security risk, and conduct risk. She will report directly to Chief Executive Officer Timoth Sloan and to the risk committee of the board of directors. She will also serve as a member of the company’s operating committee and as an executive officer.
