Silicon Valley Bank, a U.S.-based high-tech commercial bank with offices in a number of other countries, has hired Laura Izurieta as the company's new chief risk officer.

Izurieta will lead the enterprise-wide risk management, corporate compliance, and regulatory relations functions at Silicon Valley Bank. She will also be a member of the executive management team.

Izurieta has 20 years of achievements in operations, risk management, large program delivery and culture change. She was previously executive vice president chief risk officer, retail and direct bank at Capital One, where she held various roles including SVP enterprise risk management, vice president of corporate reputation and governance, vice president of Capital One Home Loans and vice president of information technology since 2000. Prior to Capital One, she held positions at Freddie Mac and Bank of America.