SunTrust Banks announced that Jerome Lienhard will retire as chief risk officer at the end of the year, following a 40-year career in the financial services industry. Ellen Koebler will succeed Lienhard as chief risk officer, effective Jan. 1, 2019.

Reporting to SunTrust Chairman and CEO Bill Rogers, Koebler will assume responsibility for the company's enterprise risk management. She will oversee credit, market, operational, compliance and technology risk, as well as the risk review assurance function, and portfolio risk analytics and modeling.

Lienhard joined SunTrust in 2006 as senior vice president and treasurer responsible for funding, treasury operations, portfolio management and asset liability management. He was named president and chief executive officer of SunTrust Mortgage in 2011 and became chief risk officer in 2015.

Koebler returned to SunTrust in 2017 for her current role after serving as chief risk officer for E*TRADE. She originally joined SunTrust in 2004 as director of corporate investment bank portfolio strategies. She subsequently held positions in corporate risk management, including chief market risk and enterprise analytics officer.

Prior to joining SunTrust, Koebler worked with the investment banking division of Bank One (J.P. Morgan) and previously was a senior chemical engineer for Shell Oil. Koebler holds a bachelor's degree in Chemical Engineering from Vanderbilt, an MBA from the Kellogg Graduate School of Management at Northwestern University, and a Chartered Financial Analyst (CFA) designation.