October 22, 2017 10:43 PM ET

Commercial Services and Supplies

Company Overview of The Risk Management Association

Company Overview

The Risk Management Association is a trade association that represents financial services industry. It provides credit, operational, and market risk management solutions to financial institutions. It offers eMentor, an industry research and training tool for desktops; Diagnostic Assessment to assess the skill levels of commercial lendings and credit personnel; eRAS, a commercial credit risk benchmarking tool for community banks; eStatement Studies to export data into an Excel spreadsheet; and recorded audio conferences, online training, surveys, and Web seminars. The company also provides publications on loan and credit management, lending, and credit administration, as well as periodicals. ...

1801 Market Street

Suite 300

Philadelphia, PA 19103-1628

United States

Founded in 1914

Phone:

215-446-4000

Fax:

215-446-4100

Key Executives for The Risk Management Association

Chief Executive Officer, President, and Director
Age: 69
Chief Financial Officer
Chief Operations Officer and Chief Administrative Officer
President of Northern New Jersey Chapter
Age: 53
Director of Operational Risk Management & Regulatory Relations and General Counsel
Compensation as of Fiscal Year 2017.

The Risk Management Association Key Developments

the Risk Management Association Appoints Nancy J. Foster as President and Ceo, Effective January 1, 2018

Nancy J. Foster plans to join RMA November 28, 2017 and will be appointed President and CEO of The Risk Management Association (RMA), effective January 1, 2018. Ms. Foster had been Executive Vice President and Chief Risk Officer of Park Sterling Bank headquartered in Charlotte, North Carolina since 2010, most recently overseeing management of the bank's retail, mortgage, and wealth management lines of business, as well as credit and marketing. Foster was previously Chief Risk Officer of CIT Group Inc., where she was responsible for global, enterprise-wide risk management. Foster will be the ninth chief executive of RMA since its founding in 1914 and the first woman President and CEO of the Association. She succeeds William F. Githens who earlier this year had informed the Board of Directors of his plans to retire at the end of 2017 after 20 years of service with the Association and almost 50 years of service to the industry. He has served as President and CEO since January 2010.

Risk Management Association Announces Board Appointments

Robert R. Messer, senior executive vice president and chief financial officer, American National Bank of Texas, Terrell, Texas, was elected chair of The Risk Management Association (RMA). Edward P. Schreiber, executive vice president and chief risk officer, Zions Bancorporation, Salt Lake City, Utah, was elected vice chair. Their one-year terms began September 1, 2017. Robert Messer is past vice chair of RMA's Board of Directors. As chief financial officer at American National Bank of Texas, he oversees the management of the balance sheet and income statement, and is responsible for many corporate activities including strategic planning, mergers, and acquisitions. Schreiber has served as chief risk officer and regulatory liaison for TD Bank, N.A. and began his banking career with the Office of the Comptroller of the Currency where he served in managerial, analytical, and technical positions. In addition, Jeffrey Bajek, senior vice president and chief credit officer, Venture Bank, Golden Valley, Minn., was appointed chair of RMA's Community Bank Council, and Gunnar Jakobsson, managing director, Goldman Sachs, New York, N.Y., was appointed chair of RMA's Market Risk Council.

William F. Githens to Retire as President and CEO of the Risk Management Association

The Risk Management Association announced that President and CEO William F. Githens, 69, informed the Board of Directors of his plans to retire after 20 years of service with the Association. Helga Houston, Board Chair, announced that a search for his successor will commence shortly and that Githens will remain CEO through December 2017.

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