Evolve Bank & Trust Names Peter Moenickheim as New Chief Risk Officer
Peter Moenickheim ● Photo Credit: Evolve Bank & Trust via Newswire
MEMPHIS, Tenn., February 15, 2024 (VSNewsNetwork.com) - Evolve Bank & Trust has announced the appointment of Peter Moenickheim as its Chief Risk Officer. Moenickheim, with a career spanning more than two decades in risk management across banking, consumer finance, and payments industries, joins Evolve to enhance its risk and compliance framework.
The bank emphasizes that Moenickheim's recruitment is key to reinforcing its commitment to integrity, transparency, and risk mitigation, crucial for maintaining trust among regulators and customers alike.
Scott Stafford, President and CEO of Evolve, highlighted Moenickheim's extensive experience and track record, stating, “Peter is a seasoned professional with a proven track record in risk management within the dynamic landscape of banking. We believe that he will play a pivotal role in fortifying our risk management framework, ensuring the highest standards of compliance, and navigating the evolving complexities of the financial sector.”
Prior to joining Evolve, Moenickheim held the position of CRO at Gateway First Bank and has occupied leadership roles at Ocwen Financial, Santander Consumer, and JPMorgan Chase. His responsibilities at Evolve will include leading the bank's risk management efforts.
Moenickheim expressed his enthusiasm about his new role, saying, “Joining Evolve represents a significant opportunity to contribute to the bank's legacy of prudent risk management and financial stability. I am committed to fostering a culture of robust risk assessment, strategic foresight, and regulatory compliance.”
He holds a Bachelor of Science in Economics from Princeton University and is an ABA Certified Enterprise Risk Professional (CERP), in addition to being a graduate of the ABA Compliance School.
For further details on Evolve Bank & Trust and its services, visit www.getevolved.com.
Source: Evolve Bank & Trust via Newswire
