Wells Fargo appointed Eric Yoss chief risk officer (CRO) for corporate and investment banking (CIB), reporting to enterprise CRO Mandy Norton. Yoss will join the company on Feb. 1. His appointment completes the leadership team for the company’s enhanced risk model, which was announced earlier this year and includes five business group CROs and other teams aligned by risk type.
“Eric joining our risk leadership team builds upon the progress made in recent months to execute the vision for strengthening our centralized, independent risk management program,” Norton said. “This leadership team is well-positioned to provide greater consistency in how we manage risk across our businesses and improve how we manage risk for the future.”
As CRO for CIB, Yoss will provide independent, holistic risk leadership and oversight for CIB. CIB provides corporate and transactional banking, commercial real estate lending and servicing, investment banking, equity, and fixed income solutions.
Yoss joined Wells Fargo from Mizuho Financial Group, where he served as chief risk officer for the Americas, overseeing the independent risk management division across the region. Yoss has more than 30 years of experience in the financial services industry and previously held several risk leadership roles at Barclays, Deutsche Bank and JPMorgan Chase.
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