BancorpSouth adds Ty Lambert to its Management Committee

Rhea-AI Summary

BancorpSouth Bank (NYSE: BXS) has promoted Ty Lambert to senior executive vice president and chief risk officer, making him a member of the Management Committee. Lambert joined BancorpSouth in 2006 and has held several management roles, including director of treasury analytics. As chief risk officer, he will oversee functions to identify and mitigate key risks. BancorpSouth, based in Tupelo, Mississippi, has approximately $23 billion in assets and operates around 310 full-service branches across multiple states.

Positive

• Promotion of Ty Lambert enhances risk management capabilities.
• Lambert's extensive experience within the company supports long-term strategic goals.

Negative

• None.

TUPELO, Miss., Oct. 5, 2020 /PRNewswire/ -- BancorpSouth Bank (NYSE: BXS) has promoted Ty Lambert to senior executive vice president and chief risk officer. With this promotion, Lambert will now serve as a named executive officer and a member of the company's Management Committee. 

As chief risk officer, Lambert's responsibilities include a broad portfolio of functions designed to maintain the integrity of the company's continued efforts to identify, monitor and mitigate key risks and be accountable for enabling the efficient and effective governance of significant risks, and related opportunities. Since joining BancorpSouth as an accountant in 2006, Lambert has held various management positions, including director of treasury analytics, chief data analytics officer and his current role of chief risk officer. Prior to joining BancorpSouth, he was an investment portfolio manager.

"We are excited to welcome Ty to our Management Committee," said Dan Rollins, BancorpSouth's chairman and chief executive officer.  "In his nearly 15 years with BancorpSouth, Ty has become an integral part of our team. We're confident his addition to our management team will assist our efforts to balance risk management, protect our company and our customers and position us for long-term success."

Lambert earned a bachelor's degree in accounting from Mississippi State University in Starkville, Mississippi, and a master's degree in business administration from the University of Mississippi in Oxford, Mississippi. He currently serves on the advisory board for the Center for Financial Professionals.  

About BancorpSouth Bank
BancorpSouth Bank (NYSE: BXS) is headquartered in Tupelo, Mississippi, with approximately $23 billion in assets.  BancorpSouth operates approximately 310 full-service branch locations as well as additional mortgage, insurance, and loan production offices in Alabama, Arkansas, Florida, Louisiana, Mississippi, Missouri, Tennessee and Texas, including an insurance location in Illinois.  BancorpSouth is committed to a culture of respect, diversity, and inclusion in both its workplace and communities. To learn more, visit our Community Commitment page at www.bancorpsouth.com; "Like" us on Facebook; follow us on Twitter@MyBXS; or connect with us through LinkedIn.

 

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SOURCE BancorpSouth Bank

FAQ

Who is Ty Lambert at BancorpSouth Bank?

Ty Lambert is the newly promoted senior executive vice president and chief risk officer at BancorpSouth Bank.

What is the significance of Ty Lambert's promotion for BancorpSouth?

Ty Lambert's promotion enhances the company's risk management efforts and reinforces its commitment to governance.

What are the responsibilities of the chief risk officer at BancorpSouth?

As chief risk officer, Lambert is accountable for identifying, monitoring, and mitigating key risks.

What is the current asset size of BancorpSouth Bank?

BancorpSouth Bank has approximately $23 billion in assets.

Where is BancorpSouth Bank headquartered?

BancorpSouth Bank is headquartered in Tupelo, Mississippi.