First Commonwealth Promotes Linda Metzmaier to Chief Risk Officer
First Commonwealth Bank has announced the promotion of Linda Metzmaier to Executive Vice President/Chief Risk Officer, effective January 1, 2025. This move is part of a strategic realignment separating the bank's legal and risk functions. Metzmaier, who joined the bank as Chief Compliance Officer in 2011, will oversee fair lending, bank secrecy, model risk management, compliance, information security, fraud and security, and third party and business continuity.
Matthew Tomb, who has served as both Chief Risk Officer and General Counsel since 2010, will focus solely on his role as Chief Legal Officer/General Counsel. The reorganization aims to allow for dedicated prioritization of each function and position the organization for future strategic changes.
First Commonwealth Bank ha annunciato la promozione di Linda Metzmaier a Vicepresidente Esecutivo/Chief Risk Officer, con effetto dal 1 gennaio 2025. Questa mossa fa parte di un riallineamento strategico che separa le funzioni legali e di rischio della banca. Metzmaier, che è entrata in banca come Chief Compliance Officer nel 2011, supervisionerà il prestito equo, il segreto bancario, la gestione del rischio modellistico, la conformità, la sicurezza delle informazioni, le frodi e la sicurezza, e la continuità aziendale.
Matthew Tomb, che ha ricoperto il ruolo di Chief Risk Officer e Consigliere Generale dal 2010, si concentrerà esclusivamente sul suo ruolo di Chief Legal Officer/Consigliere Generale. La riorganizzazione mira a consentire una priorizzazione dedicata di ciascuna funzione e a posizionare l'organizzazione per futuri cambiamenti strategici.
First Commonwealth Bank ha anunciado la promoción de Linda Metzmaier a Vicepresidenta Ejecutiva/Chief Risk Officer, con efecto a partir del 1 de enero de 2025. Este movimiento es parte de un reajuste estratégico que separa las funciones legales y de riesgo del banco. Metzmaier, que se unió al banco como Chief Compliance Officer en 2011, supervisará el préstamo justo, el secreto bancario, la gestión del riesgo de modelos, el cumplimiento, la seguridad de la información, el fraude y la seguridad, así como la continuidad de negocio y terceros.
Matthew Tomb, que ha servido como Chief Risk Officer y Consejero General desde 2010, se enfocará exclusivamente en su papel como Chief Legal Officer/Consejero General. La reorganización tiene como objetivo permitir una priorización dedicada de cada función y posicionar a la organización para futuros cambios estratégicos.
퍼스트 커먼웰스 뱅크는 린다 메츠마이어를 전무이사/최고 위험 책임자로 승진시키며 2025년 1월 1일부터 시행한다고 발표했습니다. 이번 인사는 은행의 법률 및 위험 기능을 분리하는 전략적 재조정의 일환입니다. 2011년 은행에 최고 준수 책임자로 합류한 메츠마이어는 공정 대출, 은행 비밀, 모델 위험 관리, 준수, 정보 보안, 사기 및 안전, 제3자 및 비즈니스 연속성을 감독할 것입니다.
2010년부터 최고 위험 책임자 및 법률 고문 역할을 수행해 온 매튜 톰은 이제 법률 고문/법률 고문 역할에만 집중할 것입니다. 이번 조직 개편은 각 기능의 전념할 수 있는 우선 순위를 설정하고, 조직의 미래 전략적 변화를 위한 기반을 마련하는 것을 목표로 합니다.
First Commonwealth Bank a annoncé la promotion de Linda Metzmaier au poste de Vice-présidente exécutive/Chief Risk Officer, prenant effet le 1er janvier 2025. Ce changement s'inscrit dans un réalignement stratégique séparant les fonctions juridiques et de risque de la banque. Metzmaier, qui a rejoint la banque en tant que Chief Compliance Officer en 2011, sera responsable du prêt équitable, du secret bancaire, de la gestion des risques de modèles, de la conformité, de la sécurité des informations, de la fraude et de la sécurité, ainsi que de la continuité des affaires et des tiers.
Matthew Tomb, qui occupe le poste de Chief Risk Officer et conseiller général depuis 2010, se concentrera uniquement sur son rôle de Chief Legal Officer/conseiller général. La réorganisation vise à permettre une priorisation dédiée de chaque fonction et à positionner l'organisation pour de futurs changements stratégiques.
First Commonwealth Bank hat die Beförderung von Linda Metzmaier zur Executive Vice President/Chief Risk Officer, die am 1. Januar 2025 wirksam wird, bekannt gegeben. Dieser Schritt ist Teil einer strategischen Neuausrichtung, die die rechtlichen und risikobehafteten Funktionen der Bank trennt. Metzmaier, die 2011 als Chief Compliance Officer zur Bank kam, wird die Bereiche faire Kreditvergabe, Bankgeheimnis, Modellrisikomanagement, Compliance, Informationssicherheit, Betrugs- und Sicherheitsmanagement sowie Drittanbieter und Geschäftskontinuität überwachen.
Matthew Tomb, der seit 2010 sowohl Chief Risk Officer als auch General Counsel war, wird sich ausschließlich auf seine Rolle als Chief Legal Officer/General Counsel konzentrieren. Die Reorganisation zielt darauf ab, eine gezielte Priorisierung jeder Funktion zu ermöglichen und die Organisation für zukünftige strategische Veränderungen zu positionieren.
- Strategic reorganization to improve operational efficiency by separating legal and risk functions
- Internal promotion demonstrates strong succession planning and talent retention
- None.
INDIANA, Pa., Dec. 05, 2024 (GLOBE NEWSWIRE) -- In a move to respond to growth and further develop its Legal and Risk leadership teams, First Commonwealth Bank has promoted Deputy Chief Risk and Chief Compliance Officer Linda Metzmaier to Executive Vice President/Chief Risk Officer, effective Jan. 1, 2025.
The promotion is part of a realignment to separate the bank’s legal and risk areas to allow for dedicated prioritization of each function. Matthew Tomb, who has served a dual capacity as Chief Risk Officer and General Counsel since 2010, will maintain his role as Chief Legal Officer/General Counsel with oversight of all legal areas of the business.
“I am thrilled to announce Linda’s promotion and welcome her to our Executive Team as Chief Risk Officer,” said Mike Price, First Commonwealth CEO. “This is a great move for her and the organization as it will position us to make other important, strategic changes in the future.
“At the same time, Matt, who has done a fantastic job of designing our legal and risk infrastructure over the years, will now have a desired priority focus as General Counsel,” Price added.
In her expanded role, Metzmaier will continue to have oversight of fair lending, bank secrecy, model risk management and compliance. In addition, she will assume responsibility for information security, fraud and security, along with third party and business continuity, an alignment that helps centralize the Information Security and Security and Fraud areas of the bank.
Metzmaier joined First Commonwealth as Chief Compliance Officer in 2011, before being promoted to her current position in 2019. Over that time, she has established herself as a valuable leader within the organization, strategically navigating risks, managing relationships with regulators, leading First Commonwealth thoughtfully through exam cycles and providing compliance counsel and oversight for the bank’s business units.
Prior to joining First Commonwealth, Metzmaier served in auditing and compliance leadership roles at Fidelity Bank, Office of the Comptroller of the Currency and Merchants National Bank of Kittanning from 1990-2011.
Tomb, who joined First Commonwealth in August 2007, will also continue to serve on First Commonwealth’s Executive Leadership Team as General Counsel.
About First Commonwealth Financial Corporation
First Commonwealth Financial Corporation (NYSE: FCF), headquartered in Indiana, Pennsylvania, is a community bank committed to its mission of improving the financial lives of its neighbors and their businesses. First Commonwealth operates 125 branches throughout Pennsylvania and Ohio and also has business banking centers in Pittsburgh and Harrisburg, Pennsylvania; and Cleveland, Canton, Cincinnati and Columbus, Ohio. First Commonwealth, through subsidiaries First Commonwealth Bank and First Commonwealth Insurance Agency, provides a full range of commercial and retail banking services, including mortgage, wealth management and insurance solutions, along with equipment financing and SBA and indirect lending. For more information about First Commonwealth or to open an account today, please visit www.fcbanking.com.
CONTACT:
Ron Wahl,
Communications/Media Relations Specialist
(724) 463-6806
RWahl@fcbanking.com
FAQ
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