COLUMBUS, Ohio, June 7, 2019 /PRNewswire/ -- Risk management
expert Nate Herman has joined
Huntington Bank (Nasdaq: HBAN; www.huntington.com) as chief auditor
and a member of its executive leadership team. His first day was
May 31.
As chief auditor, Herman is responsible for the design and
implementation of Huntington's internal audit program, ensuring
that governance, compliance and operations, and internal controls
are in place to effectively identify and manage risk. He reports
directly to the audit committee chair of the board of
directors.
"Nate has terrific leadership skills, depth of experience and
knowledge of banking, which will be instrumental as Huntington
continues to grow," said Steve
Steinour, Huntington's chairman, president and chief
executive officer. "He has a strong track record effectively
managing risk for complex organizations. He also appreciates our
deep commitment to look out for our customers and communities."
Herman brings to Huntington significant financial services
industry and military experience. He also has technical expertise
in cyber, compliance, operations and risk remediation.
"Audit is a strategic asset that helps us understand and manage
new risks and challenges, all focused on protecting our customers
as the bank grows," Herman said. "I'm grateful for the opportunity
to perform this work at Huntington, which I've long admired for
being a purpose-focused organization with strong ties to its local
communities. The bank is engrained in the fabric of these
communities, and I'm excited to be part of it."
Most recently, Herman was a managing director and head of
regulatory and specialty operations at JPMorgan Chase, where he led
a 1,200-person global team responsible for the highest risk and
specialized consumer banking processes. Since 2011, he has held key
executive roles with increasing levels of responsibility in the
areas of risk, lines of business, operations and program
management. Prior to JPMorgan Chase, he worked for the United
States Cyber Command and the Federal Bureau of Investigation.
Herman served for six years on active duty and remains in
the United States Marine Corps
Reserves. He earned a master's degree in public administration from
Harvard University and bachelor's
degree in political science from Villanova
University.
Herman replaces Harry Farver, who
served successfully as chief auditor for six years and grew
Huntington's internal audit capabilities. Farver will work closely
with Herman during the transition and then take on a new leadership
role within the bank.
About Huntington
Huntington Bancshares Incorporated is
a regional bank holding company headquartered in Columbus, Ohio, with $108 billion of assets and a network of 898
full-service branches, including 12 Private Client Group offices,
and 1,727 ATMs across eight Midwestern states. Founded in 1866, The
Huntington National Bank and its affiliates provide consumer, small
business, commercial, treasury management, wealth management,
brokerage, trust, and insurance services. Huntington also provides
vehicle finance, equipment finance, national settlement, and
capital market services that extend beyond its core states. Visit
huntington.com for more information.
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SOURCE Huntington Bancshares Incorporated