Synovus Names New Enterprise and Operational Risk Executive Director
December 16 2022 - 11:00AM
Business Wire
Synovus Financial Corp. (NYSE: SNV) today announced the hiring
of Michael Colasso as the company’s new enterprise and operational
risk executive director. Colasso reports to Executive Vice
President and Chief Risk Officer Shellie Creson and is based in
Atlanta, Georgia. He is responsible for the strategic design and
execution of Synovus’ enterprise and operational risk programs and
oversight, including frameworks and methodologies to support
effective risk identification, assessment, mitigation and
monitoring.
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Michael Colasso, Synovus enterprise and
operational risk executive director (Photo: Business Wire)
“Michael’s impressive track record and depth of experience in
risk management will ensure Synovus continues to advance its
operational risk discipline and supporting policies and practices,”
said Creson. “He will provide valuable thought leadership to ensure
our risk management practices continue to evolve as our
organization grows.”
Colasso has more than 15 years of financial risk management
experience. He joins Synovus from Truist, where he most recently
served as head of enterprise risk management programs and framework
since 2019. Colasso began his career in fraud and forensics at KPMG
and served as a senior examiner at the Federal Reserve Bank of
Atlanta for banks with more than $100 billion in assets.
Colasso is a graduate of Emory University. He holds a certified
public accountant license and certified fraud examiner
designation.
Synovus Financial Corp. is a financial services company
based in Columbus, Georgia, with approximately $59 billion in
assets. Synovus provides commercial and consumer banking and a full
suite of specialized products and services, including private
banking, treasury management, wealth management, mortgage services,
premium finance, asset-based lending, structured lending, capital
markets and international banking. Synovus has branches in Georgia,
Alabama, South Carolina, Florida and Tennessee. Synovus is a Great
Place to Work-Certified Company and is on the web at synovus.com
and on Twitter, Facebook, LinkedIn and Instagram.
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Audria Belton media@synovus.com
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