DALLAS, May 1, 2024
/PRNewswire/ -- Comerica Incorporated (NYSE: CMA) announced that
Floyd Kessler has been named
to the new role of Executive Vice President, Chief Business Risk
and Controls Officer. Kessler will report to Peter Sefzik, Chief Banking Officer.
Kessler will lead the Business Risk and Controls Office for
Commercial Bank, Marketing, Customer Experience, the Retail Bank
and Wealth Management, helping drive transformation of risk and
control functions across all of Comerica's revenue divisions.
"Fostering a strong risk and control culture remains a priority
for Comerica. Floyd's leadership and depth of experience in risk
management ensures we are well-positioned to establish the
appropriate controls and robust risk culture that remains vital to
Comerica's future growth," said Sefzik.
Kessler joins Comerica with 18 years of risk management
experience in the financial services industry, 16 of which were
with USAA. His roles have focused on mid and large-financial
institution risk framework transformation and implementation.
Kessler has served in several risk management roles, most
recently as Head of Non-Financial Risk Processes where he focused
on the development of foundational risk management strategies
during high growth periods. As a risk leader at USAA, Kessler was
instrumental in establishing critical risk functions and delivery
of regulatory initiatives. He has served in leadership roles
focused on the establishment and execution of programs designed to
identify, monitor, report and mitigate operational and compliance
risks. In addition, Kessler also served in the U.S. Navy as an
Aerographers Mate 3rd Class Petty Officer.
He earned a bachelor's degree in finance from Texas State University, master's degree from
St. Mary's University, and holds a
Certification in Control Self-Assessment from the Institute of
Internal Auditors.
This year, Comerica Bank celebrates its 175th
anniversary. A subsidiary of Comerica Incorporated (NYSE: CMA),
Comerica Bank is a financial services company headquartered in
Dallas, Texas, and is
strategically aligned by three business segments: The Commercial
Bank, The Retail Bank and Wealth Management. Comerica, one of the
25 largest commercial U.S. financial holding companies, focuses on
building relationships and helping people and businesses be
successful, providing more than 400 banking centers across the
country with locations in Arizona,
California, Florida, Michigan and Texas. Founded on Aug.
17, 1849, in Detroit,
Michigan, Comerica continues to expand into new regions,
most recently in the Southeast, including North Carolina and Mountain West Market in
Colorado. Comerica has offices in
17 states and services 14 of the 15 largest U.S. metropolitan
areas, as well as Canada and
Mexico. Comerica reported total
assets of $79.4 billion at
March 31, 2024.Learn more about how
Comerica is raising expectations of what a bank can be by
visiting www.comerica.com, and follow us
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Twitter), Instagram and LinkedIn.
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SOURCE Comerica Incorporated