David R. Coxon of State Bank of Georgia Elected RMA Chair; John J. Wixted Jr. of PNC Bank Elected Vice Chair

PHILADELPHIA, Sept. 1 /PRNewswire-USNewswire/ -- David R. Coxon, president and CEO, State Bank of Georgia, Fayetteville, Ga., was elected chair of The Risk Management Association (RMA). John J. Wixted Jr., chief risk officer and executive vice president of PNC Mortgage Company, a subsidiary of PNC Bank, was elected vice chair. Their one-year terms began September 1, 2010.

An active member of RMA since the early 1980s, Coxon formerly was chair of RMA's Community Bank Council. He also is a past chair of RMA's Atlanta Chapter.

Prior to leading State Bank of Georgia, Coxon was president and CEO of Southern Community Bank, Fayetteville, and United Community Bank, Fairburn, Ga. He began his banking career at Columbia Bank & Trust, now part of Synovus, and also held senior management positions at Bank South and United Bank.

Wixted formerly was chair of RMA's Regulatory Relations Council and is still a member of that council, as well as of the Enterprise Risk Management Council. He is a past officer in RMA's Chicago Chapter.

Prior to joining PNC Bank, the new vice chair was senior vice president for banking supervision for the Federal Reserve Bank of Chicago and held several key leadership positions with the Federal Reserve Bank of Cleveland.

About RMA

Founded in 1914, The Risk Management Association is a not-for-profit, member-driven professional association whose sole purpose is to advance the use of sound risk principles in the financial services industry. RMA promotes an enterprise-wide approach to risk management that focuses on credit risk, market risk, and operational risk. Headquartered in Philadelphia, Pa., RMA has 3,000 institutional members that include banks of all sizes as well as nonbank financial institutions. They are represented in the Association by over 18,000 risk management professionals who are chapter members in financial centers throughout North America, Europe and Asia/Pacific. Visit the RMA website at www.rmahq.org.

SOURCE RMA - The Risk Management Association