M. Robert Rose of Brookline Bancorp Elected RMA Chair; Michael J. Loughlin of Wells Fargo Elected Vice Chair

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Sep 04, 2012, 12:47 ET

PHILADELPHIA, Sept. 4, 2012 /PRNewswire-USNewswire/ -- M. Robert Rose, chief credit officer at Brookline Bancorp Inc., Brookline, Mass., was elected chair of The Risk Management Association (RMA) Board of Directors. Michael J. Loughlin, senior executive vice president and chief risk officer at Wells Fargo, San Francisco, Calif., was elected vice chair. Their one-year terms began September 1, 2012.

Prior to joining Brookline Bancorp, Rose was chief risk officer at Sovereign Bank. He also worked for Fleet Bank and predecessor companies and has been a credit risk professional in the industry for 36 years.

Previously at Wells Fargo, Loughlin was responsible for credit approval, policy and reporting for Wholesale Banking. A banking professional with 30 years of experience, he joined the company in 1986 after Wells Fargo acquired Crocker Bank.

Newly elected to the RMA Board of Directors for three-year terms are:

J. Tol Broome Jr., chief commercial credit officer, BB&T, Winston-Salem, N.C.

Helga Houston, senior executive vice president and chief risk officer, Huntington National Bank, Columbus, Ohio.

Russell Playford, senior executive vice president and chief risk officer, Bank of the West, Monterey Park, Calif.

Edward P. Schreiber, managing director, Alvarez & Marsal, Houston, Texas.

In addition, the following were newly named to chair RMA councils:

Credit Risk Council: Cynthia Manzetti, head of Commercial Business Risk, U.S. Commercial Bank, Citibank, N.A., Fort Mill, S.C.

Securities Lending Committee: Jason P. Strofs, managing director, BlackRock, San Francisco, Calif.

Note to editors: Photos available upon request.

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 approach to risk management that focuses on credit risk, market risk and operational risk. Headquartered in Philadelphia, Pennsylvania, RMA has 2,500 institutional members that include banks of all sizes as well as nonbank financial institutions. They are represented in the association by more than 16,000 risk management professionals who are chapter members in financial centers throughout North America, Europe and Asia/Pacific. Visit RMA on the Web at www.rmahq.org.

SOURCE The Risk Management Association