Triumph Financial Appoints Mitchell Lee as Chief Risk & Compliance Officer
30 Juillet 2024 - 10:35PM
Triumph Financial, Inc. (Nasdaq: TFIN) is pleased to announce today
the appointment of Mitchell Lee as chief risk and compliance
officer. In his new role, Lee will be responsible for providing
strategic oversight of the company’s enterprise risk and compliance
efforts. This includes driving the ongoing development of a
comprehensive enterprise risk management framework across all
divisions of Triumph Financial including TriumphPay, Triumph and
TBK Bank.
Reporting directly to Ed Schreyer, Triumph Financial's executive
vice president and chief operating officer, Lee will oversee the
enterprise risk and compliance teams. His responsibilities will
include ensuring adherence to legal and regulatory requirements and
integrating risk management concepts into the company's strategic
planning.
Schreyer stated, "With extensive experience in managing risk,
compliance, and regulatory affairs at the intersection of financial
services and technology, Mitchell brings a wealth of knowledge that
aligns with our strategic goals. His leadership at Synctera and the
Federal Reserve Bank of San Francisco has equipped him with a
unique perspective on the evolving fintech landscape, making him an
ideal fit for Triumph Financial's vision of driving innovation for
the future and ensuring regulatory excellence."
Prior to joining Triumph Financial, Mitchell served as the chief
risk and compliance officer at Synctera, a Banking-as-a-Service
company that connects banks with embedded finance companies and
fintech startups. He oversaw the company's risk management and
compliance programs in this role. Before his time at Synctera,
Mitchell was the director of fintech at the Federal Reserve Bank of
San Francisco. In this position, he worked closely with regulators
and policymakers on emerging financial technologies including
cryptocurrency, marketplace lending, and Banking-as-a-Service.
Mitchell currently serves as a board member at the 1990 Institute,
a nonprofit organization that focuses on educational programming
and championing the fair and equitable treatment of Asian
Americans.
Lee commented, "I was attracted to Triumph Financial because it
is not just another bank or payments company. It offers a
forward-thinking approach, strong leadership, and dedication to the
trucking and financial services industry. I'm thrilled to be part
of the team and to use my fintech and regulatory expertise to
further develop innovative financial solutions that will improve
our customers' connections, reduce risk, and support the trucking
community."
About Triumph Financial Triumph
Financial, Inc. (Nasdaq: TFIN) is a financial holding company
focused on payments, factoring and banking. Headquartered in
Dallas, Texas, its diversified portfolio of brands includes
TriumphPay, Triumph and TBK Bank.
Source: Triumph Financial, Inc.
Investor Relations Contact: Luke
Wyse Triumph Financial, Inc. Senior Vice
President, Head of Investor
Relations lwyse@tfin.com
Media Contact: Amanda
Tavackoli Triumph Financial, Inc. Senior Vice
President, Director of Corporate
Communication atavackoli@tfin.com
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