Virginia Commerce Bank Announces Key Officer Promotion
21 Mars 2011 - 4:56PM
Business Wire
Virginia Commerce Bank proudly announces the promotion of
Wendy M. Clark to Chief Compliance Officer, with a
banking career that has spanned over 33 years, Ms. Clark joined the
Bank in 1998 and has led VCB’s Compliance department for the past
ten years.
Wendy M. Clark, Chief Compliance Officer
(Photo: Virginia Commerce Bank)
Under Ms. Clark’s leadership, the Bank’s team of compliance
analysts has grown from two to eight, in step with additional
monitoring that is necessary to comply with expanding banking
regulations. Last year’s passage of the Dodd-Frank Act, the SAFE
Act and other new regulations has further expanded the role and
critical importance of the Bank’s compliance functions, including
those related to the Bank Secrecy Act (BSA). In addition to serving
as the Bank’s Chief Compliance Officer, Ms. Clark is also its BSA
Officer.
“The Board of Directors and Executive Management are delighted
to promote Wendy to Chief Compliance Officer in recognition of her
outstanding performance and growing responsibilities,” commented
Tricia Ostrander, Chief Administrative Officer. “In addition to her
direct leadership in Compliance and BSA, Wendy also plays a key
role in the Bank’s Enterprise Risk Management committee that
formally identifies risks and recommends appropriate mitigation
controls.”
Established in 1988, Virginia Commerce Bank (NASDAQ-VCBI) is a
full-service, community bank headquartered in Arlington, Virginia,
with over $2.7 billion in assets. The Bank serves the Northern
Virginia and Fredericksburg markets with twenty-eight branches, a
mortgage lending office and a wealth management services
department. For further information about VCB’s many services and a
map of convenient locations, please visit our Web site at
VCBonline.com.
© 2011 Virginia Commerce Bank, All Rights
Reserved.
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