Will Focus On Enterprise Risks Among Other Duties
August 12, 2020
Customers Bank announced Eric Holmquist joined the institution as executive vice president and chief risk officer. Holmquist has more than 35 years of financial industry expertise, spanning enterprise risk management, executive reporting, information management programs, and is skilled in creating operational efficiency and risk alignment.
In his new role, Holmquist will be responsible for the design and execution of the bank’s enterprise risk management program and practices, including the appropriate frameworks and methodologies to support effective risk identification, assessment, mitigation, and monitoring. He is also responsible for ensuring the bank maintains a clearly defined risk appetite. As chair of the enterprise risk management committee, Holmquist will ensure risks associated with strategy, operations and change management are adequately monitored and managed, and regular reporting is provided to the board of directors.
Customers said in a release, Holmquist’s experience spans numerous management roles of increasing responsibility at leading financial institutions and prominent advisory practices where he was responsible for all areas of enterprise and operational risk management. Most recently, Holmquist served as managing principal, enterprise risk management at Capco, a global consulting firm to the financial services industry. Earlier in his career, Holmquist held executive positions at FIS, Assume Partners, Advanta Bank Corp., and other financial institutions, as well as managed a financial advisory practice.
Holmquist earned a Bachelor’s in Leadership Studies from Villanova University. He is a member of the Risk Management Association’s Editorial Advisory Board, an instructor for American Bankers Association Stonier Graduate School of Banking, and is a member of the American Bankers Association and the Risk Management Association. Holmquist is a frequent speaker at industry conferences and has written more than 50 published articles, as well as contributed to three books on risk management.
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