AmSouth Names William Wells Chief Risk Officer.BIRMINGHAM, Ala. -- William C. Wells, II, has joined AmSouth Bancorporation AmSouth Bancorporation was a bank holding company headquartered in Birmingham, Alabama, operated as a subsidiary of Regions Financial Corporation. AmSouth was previously known as First National Bank of Birmingham first organized in 1872. (NYSE NYSE See: New York Stock Exchange : ASO ASO arteriosclerosis obliterans. ASO 1 Administrative services organization, see there 2 Allele-specific–oligonucleotide hybridization 3 Anti-streptolysin O, see there ) as senior executive vice president and chief risk officer. "Bill's depth of knowledge, breadth of experience and proven risk management skills will be an asset to our company and I'm delighted to have him on board," said Dowd Ritter rit·ter n. pl. ritter A knight. [German, from Middle High German riter, from Middle Dutch ridder, from r , AmSouth's chairman, president and chief executive officer. As chief risk officer, Wells leads the bank's Risk Management Group, which includes the Credit Division, Credit Review, Corporate Compliance, Insurance Risk Management, Regulatory Relations and Risk Communications. Internal Audit, which reports directly to the Audit Committee of the Board of Directors, reports to Wells for administrative purposes. Wells is also a member of the Management Committee, which is composed of the bank's most senior leaders. Most recently, Wells served as chief risk officer for SouthTrust Corp., which he joined in 1998. Prior to that he was a commissioned National Bank Examiner with the Office of the Comptroller of the Currency The Office of the Comptroller of the Currency (or OCC) was established by the National Currency Act of 1863 and serves to charter, regulate, and supervise all national banks and the federal branches and agencies of foreign banks in the United States. serving as Examiner-In-Charge of multi-billion dollar regional banking institutions. Wells began his career in 1980 as an auditor with First Columbus National Bank, in Columbus, Miss. He earned his bachelor's degree in Banking and Finance from Mississippi State University Mississippi State University, at Mississippi State, near Starkville; land-grant and state supported; coeducational; chartered 1878 as an agricultural and mechanical college, opened 1880. From 1932 to 1958 it was known as Mississippi State College. in Starkville. About AmSouth AmSouth is a regional bank holding company with $50 billion in assets, more than 670 branch banking offices and over 1,200 ATMs. AmSouth operates in Tennessee, Alabama, Florida, Mississippi, Louisiana and Georgia. AmSouth is a leader among regional banks in the Southeast in several key business segments, including consumer and commercial banking, small business banking, mortgage lending, equipment leasing, annuity and mutual fund sales, and trust and investment management services. AmSouth also offers a complete line of banking products and services at its web site, www.amsouth.com. |
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