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Wells Fargo names Yvette Hollingsworth as Chief Compliance Officer
 (May
27, 2012) Wells Fargo & Company has announced that it has named Yvette
Hollingsworth chief compliance officer. Hollingsworth, who most recently
served as managing director and global head of Operations Compliance and
Financial Crimes Compliance & Risk Management for Barclays Corporate &
Investment Bank, will begin her new role on June 1, 2012. She succeeds
Tim Marrinan, who announced his retirement late last year. Hollingsworth
will be based in San Francisco, California and will report to Caryl
Athanasiu, executive vice president and chief operational risk officer
in the Corporate Risk group. As chief compliance officer, Hollingsworth will be responsible for ensuring that all areas of the company meet compliance management responsibilities and abide by all applicable laws and regulations. Her team will continue to provide independent oversight of business-based compliance management activities. “We are delighted to welcome Yvette to our Corporate Risk team at Wells Fargo,” said Mike Loughlin, chief risk officer and head of Corporate Risk. “Given the intensity of the current regulatory environment, it’s absolutely critical that we maintain a strong compliance team, and Yvette has demonstrated that she has the values, depth of knowledge and experience to effectively lead regulatory compliance for our company.” Hollingsworth has extensive experience in compliance and risk management, having spent approximately 10 years as a regulator with the Federal Reserve System with roles at the Federal Reserve Banks of San Francisco and New York as well as the Board of Governors. Her industry experience includes a variety of senior compliance/anti-money laundering (AML) roles for financial institutions including Barclays Corporate & Investment Bank and Citigroup, where she served as managing director and regional head of AML Compliance for the Markets & Banking North American division. Hollingsworth previously served on the Supervisory Committee of the Federal Reserve Credit Union, as vice president of Administration and Operations and as a member of the Board of the New York Chapter of the National Black MBA Association, and currently serves as a Board member and Vice Chairman of INROADS New York/New Jersey Region. She earned an M.B.A. from Syracuse University and a bachelor of science degree from the State University of New York Institute of Technology. Go to Target Market News homepage RECENT STORIES Rainbow PUSH, R.L. Polk hold forum to share automotive data with Black media Nielsen: Black consumers are 'above average' in many of their online activities Nielsen: Black consumers are 'above average' in many of their online activities Black Cable TV Ratings for Week of May 7 - 13 Blacks rise to half the total audience for some NBA Playoff games Honorees named for 2012 Marketing to African Americans with Excellence (MAAX) Awards Black TV Ratings for Week of May 7 - 13 'Scandal' finally gives ABC the No.1 show and week's most watched network title ASPiRE channel, launching next month, names Paul Butler general manager R&B singer Keyshia Cole returns to BET in new docu-drama, 'Family First' Allied Integrated Marketing launching an African-American division, Allied Moxy Black Cable TV Ratings for Week of April 30 - May 6 Black viewers 42% of NBA Playoffs' total audience in first round games Bounce TV announces original comedy series from 'Think Like A Man' producers Black TV Ratings for Week of April 30 - May 6 ABC's 'Scandal' hits No.1 for first time, but CBS still most watched network MadameNoire.com reports growth in unique visitors to more than 1.5 million Click here for more recent news stories and our news archive Return to top of page |
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