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State: 17.08.2024 | 11PM
Wed, 13.11.2024       Truist Financial
US89832Q1094

CHARLOTTE, N.C., Nov. 13, 2024 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced that Clarke R. Starnes III is retiring as vice chair and chief risk officer, following an outstanding 42-year career at the bank.

Brad Bender, a 20-year Truist veteran, will succeed Starnes as chief risk officer, reporting to Truist Chairman and CEO Bill Rogers. In his new role, Bender will be responsible for leading the company's risk management organization—including oversight of credit, market, capital, liquidity, operational, compliance and technology risk—as well as Truist's regulatory relations, ethics and financial crimes functions. Bender will assume the role of chief risk officer effective immediately and continue to serve on the Truist Operating Council. Starnes will work closely with Bender over the coming months in an advisory capacity to facilitate a smooth and thorough transition.

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