ABA SVP Richard Riese, who heads ABA’s Center for Regulatory Compliance, is retiring after 11 years, he announced yesterday in The Compliance Source e-bulletin. ABA has tapped Ginny O’Neill, who has been at the association since 2008, to lead the center.
“I am proud to count myself among the constituency of regulatory compliance professionals who work day in and day out to deliver the best that banking has to offer American communities, their businesses and their families in pursuit of economic achievement for all,” Riese wrote.
“Rich’s work can very appropriately be described as a stewardship, and he has been an effective and reliable steward,” commented ABA EVP Wayne Abernathy, noting Riese’s work in “increasing compliance capability for ABA in consumer protection, AML, fair lending, CRA, and a long list of other issues important to our members and their customers.”