Philadelphia, PA (September 1, 2005) – W. Kendall Chalk, senior executive vice president & chief credit officer, BB&T Corporation, Winston-Salem, North Carolina, has been elected chair of the Risk Management Association (RMA). Glenn L. Wilson, chair, president, and CEO, Citizens National Bank, Laurel, Maryland, was elected vice chair. Their one-year terms begin September 1.
Chalk, who joined RMA in 1980, is past president of RMA’s Carolinas/Virginias Chapter. He is a past chairman of the Board of Regents of the RMA Commercial Lending School and past chairman of RMA’s Credit and Risk Management Council. He also served a three-year term on RMA’s Board of Directors from 2000-2003.
As chief credit officer of BB&T, Chalk is responsible for strategic management of the bank’s lending practices and overall supervision of the commercial, retail, sales finance, and mortgage lending businesses. Chalk has been with BB&T, the nation’s ninth largest financial-holding institution with $105.8 billion in assets, since he joined in 1975.
Chalk earned a BS and MBA from East Carolina University, Greenville, North Carolina. He also serves as vice chair of the East Carolina Foundation, a charitable foundation that raises funds to support the university and its students. He is a graduate of Stonier Graduate School of Banking, Rutgers University, New Brunswick, New Jersey.
Wilson, an active member of RMA for 25 years, has served on RMA’s board of directors for the past two years. He is a past chair of RMA’s Community Bank Council and a past president of RMA’s Chesapeake Chapter where he has been on its board for more than 15 years.
Wilson joined Citizens National Bank in1996 as senior lending and credit officer and was appointed chair, president, and CEO of the $1.3 billion institution in 2004. The 115-year-old Citizens National Bank is part of Mercantile Bankshares Corp., a $15 billion bank holding company.
Wilson is a graduate of Towson University.
About RMA
Founded in 1914, the Risk Management Association is a nonprofit, member-driven professional association whose sole purpose is to advance the use of sound risk principles in the financial services industry. RMA promotes an enterprise approach to risk management that focuses on credit risk, market risk, and operational risk.
Headquartered in Philadelphia, Pennsylvania, RMA has 3,000 institutional members that include banks of all sizes as well as nonbank financial institutions. They are represented in the association by 16,000 risk management professionals who are chapter members in financial centers throughout North America, Europe, and Asia/Pacific. Visit RMA on the Web at www.rmahq.org.
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Contact:
Kathleen M. Beans
The Risk Management Association
PR Manager/Senior Writer
PH: 215-446-4095
kbeans@rmahq.org