DALLAS, Aug. 11, 2022 (GLOBE NEWSWIRE) — Texas Capital Bancshares, Inc. (NASDAQ: TCBI), the parent company of Texas Capital Bank (“the Bank”), today announced that Vivek Misra has been appointed of Executive Vice President, Chief Compliance Officer, effective immediately.
Mr. Misra brings broad and diverse leadership experience to Texas Capital Bank with extensive knowledge of compliance, operational and enterprise risk management, and will be instrumental in leading the continued growth of the discipline of corporate compliance risk management. He joins the Bank after holding leadership positions in compliance, operations and enterprise risk for Wells Fargo, JPMorgan Chase and Citigroup.
“It is a pleasure to welcome Vivek to our growing team at Texas Capital Bank as he assumes the important role of Chief Compliance Officer,” said Tim Storms, Chief Risk Officer of Texas Capital Bank. . “I am confident in Vivek’s distinct knowledge and breadth of experience in risk management and I am sure he will be an invaluable addition to the Bank as we effectively advance this crucial framework on our journey to become the flagship financial services company headquartered in Texas.
As Chief Compliance Officer, Mr. Misra will be responsible for leading the Bank’s compliance risk management organization and will report directly to Mr. Storms.
“I look forward to helping execute Texas Capital Bank’s strategy, especially as the company continues on the path to implementing a best-in-class enterprise risk management framework. Mr. Misra said.
About Vivek Misra
Mr. Misra joined Texas Capital Bank in July 2022. Previously, he held senior risk and compliance positions at Wells Fargo, JPMorgan Chase and Citigroup, in the United States and internationally, where he acquired in-depth experience in consumer, wealth management, commercial and institutional banking. Prior to his risk management roles, he held the positions of Chief Financial Officer and Chief Operating Officer. He also served as Senior Director – Compliance Risk, Operational Risk and Enterprise Risk Management for Treliant, LLC, where he was responsible for managing engagements and establishing a compliance risk practice. compliance and operational risk.
He brings to this role a strong knowledge of banking products and processes as well as extensive experience in the key pillars of risk management, including program framework and policy design, implementation and execution. program management, measurement and analytics, reporting and governance, risk assessment and testing programs, issues and corrective action management, process re-engineering, training programs, regulatory engagement and review management, project and change management, automation and technology, and engagement with corporate management and board risk committees.
Mr. Misra graduated from the University of New Delhi with a Bachelor of Commerce in Economics and Finance and is a Chartered Accountant (CA) through the Institute of Chartered Accountants of India.
About Texas Capital Bank
Texas Capital Bancshares, Inc. (NASDAQ®: TCBI), member of the Russell 2000® Index and the S&P MidCap 400®, is the parent company of Texas Capital Bank, a full-service financial services company that provides customized solutions to businesses, entrepreneurs and individuals. Founded in 1998, the institution is based in Dallas with offices in Austin, Houston, San Antonio and Fort Worth, and has built a network of clients across the country. Capable of serving its customers throughout their life cycle, Texas Capital Bank has established commercial banking, consumer banking, investment banking and wealth management capabilities. For more information, please visit www.texascapitalbank.com. FDIC member.
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