Iberiabank appoints new chief risk officer

US-based Iberiabank Corporation, the holding company of Iberiabank and Iberiabank fsb, has appointed James Gburek as executive vice president and chief risk officer of the company and each of its financial institution subsidiaries.

Mr Gburek will be responsible for managing internal and external risks associated with the legal area, the dynamic regulatory environment, internal controls and credit. He will oversee audit, loan review, consumer compliance, legal and be the regulatory agency liaison for the organization.

Mr Gburek served in a number of capacities at Wachovia Bank since 1990. More recently, he was managing director of Wachovia's Latin America and Canadian corporate and investment banking business.

Daryl Byrd, president and CEO of Iberiabank Corporation, said: "Jim brings extraordinary talent and unique expertise to our senior management team. This operating environment calls for additional focus on internal processes, particularly in the audit and compliance areas. By adding talent and resources, we can ensure that we are as refined as we can be to support our growth and plans for continued expansion."

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