Wilmington Trust, a provider of banking services throughout the mid-Atlantic region of the US, has appointed Carol Moody as senior vice president and chief risk officer to head a newly centralized enterprise risk management division.

Moody will lead the direction and execution of all aspects of risk management, including credit, legal, compliance, fiduciary, financial, operational, reputational, strategic, technology, fraud, human resources, and business-continuity risk.

She will be responsible for ensuring consistency in, and adherence to, the company’s framework of risk management standards, policies, and procedures. She will report directly to Donald Foley, chairman and CEO of Wilmington Trust.

Foley said that given the changing regulatory landscape and the company’s plans to expand its corporate client and wealth advisory businesses internationally, centralizing our risk management activities became imperative.

“Carol’s broad-based background made her the ideal candidate to lead our risk management efforts, and we expect to benefit greatly from her expertise,” Foley said.