Daily News: June 27, 2017

Bank of the West Appoints Lockovitch as Chief Compliance Officer

Bank of the West appointed Karin Lockovitch as the bank’s new chief compliance officer, responsible for overseeing bank compliance with regulatory requirements and with internal policies and procedures.

Prior to joining Bank of the West, Lockovitch was chief compliance officer at Zions Bancorporation, where she led the bank’s compliance-related risk management, including all enterprise products and services.

Her oversight of the enterprise compliance program included fair lending/banking, community reinvestment, privacy, tax reporting, testing and monitoring, regulatory change management, BSA/AML, risk issue management, analytics and training.

Before joining Zions, Lockovitch was chief compliance officer for Consumer Banking at SunTrust. Previously, she was senior director of the Enterprise Compliance Risk program at Ally Financial; chief risk officer at Target Bank and held other risk management roles at Lehman Brothers and American Express.

Lockovitch, who also serves as executive vice president and member of the executive management committee at Bank of the West, will report to Nandita Bakhshi, president and CEO of Bank of the West and co-CEO of BNP Paribas USA, and Eric Young, chief compliance officer of BNP Paribas—Americas and CCO of BNP Paribas USA.

“Karin’s experience makes her the ideal executive to lead our compliance team at Bank of the West,” Bakhshi said. “We have a very strong compliance culture throughout the organization, and we are eager to have Karin join and help continue to strengthen our compliance program in the U.S.”

Bank of the West’s previous chief compliance officer, Sylvie Brillaud, has transitioned to the Bank’s Risk Group to serve as chief administrative officer and head of Enterprise Risk.