Huntington hires BNY alum as next risk chief
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Huntington hires BNY alum as next risk chief. Senthil Kumar will become Huntington's CRO as it transitions to a Category III bank, with higher liquidity requirements and capital buffers and more frequent stress tests. Dive brief: * Huntington has hired BNY's former chief risk officer, Senthil Kumar, to serve as the Columbus, Ohio-based lender's next risk chief, the bank announced Thursday. * Kumar begins at Huntington on Feb. 16 and succeeds Helga Houston, who will transition to a role as senior executive adviser and work with leadership "on key strategic initiatives in this important time of growth," the bank said. * Huntington's C-suite switch-up comes days after the bank announced it had closed its acquisition of Cadence Bank. The transaction pushed Huntington's assets to $279 billion and its branch network to around 1,400 locations. The bank closed its other 2025 acquisition - of Dallas-based Veritex Holdings - in October. Dive insight: Kumar will oversee credit risk, operational risk, market risk and compliance functions as Huntington has graduated to a Category III bank. Past the $250 billion asset total, banks are subject to higher liquidity requirements, more frequent stress tests run by the Federal Reserve, increased capital buffers and stricter living will criteria. Kumar, served for nearly six years as BNY's CRO, leaving last April, according to his LinkedIn...
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