M&T Bank Appoints Neeraj Singh as New Chief Risk Officer

Core Viewpoint - M&T Bank has appointed Neeraj Singh as the new Chief Risk Officer, effective January 31, 2025, succeeding Mike Todaro, who is set to retire in Q1 2025 [1][2][3] Group 1: Appointment Details - Neeraj Singh brings over 20 years of experience in risk management and financial services, previously serving as Chief Risk Officer at USAA [2][3] - Singh will oversee M&T Bank's risk management strategies and report to CEO René Jones and Bob Sadler, Chairman of the Board of Directors Risk Committee [4] Group 2: Leadership Transition - Mike Todaro has been a significant figure in M&T's growth, enhancing risk management capabilities since becoming CRO in 2021 [5] - Todaro has a nearly 30-year career at M&T Bank, during which he also led the Mortgage and Consumer Lending businesses [5] Group 3: Company Background - M&T Bank Corporation is headquartered in Buffalo, New York, providing banking products and services across the eastern U.S. [6]