M&T Bank Appoints Neeraj Singh as Chief Risk Officer

Author

Slice of Finance Team
30 Jan

Key Highlights:

  • Neeraj Singh appointed as Chief Risk Officer (CRO) at M&T Bank, effective January 31, 2025.

  • Singh succeeds Mike Todaro, who is retiring after a nearly 30-year career at M&T.

  • Previously CRO at USAA, Singh has also held leadership roles at Citigroup, TD Bank, and Barclays.

  • Singh will report to CEO René Jones and Risk Committee Chair Bob Sadler and relocate to Buffalo, NY.

  • M&T Bank strengthens risk management governance under Singh’s leadership.

Source: PR Newswire

Notable Quotes:

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“We are thrilled to welcome Neeraj Singh to our executive team. His extensive experience and deep understanding of risk management will be instrumental as we continue to develop and scale our capability to manage risk in support of our continued growth.”

René Jones, CEO & Chairman at M&T Bank
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"I am honored to join M&T Bank and look forward to working with the talented team to further enhance the bank's risk management capabilities. Together, we will continue to build a resilient and forward-thinking risk culture that supports M&T’s mission and values.”

Neeraj Singh, Chief Risk Officer at M&T Bank

Why This Matters:

M&T Bank's appointment of Neeraj Singh as Chief Risk Officer underscores its commitment to strong risk governance as the bank continues to expand. With over 20 years of experience in risk management, Singh’s leadership will be crucial in navigating evolving financial landscapes, regulatory requirements, and customer expectations. His expertise ensures that M&T Bank remains resilient while fostering growth and stability across its operations.