Ally Financial in Detroit has promoted David Shevsky to chief risk officer, after its previous executive in that role left for Santander Bank's holding company.

Shevsky was previously chief risk officer at the $156 billion-asset company's banking subsidiary, Ally Bank, a position he had held since 2011.

Shevsky replaced Brian Gunn, who had been Ally Financial's chief risk officer since 2011 and who had been with the company since 2008. Gunn left in May, said Gina Proia, an Ally spokeswoman. Gunn is now chief risk officer at the $131 billion-asset Santander Holdings USA, in Boston, the holding company for Santander Bank.

Shevsky began his banking career at Ally in 1986, when it was known as GMAC, in auto finance operations. In 2004 he became a senior vice president of enterprise risk and in 2006 helped the firm strengthen its risk management function. Before joining Ally, he served in the U.S. Air Force from 1979 to 1984.

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