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New Risk Chief Steps In at MB Financial

MB Financial Bank in Chicago has filled its chief risk officer post.

The $15 billion-asset bank said in a press release Wednesday that Kevin Moffitt has been hired to succeed Brian Wildman, who was named MB Financial's executive vice president of consumer banking in March.

Moffitt will lead the bank's risk management group that includes credit review, compliance, financial crimes risk management, enterprise risk management, and the legal and mortgage risk management divisions. Moffitt is tasked with helping to further build risk management processes across the entire company, the bank said.

Moffitt arrives at MB Financial from the $10.6 billion-asset First Midwest Bancorp in Itasca, Ill., where since 2009 he was executive vice president and chief risk officer.

"With three decades of risk and control management experience and a strong record of achievement, Kevin's background positions him to be an influential executive," Chief Executive Mitchell Feiger said in the release.

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