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Incoming CEO Charles Scharf will remain in New York even though the bank's headquarters is in San Francisco. His hiring underscores the diminished importance of geographical proximity for executives at large banks.

Kelly Price, an executive vice president, will take over when Olan Jones Jr. retires on Jan. 1.

The Columbus, Ohio-based institution will promote Jarod Bach to president once Christine Leslie steps down.

A group of credit union employees and volunteers recently completed a National Credit Union Foundation training while other institutions snagged new talent.

The transition to Stein from Hadley Robbins is the result of a multiyear succession process, the Tacoma, Wash., company said. Robbins had succeeded the late Melanie Dressel.

Cathy Bessant, BofA’s chief operations officer, is the Most Powerful Woman in Banking; 6 standout fintechs at Finovate 2019; the Citi CEO says gender pay gap is ‘a challenge we need to tackle together’; and more from this week’s most-read stories.

Ernest Pinner, who co-founded the Florida company in 1999, will become non-executive chairman in January.

Robins Financial Credit Union honored employees for their years of dedication while other institutions promoted workers and made new hires.

Joel Slagan takes over for Carrie Wood, who resigned from the Pennsylvania-based institution.

Swindler will take over leadership at the Olympia, Wash.-based credit union in October. Longtime CEO Kevin Foster-Keddie prepares to retire next year following a transition period.

Christina Sauve will succeed Ron Ehrenreich, who founded the institution.

David Muse will take the helm at the Maryland-based institution on Oct. 15.

Ken Raymie, who previously served as the Texas-based institution's COO, was promoted to president and CEO.

Royal Bank of Scotland promoted Alison Rose to chief executive officer, making her the first woman to run one of Britain's big four lenders.

Steven Zeisel, a lobbyist with the Consumer Bankers Association who died Sunday, was a strong voice for financial institutions navigating post-crisis regulations. He also had the ear of policymakers on the other side of the table.

Vizo Financial Corporate Credit Union held its board election while other organizations announced promotions and awards.

Marji Hughes is leading the California-based institution on a temporary basis as the board searches for its next CEO.

A successor to Janet Bantz, who has led the Indiana-based institution since 1989, has been selected but not formally announced.

A mortgage industry executive with ties to a firm penalized in a U.S. predatory lending crackdown is being considered by the Trump administration to run Ginnie Mae, according to people familiar with the matter.

An executive from Visions Federal Credit Union was recognized for her advocacy work while credit unions announced personnel changes.