Virginia Credit Union Strengthens Leadership with New Roles
Virginia Credit Union Welcomes Executive Appointments
Virginia Credit Union (VACU) has recently appointed Mike Brunson and Kenya Maddox to pivotal leadership positions focused on enhancing risk management and internal audit functions. These strategic changes come at a time when the credit union is experiencing growth and evolving complexities within the financial services sector.
New Leadership Roles Defined
Brunson has been designated as the Executive Vice President/Chief Risk Officer, a newly created position aimed at strengthening risk oversight. In this capacity, he is expected to collaborate closely with President/CEO Chris Shockley and VACU's senior leadership team.
Key Responsibilities of Mike Brunson
Brunson’s responsibilities in this role will involve designing and implementing VACU’s enterprise risk management framework. He will oversee the development of strategies that not only identify and assess risks but also mitigate them effectively to align with the credit union's strategic objectives. Among his tasks will be advising on cybersecurity, credit risk management, and ensuring compliance with regulatory standards.
Kenya Maddox's New Position
Kenya Maddox will take on the responsibilities of Senior Vice President/Chief Audit Officer. Reporting directly to Shockley, she will play a critical role in supporting the Supervisory Committee's oversight function.
Maddox's Expertise in Auditing
Maddox brings over 30 years of experience in operational and financial auditing, along with specific credentials as a Certified Public Accountant and as a Certified Information Systems Auditor (CISA). Her extensive tenure at VACU has equipped her with a deep understanding of the internal operations and risk exposures the credit union faces.
The Vision for Growth
Chris Shockley, President/CEO of VACU, emphasized the importance of these appointments in safeguarding the credit union's future. He noted the necessity of remaining proactive in managing risks and enhancing the value offered to members, especially amid the rapid changes in the financial landscape.
Enhancing Member Value
Both Brunson and Maddox share a commitment to driving innovation and fostering a culture focused on member value. With their collective expertise and a shared vision for improving operations within VACU, they will significantly contribute to advancing the credit union's mission.
Contact Information
For further inquiries related to these executive appointments, please reach out to:
Lewis Wood
Virginia Credit Union
804-560-5664
lewis.wood@vacu.org
Frequently Asked Questions
What are the new roles appointed in Virginia Credit Union?
Mike Brunson has been appointed as Executive Vice President/Chief Risk Officer and Kenya Maddox as Senior Vice President/Chief Audit Officer.
What is the main focus of these new roles?
The roles are designed to oversee risk management and internal audit to ensure VACU is effectively managing financial risks while supporting growth.
How does Mike Brunson's experience benefit VACU?
Brunson brings over 30 years of audit and accounting experience, which will be crucial for implementing comprehensive risk management strategies.
What qualifications does Kenya Maddox hold?
Maddox is a Certified Public Accountant and Certified Information Systems Auditor with extensive experience in financial and operational audits.
Who can be contacted for more information regarding these appointments?
Lewis Wood, reachable at 804-560-5664 or lewis.wood@vacu.org, can provide additional information.
About The Author
Contact Henry Turner privately here. Or send an email with ATTN: Henry Turner as the subject to contact@investorshangout.com.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.