Bank / Credit Union

Regions Bank appoints chief risk officer following retirement

Matt Lusco and Russel Zusi, Regions Bank. Photo credit: Regions Bank

September 29, 2023

Regions Bank announced that Matt Lusco will retire as chief risk officer and Russel Zusi will succeed him effective Jan. 2, 2024. Prior to joining Regions, Zusi served as co-head of global compliance and operational risk at Bank of America, according to a press release.

"Regions is operating from a position of strength, and that is a testament to how our teams across the bank prioritize and carefully manage risks while ensuring we are meeting the needs of customers and responsibly innovating in the marketplace," Lusco said in the release. "It has been an honor to be a part of the Regions leadership team and to lead our risk-management functions. I am confident Regions will continue to grow and excel. Russ Zusi is a proven leader who's joining an incredible organization, and he will be supported by very talented risk-management teams and associates throughout the company who are united in our focus on properly recognizing, assessing and managing risks."