Sallie Mae Appoints Jeffrey Dale as Chief Risk Officer

Proquest LLC

Sallie Mae has named Jeffrey Dale as the company's first Chief Risk Officer.

According to the company, Dale will work with senior executives and other company stakeholders to build out the enterprise risk management function and framework for the company and its Sallie Mae Bank subsidiary.

Earlier this year, Sallie Mae, formally SLM Corp., completed its strategic separation and is now a standalone consumer banking business focused on helping families save, plan and pay responsibly for college.

"I am pleased to add Jeff to the leadership team as we begin an exciting new chapter at Sallie Mae," said Raymond Quinlan, chairman and CEO. "Jeff's wealth of experience across consumer risk, including student lending, will be an asset as we continue to foster and grow our business and strengthen our risk oversight infrastructure."

The company noted that Dale arrives from Citigroup where he most recently served as the North American Group Risk Director responsible for consumer credit in the United States, Puerto Rico and Canada. In this role, he engaged broadly with various business units, other control areas, and a variety of internal and external constituents, including regulators and auditors. Prior to Citigroup, Dale served as Divisional Risk Officer for UK Retail Bank at Lloyds TSB and Senior VP, Risk Management, Long Term Care Insurance for Genworth Financial. Earlier in his career, he served as Chief Credit Officer for General Electric's Global Consumer Finance operations in Japan.