German American names Mary Moorhouse Chief Risk Officer
March 28 2024 - 10:00AM
German American Bancorp, Inc. (Nasdaq: GABC) announced today that
Mary Moorhouse has been appointed Senior Vice President, Chief Risk
Officer, effective April 1, 2024, where she will be responsible for
overseeing German American’s enterprise-wide risk management
program, focusing on recognizing, assessing and managing all risks
of the Company. Mary will succeed current Senior Vice President and
Chief Risk Officer Jeff Cash who will be retiring. She will report
directly to Chairman and CEO D. Neil Dauby and be a member of the
senior management leadership team.
Mary currently serves as Vice President, Risk Management
overseeing BSA/AML compliance, physical security and fraud
investigations, and CRA compliance. She holds a Bachelor of Arts
from Indiana University and her Juris Doctorate from Valparaiso
University School of Law. She holds a Certified Enterprise Risk
Professional certification from the American Bankers
Association.
“Mary is a proven leader at German American and we feel
fortunate to be able to promote from within for such a critical
role,” states Chairman and CEO Dauby. “Comprehensive risk
management is a foundational element of our core business at German
American. There is no doubt Mary will ensure that the bank’s strong
risk and compliance culture will continue to advance as we face the
challenges of an ever-changing banking industry.”
“Mary replaces Jeff Cash who has served as the Company’s Chief
Risk Officer for over 15 years and was responsible for leading the
development of our current risk framework and our highly effective
policies and programs. We are grateful to Jeff’s contributions and
the risk management foundation he has helped establish,” said
Dauby.
About German American Bank
German American Bancorp, Inc. is a Nasdaq-traded (symbol: GABC)
financial holding company based in Jasper, Indiana. German
American, through its banking subsidiary German American Bank,
operates 75 banking offices in 20 southern Indiana counties and 14
counties in Kentucky. The Company also owns an investment brokerage
subsidiary (German American Investment Services, Inc.) and a full
line property and casualty insurance agency (German American
Insurance, Inc.).
Media Contact: D. Neil DaubyChairman &
Chief Executive Officer Bradley M RustPresident & Chief
Financial Officer 812-482-1314
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