M&T Bank Corp. (NYSE: MTB) recently announced that it has added Carlton J. Charles, senior VP of treasury and risk management at Hearst, to its board of directors. Upon his election, effective Jan. 18, Charles was appointed as a member of the nomination and governance committee of M&T’s board. He was also elected to the […]
M&T Bank Corp. (NYSE: MTB) recently announced that it has added Carlton J. Charles, senior VP of treasury and risk management at Hearst, to its board of directors.
Upon his election, effective Jan. 18, Charles was appointed as a member of the nomination and governance committee of M&T’s board. He was also elected to the board of directors of M&T Bank, M&T’s main banking subsidiary.
Charles serves as corporate treasurer for Hearst, a global, diversified information, services, and media company with operations in 40 countries. He oversees the company’s risk management activities as chairman of the Risk Working Group, which he helped establish at Hearst. Charles also leads insurance operations for the company, serves as Chairman of Level Up Ventures, a venture-capital unit within Hearst focused on Black and Latino entrepreneurs, and is currently guiding an effort to further diversify Hearst’s roster of vendor partners. Charles serves on the Hearst board of directors and the board of advisors for HearstLab, the company’s platform for nurturing the growth of early-stage, women-led companies.
Before Hearst, Charles served as senior VP and chief operational risk officer at Moody’s Corp., where he was an early architect of Moody’s enterprise risk management program.
A resident of New York City, Charles earned his MBA in finance from the University of Chicago and holds a master’s degree in public policy, and a bachelor’s degree in quantitative economics from SUNY Stony Brook.
Based in Buffalo, M&T Bank provides banking products and services in 12 states across the eastern U.S. from Maine to Virginia and Washington, D.C. Trust-related services are provided in select markets in the U.S. and abroad by M&T’s Wilmington Trust-affiliated companies and by M&T Bank.
M&T Bank ranks number one in deposit market share in the 16-county Central New York area. Its Syracuse regional headquarters office is located at 250 South Clinton St.
