NORWICH — NBT Bancorp (NASDAQ: NBTB) recently promoted Shauna Hyle to senior vice president and chief risk officer. In this position, she will oversee the banking company’s audit, compliance, and loan-review areas.
Hyle’s primary responsibilities include identifying, assessing, and monitoring risks to NBT’s various lines of business, the company said in a news release. She will also be responsible for overseeing NBT’s enterprise-risk management program. Hyle is based at NBT’s headquarters in Norwich.
Prior to this promotion, Hyle was corporate controller and managed NBT’s accounting and finance function. In her new role, she will continue to provide support for strategic planning, corporate governance, and merger and acquisition analysis, according to NBT.
(Sponsored)
Think Your Employees Aren’t Using ChatGPT?
Think again. Survey data is consistent that use of ChatGPT and other “generative” artificial intelligence (AI) platforms is expanding exponentially. While difficult to quantify, surveys suggest that most employees in
What is Fiducuary Liability and how does it affect you and your business?
Managing a company’s insurance needs can be complex and stressful. It doesn’t need to be when adding certain specialty insurance products, like fiduciary liability insurance. It protects the sponsoring company;
Hyle, who has been with NBT since 2008, started her career at PricewaterhouseCoopers, LLP, where she was a manager, providing audit and attestation services to clients in the firm’s Syracuse and Boston offices.
“Shauna Hyle has made a significant contribution to the success of our company through consistently exceptional performance,” NBT President and CEO Martin Dietrich said in the release. “Her experience will help us continue to provide strong internal controls and regulatory compliance.”
Hyle has a bachelor’s degree in accounting from SUNY Geneseo. She is a certified public accountant and is a member of the Commerce Chenango Finance Committee and the Community Enhancement and Redevelopment Group Board. Hyle is also a 2010 graduate of the Leadership Chenango training program.
NBT Bancorp offers personal banking, asset management, and business services through a network of more than 155 banking locations in five states. Its main subsidiary is NBT Bank.