ASHEVILLE, N.C., Sept. 05, 2023 (GLOBE NEWSWIRE) -- The board of directors of HomeTrust Bancshares, Inc. (NASDAQ:HTBI) ("Company"), the holding company of HomeTrust Bank ("Bank" or "HTB"), today announced that Lora Jex assumed the position of Executive Vice President and Chief Risk Officer ("CRO") of both the Company and the Bank effective August 31, 2023. Ms. Jex will lead the HTB teams responsible for monitoring and mitigating risk for the Bank related to compliance, operations, balance sheet management, and strategy. As such she will have oversight of assessing and maturing HTB's risk appetite to further advance the Bank's enterprise risk management approach. Ms. Jex will serve as a member of the Operating Committee and report functionally to the Bank's Audit Committee and administratively to C. Hunter Westbrook, President & Chief Executive Officer of HTB.
Jex's experience spans over 20 years of banking and financial industry experience at institutions ranging from $3B - $30B in assets. She has demonstrated skill at formulating action plans, resolving complex situations, managing large teams, and achieving strong regulatory ratings.
"As the events of the past few years have demonstrated, risk comes at financial institutions in many different forms and directions, that now include world-wide pandemics and deposit/liquidity runs on banks. Finding a CRO who could elevate HTB's already strong enterprise risk management culture was imperative." says C. Hunter Westbrook, President & Chief Executive Officer. "I am eager to collaborate with Lora as HomeTrust continues to grow and serve the needs of our customers and shareholders in a prudent ...