John Pedersen

Executive Vice President and
Chief Risk Officer

John Pedersen

John Pedersen is executive vice president and chief risk officer of City National Bank.

Mr. Pedersen oversees the bank’s Risk Management Division and he facilitates the Board Risk Committee. Mr. Pedersen is a member of the Executive Committee and is executive sponsor and chair of the company’s Risk Council, an advisory body to line and staff that, in conjunction with the Board Risk Committee, establishes and monitors the company’s risk appetite.

Mr. Pedersen has more than three decades of financial services and regulatory experience. He began his career in government and held staff and management positions with the Office of the Comptroller of the Currency and the Office of Thrift Supervision. After government service, he managed a wide range of risk management activities for several financial institutions, including First Interstate Bancorp, KeyCorp and Wachovia.

Mr. Pedersen, who serves as the company’s primary liaison with federal banking regulators, joined City National in October 2004.

Active in the community, Mr. Pedersen is involved with various philanthropic organizations that facilitate the micro-financing of small business entrepreneurs domestically and abroad.

Mr. Pedersen earned a degree in finance and accounting from the University of Oklahoma. He and his family reside in Los Angeles and Sacramento.