Talk with us:
John Pedersen is executive vice president and senior risk management officer of City National Bank.
Mr. Pedersen oversees the bank’s Risk Management efforts and is executive sponsor and chair of the company’s Risk Council, which assesses the adequacy and effectiveness of the bank’s risk management practices. Additionally, he facilitates the bank’s Audit and Risk Committee, and is a member of the Executive Committee, Asset Liability Committee, Disclosure Committee, Capital Investment Committee, Credit Policy Committee, Senior Operations Risk Committee, Cyber Security Council, and the Problem Asset Review Committee.
Mr. Pedersen, who serves as the company’s primary liaison with federal banking regulators, joined City National in October 2004. He began his career in government holding staff and management positions with the Internal Revenue Service, Office of the Comptroller of the Currency and the Office of Thrift Supervision. After government service, he managed a wide range of bank credit and risk functions for several financial institutions, including First Interstate Bancorp, KeyCorp and Bank of the West.
Immediately prior to joining City National, Mr. Pedersen was the small business executive and chief risk officer at Wachovia Small Business Capital.
Mr. Pedersen is involved with various philanthropic organizations, including those engaged in post-secondary education and micro-finance.