Heartland Financial names new chief risk officer

Fri. May 29, 2009; Posted: 10:51 AM

May 29, 2009 (Datamonitor via COMTEX) -- HTLF | Quote | Chart | News | PowerRating -- Heartland Financial USA has appointed David Keim in the newly created position of senior vice president and chief risk officer.

Mr Keim will be responsible for leading the risk management function for Heartland Financial and its 10 community banks, including defining and assessing enterprise-wide business risks and facilitating proactive decision-making to effectively manage such risks.

He will play an integral role in the company's ongoing efforts to enhance its financial reporting, expense control and risk management systems, said Heartland. Mr Keim has spent the past 22 years at Susquehanna Bancshares.

The new position is essential, according to Lynn Fuller, president and CEO of Heartland Financial, during this period of expanding regulatory requirements and challenging economic conditions.

Mr Fuller said: "David will help ensure that all of our banks provide value to the marketplace, measure risk and return well, and make effective business decisions that serve our customers, shareholders and stakeholders to the greatest extent possible."

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