Financial Partners Group (FPG) announced the addition of Scott Culhane as Chief Risk Officer (CRO).
As FPG looks to enhance its risk management and mitigation, Culhane will drive the overall risk strategy for the organization.
"We operate in a high compliance industry with many technical, regulatory and competitive risks,” said Rob Noble, Executive Vice President, FPG. “Scott is a seasoned credit and risk management professional that will help us navigate that path moving forward.”
Culhane brings over a decade of experience in credit and risk management. He has led high-performing teams across multiple organizations establishing key processes and controls to minimize organizational risk. He joins FPG having spent the past two years at Patriot Capital overseeing day-to-day credit and risk operations. Before that he held roles at Standard Capital and Midland Equipment Finance.
“Adding a risk and compliance team is yet another growth area for the company. We’re thrilled to have Scott and his team become a more integral part of our overall operations and process,” said Josh Mabee, Chief Operating Officer, FPG. “It will allow us to enhance our operating procedures and ultimately better serve our partners and clients.”
In his new role as CRO, Culhane will lead FPG’s risk policy and strategy.
For more on FPG, read the Equipment Finance Advisor interview with FPG CEO Jeff LaLima.