Business & Finance
Business and Finance
Business and Finance
Wed, October 13, 2010
Tue, October 12, 2010 
WILMINGTON, Del.--([ BUSINESS WIRE ])--Wilmington Trust (NYSE: WL) announced today that it has hired James D. Naber as chief audit executive. Mr. Naber joins Wilmington Trust with more than 30 years of financial, management, and regulatory consulting experience in the banking and financial services sector.
"In my experience, nothing is more important to an institutiona™s success than its ability to manage risk."
Throughout his career, Mr. Naber has helped direct senior-level audit activities for organizations involved in banking, investment management, capital markets activity, and insurance. As chief audit executive at Wilmington Trust, he is responsible for reviewing the efficacy of the companya™s internal controls, managing the Internal Audit department, executing internal audit engagements, and reporting findings. To help ensure that audit activities are carried out independently, Mr. Naber reports to the Board of Directorsa™ Audit Committee.
aWith extensive experience encompassing the full range of activities of our businesses, Jim is well suited to take on the critical role of chief audit executive at Wilmington Trust,a said Mr. Foley. aHis hiring reflects the companya™s commitment to understanding our risks fully and the need to vet our financial and operating procedures with a strong, independent voice.a
Mr. Naber joins Wilmington Trust from Accume Partners, a professional services firm headquartered in New York. Mr. Naber was a banking practice leader and managing director of the firma™s New England region. In this role, he opened the Boston office, hired and developed consulting professionals, and built a practice serving the needs of community and regional banks in the areas of internal audit, information technology audit, regulatory compliance, Sarbanes-Oxley consulting, corporate governance, risk management, and business-processing consulting. Mr. Naber also served as the partner in charge of the financial services practice at RSM McGladrey Inc. in New York and as the national tax partner in charge of the state and local tax practice at KPMG LLP in New York and Boston. Earlier in his career, he worked at two large New England regional banks: Shawmut National Corporation, where he was senior regulatory officer and director of corporate taxes, and Bank of Boston, where he was tax officer and accounting officer. Mr. Naber holds a bachelora™s degree in accounting from Providence College and a mastera™s degree in tax law from Bryant College.
aI look forward to working with the Audit Committee to help ensure the integrity and transparency of Wilmington Trusta™s audit and related accounting practices,a said Mr. Naber. aIn my experience, nothing is more important to an institutiona™s success than its ability to manage risk.a
Wilmington Trust Corporation (NYSE: WL) is a financial services holding company that provides Regional Banking services throughout the mid-Atlantic region, Wealth Advisory services to high-net-worth clients in 36 countries, and Corporate Client services to institutional clients in 89 countries. Its wholly owned bank subsidiary, Wilmington Trust Company, which was founded in 1903, is one of the largest personal trust providers in the United States and the leading retail and commercial bank in Delaware. Wilmington Trust Corporation and its affiliates have offices in Arizona, California, Connecticut, Delaware, Florida, Georgia, Maryland, Massachusetts, Michigan, Minnesota, Nevada, New Jersey, New York, Pennsylvania, South Carolina, Vermont, the Cayman Islands, the Channel Islands, London, Dublin, Frankfurt, Luxembourg, and Amsterdam. For more information, visit [ www.wilmingtontrust.com ].
