Having 28 years of banking experience including over 10 years of senior risk management positions at several Southern California banks, including Countrywide Bank, Hawthorne Savings and Mercantile Bank, Ward will be responsible for the development and review of the risk management processes within the organization.
She will also spearhead internal audit function, the compliance department, and coordinate with all other areas of the bank to ensure that risk management processes within the organization runs efficiently and meet the enterprise risk efficacy for the bank.
Recently, Ward was acting as the senior vice president of enterprise risk management at Elevations Credit Union in Boulder, Colorado.
TriCo Bancshares president and chief executive officer Richard Smith said Carol brings the leadership necessary to raise the performance of the bank through strong knowledge and abilities as an enterprise risk manager.
"I believe Carol and her new position are very important as we continue to strengthen our risk management focus and elevate ourselves to the next level of our development." Smith added.