Truist hires executives to head auditing, information security

Truist Financial has hired a new chief audit officer from Mitsubishi UFJ Financial Group and a new chief information security officer with experience at Goldman Sachs.

Denise DeMaio will become Truist’s chief audit officer on Feb. 28, the company said. She will report to CEO Bill Rogers and to the board of directors’ audit committee. DeMaio will succeed Dale Jeanes, who is retiring after 20 years as the company’s chief audit officer.

The $530 billion-asset company also said that Howard Whyte is its new chief information security officer. He succeeds Steve Scott, who is retiring after a 40-year career in information security.

Denise DeMaio (left) will lead auditing at Truist, and Howard Whyte (right) is the bank's new chief information security officer.

Whyte worked most recently as chief information security officer for The Boeing Company. Before that, he served as the chief information officer and chief privacy officer at the Federal Deposit Insurance Corporation. And he previously led the threat management center at Goldman Sachs.

Whyte’s appointment is effective immediately. Scott is planning to stay with the Charlotte, North Carolina-based company to act as an advisor to Whyte before retiring later this year.

DeMaio was previously managing director and chief audit executive for the Americas at MUFG, where she was responsible for the company’s internal audit function. Before MUFG, she served as chief auditor for the United States at TD Bank. She was recently recognized by American Banker’s Most Powerful Women in Banking as a standout in the audit category.

"Denise's deep internal audit and public accounting expertise, and her innate capacity to create line of sight and inspire her colleagues to do the same will elevate Truist's purpose-driven business,” Rogers said in a press release.

Rogers succeeded Kelly King as CEO of Truist, which was formed through the merger of BB&T Corp. and SunTrust Banks, last September.

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