Wells Fargo, the San Francisco based multinational banking and financial service provider appoints Ms. Julia Bates as its Executive Vice President and Technology Control Executive. In her new role as a technology control executive at the firm, Bates will oversee the implementation and execution of its technology risk management program and as Executive Vice President she is also ensuring development of strong risk and control functions which complies with all aspects of its growth and operational strategy. Ms. Bates will work from the bank’s New York office and report to Mr. Saul Van Beurden – Head of Technology and Wells Fargo Control Executive who is yet to be named by the firm. Julia’s appointment in her new roles came into effect from 09.04.2020 as per update from the firm.
Ms. Bates is a veteran in the financial services industry with more than two decades of experience serving in wide range of senior-level leadership and management roles across P&L and asset management verticals. Julia began her career in financial services industry immediately after graduating with a master’s degree in business administration from Stanford University Graduate School of Business in 1994 and spent the entirety of her nearly 26 year long career serving in JP Morgan Chase & Co. She took on the role of Managing Director – Head of Private Bank Partnership Group in Asset Management division and was promoted thrice to serve as Managing Director for Corporate Finance Analytics – Global Finance division, Head of Individual & Business Retirement unit in Asset Management division and Chief Control Manager for Commercial Bank division as per information in her official LinkedIn account.
Commenting on Julia’s addition to the team, Mr. Van Beurden – Head of Technology at Wells Fargo said, “The Technology Control function is key to maintaining strong risk management across the organization. Julia’s broad risk and control experience, as well as her demonstrated leadership across a variety of financial management functions, make her a tremendous addition to the team. I am thrilled to welcome Julia to Wells Fargo”. Most recently, the bank onboarded Mr. Rob Ritchie former Co-head of UK Investment banking division to serve as its new Head of Banking and Capital Markets from its London office.