Wachovia Chief Risk Officer Donald K. Truslow plans to retire once a successor is named to the role. The company will begin an immediate search for a replacement.
“I want to thank Don for his many years of dedicated and tireless service to Wachovia,” says Robert K. Steel, president and CEO of Wachovia. “Don is highly respected throughout the company and the industry for his strong leadership, his excellent collaboration and his high ethical standards. We are grateful for his many contributions to the company.”
“It has been a privilege to serve as Chief Risk Officer for Wachovia and to work with such outstanding colleagues,” says Truslow. “Wachovia is an excellent company with strong core businesses and an outstanding franchise. In the short time I have worked with Bob Steel, I have come to admire him, and I know that his strong leadership will serve the company well.”
Truslow joined legacy Wachovia in 1980 and has held a number of leadership positions in Finance, Risk Management and Corporate Banking. He served as Treasurer and Comptroller before becoming Chief Risk Officer in 2000.
Truslow has been active in the community in several volunteer leadership capacities including Director of the Federal Reserve Bank of Richmond, Charlotte Branch; Member of the Board of Visitors, Babcock Graduate School of Management, Wake Forest University; and Chairman of the Board, Charlotte-Mecklenburg Arts & Science Council.