Magazine article The RMA Journal

RMA Leaders Past and Present

Magazine article The RMA Journal

RMA Leaders Past and Present

Article excerpt

The Risk Management Association is marking the 100th year of serving its members. Throughout the celebration, The RMA Journal is highlighting key moments in RMA history in this space each month.

As it headed into its second century, RMA recently welcomed a new chair, Nancy Foster, chief risk officer at Park Sterling Bank in Charlotte, North Carolina.

Upon taking on her leadership role, Foster spoke about what RMA has meant to her over the years. Among the many benefits she cited, this one stood out: "I have taken many ideas back to my organizations from RMA's exemplary practices, which range from financial reporting to strategic planning to branding."

Here's what some past board chairs have had to say about RMA:

"When I know a man has been educated in the ranks of the associates and I call him by his first name, can see his face while dictating a letter, it is easy to hand him straight information for his own or his customer's use, and know even if the information is very adverse that it will be properly safeguarded." --William Tonks, RMA president (analogous to a current board chair), 1921

"I've been an RMA member for over 30 years, and most of what I know about banking has come from my RMA experience. It's an honor to have served in and to have been served by this century-old organization."--Dev Strischek, RMA chair 1994-95, senior vice president and senior credit policy officer, corporate risk management, SunTrust Banks Inc.

"RMA is about people helping people. Our chapters foster the sharing of information and ideas. …

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