Amex appoints Jodi Richard as new Chief Risk Officer

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Amex has appointed U.S. Bank Chief Risk Officer Jodi Richard as the new Chief Risk Officer of the company and its national bank, effective January 25, 2027. Richard will also oversee the global risk and compliance team and report to CEO Stephen Squeri; the change comes after Amex was fined $350 million by the Federal Reserve and OCC for anti-money laundering compliance failures.