Rockland Trust Company announced today the appointment of Dawn A. Mugford as Chief Risk Officer (CRO) of both Rockland Trust and its bank holding company parent Independent Bank Corp. (NASDAQ Global Select Market: INDB).
Mugford has assumed the CRO role from Edward H. Seksay as part of customary succession planning. Seksay will continue to serve as General Counsel of Rockland Trust and Independent Bank Corp. and as president and board chair of Rockland Trust’s affiliated charitable foundations.
Mugford brings more than two decades of expertise in risk management, audit, and quality assurance gained through senior leadership roles within the financial services and insurance industries. Dawn will serve on the bank’s executive leadership team reporting to Chris Oddleifson, Chief Executive Officer.
As CRO, Mugford will be responsible for the enterprise-wide monitoring, controls, measurement, and reporting of all major risk types as well as expanding on the bank’s existing Enterprise Risk Management infrastructure to help the organization continue to maintain colleague, customer, community, and shareholder confidence.
Before joining Rockland Trust, Mugford was Senior Vice President and Director of Operational Risk Management, Corporate Security and Investigations at Eastern Bank for nearly four years. Prior to that, she worked at UNUM Insurance as the Director of Policies, Procedures and Quality Review. Previously, Mugford served as SVP and Director of Credit Risk Management for TD Bank after working with TD Bank’s parent company, TD Bank Group, in Canada for more than 18 years in the areas of risk, audit, credit, portfolio review, and finance as well as assisting with the due diligence of US acquisitions.
Mugford earned a bachelor of Business Administration from Wilfrid Laurier University in Canada.