Columbia Bank Promotes Rachel Fischer as SVP, Director of Data, Model & Cyber Risk Governance
July 01, 2021 at 11:00 am EDT
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Columbia Bank announced the promotion of Rachel Fischer to Senior Vice President and Director of Data, Model and Cyber Risk Governance. In her three-year tenure with the Bank, she has made significant contributions in developing and maturing the Bank's model risk program. She championed improving the data culture, data literacy, applied analytics/data science, and women participation in STEM by leading the Bank's Data Camp initiative in 2020. In her expanded role, Fischer is responsible for establishing the initial vision and strategy for data management, data governance and enhancing cybersecurity and model risk management across the enterprise.
Columbia Banking System, Inc. is the bank holding company for Umpqua Bank (the Bank). Through the Bank, the Company provides a broad range of banking, private banking, mortgage, and other financial services to corporate, institutional, small business, and individual customers. The bank offers specialized loans for corporate, middle market, and small business customers, including commercial lines of credit and term loans, and others. It offers deposit products, including non-interest-bearing checking accounts, analyzed business accounts, interest-bearing checking and savings accounts, money market accounts, insured cash sweep and other investment sweep solutions. The Bank also provides loans to individual borrowers for a variety of purposes, including secured and unsecured personal loans, home equity and personal lines of credit, and motor vehicle loans. The Bank primarily operates in Arizona, California, Colorado, Idaho, Nevada, Oregon, Utah, and Washington State.