Truist Financial Corporation appointed Denise M. DeMaio as chief audit officer, effective Feb. 28, 2022. DeMaio will report directly to the Truist Board of Directors' Audit Committee and administratively to Chief Executive Officer Bill Rogers.

She succeeds Dale Jeanes, who is retiring after 20 years successfully leading this key function and more than 33 years of distinguished service to Truist and BB&T. DeMaio, who will be based in Charlotte, North Carolina, will lead Truist's internal audit function and provide counsel to senior management on emerging risk trends from the vantage points of governance, processes, technologies and reporting. DeMaio comes to Truist from Mitsubishi UFJ Financial Group Inc. (MUFG) where she oversaw the foreign banking organization's internal audit function as managing director and chief audit executive, The Americas, and executive officer and deputy global chief auditor. Prior to joining MUFG, she served as executive vice president and chief auditor, United States, at TD Bank, where she created Centers of Excellence and the U.S. Audit Operations/Professional Practices group, as well as a Regulatory Compliance and BSA/AML Audit Group, to strengthen the bank's control environment.