On August 6, Dallas-based Texas Capital Bancshares Inc., the parent company of Texas Capital Bank, announced that John D. Hudgens is stepping down as chief risk officer of Texas Capital Bank, effective in September, and will resign as chief risk officer of Texas Capital Bancshares, effective December 31. He will serve as vice chairman until his retirement in August 2019. Hudgens joined the bank in 1999 and became CRO in 2009.
Veteran banker John Turpen has been named the bank’s new chief risk officer, effective September 10. He will assume the role of chief risk officer of Texas Capital Bancshares on January 1, 2019. Hudgens and Turpen will work together the rest of the year to ensure an effective transition.
Turpen most recently served as chief risk officer for corporate and commercial banking at U.S. Bancorp, the country’s fifth largest commercial bank. He led all risk activities for the $102-billion corporate and commercial banking division, which consisted of 14 business units. Turpen joined U.S. Bancorp in 2009 after holding a number of senior positions in credit, risk and strategic planning at HSBC Bank and Wells Fargo. He earned a bachelor’s degree and an MBA degree from Drake University.
Texas Capital Bank has full-service locations in Austin, Dallas, Fort Worth, Houston and San Antonio.
Published in Bankers Digest September 3, 2018