“The leave takes effect a day before Chief Executive Officer John Stumpf is scheduled to testify before the Senate Banking Committee.”


Wells Fargo’s Chief Risk Officer for Retail Bank Takes Leave

Wells Fargo & Co.’s top risk manager in the division where bank employees are suspected of falsifying more than 2 million customer accounts has taken a leave of absence and was replaced in that role.

Claudia Russ Anderson, 58, who began a six-month unpaid leave Monday, was succeeded in August by Vic Albrecht, 57, who held a similar job in the wealth-management division, said Richele Messick, a spokeswoman for the San Francisco-based lender. Anderson’s leave was announced to staff in June, said Messick, who didn’t elaborate when asked whether it was tied to an investigation by authorities into the bogus accounts. Anderson didn’t immediately reply to phone and e-mail messages seeking comment.

“Claudia decided to take a personal leave of absence for personal reasons,” Messick said in a phone interview.

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