Wells Fargo Risk Executive to Leave Bank

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One of

Wells Fargo


WFC 0.69%

& Co.’s top risk management executives is leaving the bank months after it was slapped with an unprecedented enforcement action from the Federal Reserve.

Chief Operational Risk Officer

Mark D’Arcy

is leaving Wells Fargo to “pursue opportunities outside of the company” and his last day is Aug. 21, according to an internal memo described to The Wall Street Journal that was sent to bank employees this month.

Mr. D’Arcy, who joined Wells Fargo in February 2017, will be succeeded by

Mark Weintraub,

who was Wells…

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