Derek A. Flowers

Senior Executive Vice President, Chief Risk Officer

Wells Fargo & Company

As Senior Executive Vice President and Chief Risk Officer, Derek Flowers is accountable for the effective governance of the company’s risk programs. As the leader of the independent corporate risk function, he oversees all financial and non-financial risks, including compliance risk management. Derek’s leadership team includes chief risk officers for each of the five business groups and Finance, and risk officers overseeing risk management programs by risk type. Derek serves on the Wells Fargo Operating Committee and is based in Charlotte, North Carolina.

Derek most recently served as the head of Wells Fargo’s Strategic Execution & Operations Office, responsible for driving transformation and achieving operational excellence across all the company’s businesses to enable the company to better execute against regulatory priorities. Prior to that, Derek was Wells Fargo’s chief credit and market risk officer, responsible for oversight of all credit, counterparty, and market risk undertaken throughout the company. He also chaired the Credit Risk Management and Market Risk Committees, and assisted management and the Board of Directors in identifying and monitoring credit, counterparty, and market risk.

Before that role, Derek was chief credit and market risk officer for Wells Fargo Securities and Wells Fargo’s Corporate Banking groups, which include the company’s corporate, energy, power and utilities, gaming, restaurant, and sponsor finance businesses. He also led the corporate credit group within Wells Fargo Securities Principal Investment Group.

Derek began his career in Wholesale Banking where he served in various lending and strategic planning roles. He received his B.S. degree in finance and entrepreneurship from the University of Arizona and earned his MBA from the Ross School of Business at the University of Michigan.