Kennebunk Savings hired William Saufley, Esq. as its executive vice president and chief risk officer. According to a May 28 news release, Saufley is no stranger to the bank. He worked for Kennebunk Savings from December 2007 to November 2012. During his previous tenure, he initially served as senior vice president of project management, but was later appointed as the bank’s first chief risk officer in November 2008, a role to which he now returns.

Kennebunk Savings hired William Saufley as its executive vice president and chief risk officer. Contributed

“I have such deep respect for the leadership at Kennebunk Savings and their commitment to their customers, employees and community which aligns with my values,” said Saufley in an email. “It’s exciting to be back.”

As chief risk officer, Saufley will be responsible for the bank’s risk management operations, including overseeing internal audits and regulatory examinations, integrating risk concepts into strategic planning, and identifying and mitigating risks.

“Saufley’s exceptional leadership and decision-making skills will be instrumental in ensuring the bank’s continued growth,” wrote Lex Meagher, president of Kennebunk Savings. “The chief risk officer is an important position at the bank, and I’m glad Bill agreed to come back. I personally value his expertise and insight.”

Saufley received a bachelor of arts from Dartmouth College and his Juris Doctor from the University of Maine School of Law. He has served as general counsel for 16 years combined at Maine Savings Bank, Fleet Financial Group and Coastal Bank, was the deputy executive director of the Maine Public Employees Retirement System, and for the past 10 years, was general counsel at Residential Mortgage Services.

Saufley is a past or current member of the Maine State Bar Association, American Bar Association, Mortgage Bankers Association, Mortgage Compliance Association, and the Society for Human Resources Management. In 2020, he received the Marquis Who’s Who Albert Nelson Lifetime Achievement Award.

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