Who is the Chief Risk Officer of Wells Fargo?
Derek Flowers has been the Chief Risk Officer of Wells Fargo since 2022 and reports to Charlie Scharf. He joined the company in 1995 and led the strategic execution and operations office from June 2019 to January 2022, after serving as chief credit and market risk officer for the company and for Wells Fargo Securities and the corporate banking groups. Derek reached the role after 3 tracked posts, most recently Senior Executive Vice President and Chief Risk Officer at Wells Fargo. Derek studied at University of Arizona (B.S. in finance and entrepreneurship), University of Michigan Ross School of Business (MBA). Derek is based out of Charlotte, North Carolina. Derek is one of 10 tracked leaders at the company.
Derek Flowers profile
Derek Flowers has been senior executive vice president and chief risk officer of Wells Fargo since January 2022, and is based in Charlotte. In September 2026 Wells Fargo announced that he will retire in mid-January 2027, with Scott Powell succeeding him.
- Education
- University of Arizona (B.S. in finance and entrepreneurship), University of Michigan Ross School of Business (MBA)
- Reports to
- Charlie Scharf
- ••••@wellsfargo.com
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Derek Flowers career history
- Senior Executive Vice President and Chief Risk Officer, Wells FargoJanuary 2022 to present
- Head of Strategic Execution and Operations, Wells FargoJune 2019 to January 2022
- Chief Credit and Market Risk Officer, Wells Fargo
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Other leaders at Wells Fargo
| Leader | Profile | |
|---|---|---|
CS Charlie ScharfChairman and Chief Executive Officer | ••••@wellsfargo.com | Profile → |
| MSMike SantomassimoChief Financial Officer | ••••@wellsfargo.com | Profile → |
| SPScott PowellChief Operating Officer | ••••@wellsfargo.com | Profile → |
| BEBridget EngleHead of Technology | ••••@wellsfargo.com | Profile → |
| FRFernando RivasCEO of Corporate and Investment Banking | ••••@wellsfargo.com | Profile → |
| KHKyle HranickyCEO of Commercial Banking | ••••@wellsfargo.com | Profile → |
| KSKleber SantosCo-CEO, Consumer Banking and Lending | ••••@wellsfargo.com | Profile → |
| SVSaul Van BeurdenHead of Artificial Intelligence | ••••@wellsfargo.com | Profile → |
| BSBarry SommersCEO of Wealth and Investment Management | ••••@wellsfargo.com | Profile → |
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