Synovus Financial Corp. announced the hiring of Michael Colasso as the company’s new enterprise and operational risk executive director. Colasso reports to Executive Vice President and Chief Risk Officer Shellie Creson and is based in Atlanta, Georgia.

He is responsible for the strategic design and execution of Synovus’ enterprise and operational risk programs and oversight, including frameworks and methodologies to support effective risk identification, assessment, mitigation and monitoring. Colasso has more than 15 years of financial risk management experience. He joins Synovus from Truist, where he most recently served as head of enterprise risk management programs and framework since 2019.

Colasso began his career in fraud and forensics at KPMG and served as a senior examiner at the Federal Reserve Bank of Atlanta for banks with more than $100 billion in assets. Colasso is a graduate of Emory University. He holds a certified public accountant license and certified fraud examiner designation.