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In a recent announcement, Kennebunk Savings has appointed William Saufley, Esq. as its executive vice president and chief risk officer. Saufley previously worked for the bank from December 2007 to November 2012 and is now returning to his former position of chief risk officer.

Saufley expressed his excitement about rejoining Kennebunk Savings in an email, stating that he respected the bank’s leadership and their commitment to customers, employees, and the community. He noted that these values align with his own and that he is looking forward to contributing to the bank’s continued growth as chief risk officer.

As chief risk officer, Saufley will oversee various aspects of the bank’s risk management operations, including internal audits, regulatory examinations, risk integration into strategic planning, and risk identification and mitigation. Kennebunk Savings President Lex Meagher commended Saufley’s exceptional leadership and decision-making skills and emphasized the importance of this role in ensuring the bank’s continued success. Meagher also expressed gratitude for Saufley’s return and valued his expertise and insight.

Saufley holds a bachelor of arts degree from Dartmouth College and a Juris Doctor from the University of Maine School of Law. He has extensive experience in serving as general counsel for various financial institutions and organizations over the past 16 years. Saufley is an active member of several professional associations, including 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 in recognition of his contributions to the legal and financial industries.

Overall, Kennebunk Savings’ appointment of William Saufley as its executive vice president and chief risk officer is a positive step towards ensuring continued growth while maintaining strong values around customer service

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