Cenlar FSB adds seasoned risk management exec to leadership team

Before Cenlar, Shen spent 12 years at KPMG’s advisory practice as director of modeling and valuation. Prior to that, he was a mortgage valuation associate at the Federal Home Loan Bank of Atlanta.

“As an independent validator who provides an effective challenge to model owners, I am a firm believer in transparent communication and close collaboration,” Shen said. “My goal is to partner with the business units to build robust model risk management practice in assisting the company’s business decisions.”

Read more: Cenlar FSB announces new co-CEOs

Early this month, Cenlar revealed the appointment of David Applegate and Robert Lux as co-CEOs. They assumed the role of Greg Tornquist, who retired from his position as CEO, president and chairman of the board after 35 years with the company.