Bank Stress-Testing Specialist Invictus Hires Two

Apr 16 2013 | 11:47am ET

Invictus Consulting Group, an advisory firm specializing in stress testing banks, has added Thomas Rideout and Chet Gibson as executive directors.

Rideout, a former president of the American Bankers Association, has more than 40 years of management and leadership experience in financial and operational risk mitigation, business development and government and regulatory relations. His resume includes senior positions at Wachovia Bank, Savannah Bank & Trust Company and First Union National Bank of North Carolina.

Gibson joins Invictus from the consulting and venture capital firm EDM Advisory, where he served as managing director. Prior to that, he was the CEO of an Italian manufacturing company, vice president of marketing for a $1.2 billion manufacturing enterprise and managing director of a U.S. building materials enterprise.

“We are pleased to have Tom and Chet join our expanding team,” said Kamal Mustafa, CEO of the New York-based Invictus, in a statement: “As a highly experienced senior banker, Tom will concentrate on working with top banking officials and boards. Chet will focus on providing  in‐depth and hands‐on managerial assistance and advice to banking clients. Both are seasoned executives and have extensive backgrounds that will prove exceptionally valuable to our growing roster of clients.” 

Invictus says Dodd Frank stress tests and the eventual implementation of Basel III banking regulations have meant increased demand for the firm's technology.


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