Consumers National Bank Introduces New Position of Chief Risk Officer and Legal Counsel

Consumers National Bank Introduces New Position of Chief Risk Officer and Legal Counsel

Minerva, Ohio-Consumers National Bank announced the addition of Stephen Karapasha, Chief Risk Officer and Chief Legal Counsel to the executive management team. He reports to President and CEO, Ralph J. Lober II.

The Chief Risk Officer-Chief Legal Counsel is a new role created to consolidate the bank’s risk functions; to ensure the bank’s systems are prepared for growth and the added complexity that today’s banking environment brings; and to provide the management team and operational areas access to in-house legal resources for the first time.

“Stephen’s experience in risk management, compliance, bank operations, mergers, and legal at the community bank level brings a unique skill set and perspective to this role. I look forward to him elevating Consumers’ risk management programs and practices while maintaining our community and customer focus. A career community banker, he understands the unique challenges and opportunities that community banks encounter. Additionally, it is nice to bring a local native back to Stark County,” said Lober.

Karapasha is a native of Canton, Ohio. He earned his undergraduate degree from The University of Akron and his Juris Doctorate and LL.M in Business and Taxation from Capital University Law School in Columbus, Ohio. He and his family are relocating from Columbus to the Canton area. “I am excited to join a great and growing community bank that serves the region that I call home, said Karapasha.