Former Federal Reserve Board Officer, Angela Desmond, Joins Corporate Risk Advisors as Managing Director

WASHINGTON--(Business Wire)--
Corporate Risk Advisors LLC, a DC-based consulting and strategic advisory firm
specializing in the financial services industry, today announced that Angela
Desmond has joined the firm as Managing Director.

Ms. Desmond has considerable experience in policy development, financial
services regulation, payment and settlement systems, corporate governance,
enterprise risk management, and international coordination and outreach. Prior
to joining Corporate Risk Advisors, Ms. Desmond served as Chief of Staff for
Mark W. Olson, Chairman of the Public Company Accounting Oversight Board
(PCAOB), and acted as interim Chief Administrative Officer.

Ms. Desmond is a former officer with the Federal Reserve Board, where her work
included contributing to the development and implementation of its Enterprise
Risk Management Program; assisting in efforts to improve the resilience of the
U.S. financial system and Critical Infrastructure; and helping to establish and
implement policy and supervisory initiatives relating to futures commission
merchants, investment advisors, and bank securities and insurance activities.
Ms. Desmond also was active in coordinating business continuity and pandemic
planning efforts involving the Federal Reserve, federal financial agencies, and
the financial sector. She participated in several work groups at the Joint Forum
and the Financial Stability Forum, and in outreach efforts to foreign central
banks and regulatory authorities on behalf of the International Monetary Fund.
She was a principal author of an interagency statement, Sound Practices to
Strengthen the Resilience of the Financial System (2005), and a Joint Forum
paper, High Level Principles for Business Continuity (2005).

Ms. Desmond is a former General Counsel of the Municipal Securities Rulemaking
Board. She was a Branch Chief at the Securities and Exchange Commission and
served in the Appellate Section of the General Counsel`s office. Ms. Desmond
holds a J.D. from American University, where she was an Editor of the Law
Review.

Ms. Desmond will be working with Susanna K. Tisa, whojoined Corporate Risk
Advisors as Managing Director in September 2008. Ms. Tisa is a senior executive
with over twenty five years of experience at Fortune 500 financial companies,
community banks, industry consulting firms, and international development
organizations. She specializes in advising clients on liquidity and capital
planning, corporate treasury, risk management and compliance, financial
performance management, and investor relations. Ms. Tisa`s background includes
serving as Senior Vice President of Finance at Freddie Mac, Vice
President/Treasurer at Capital One Financial, and Vice President of Corporate
Finance at First Interstate Bancorp. She has also served as Chief Financial
Officer of the Development Gateway Foundation and as Capital Strategy Advisor to
global microfinance network FINCA International.

"Market conditions and regulatory reform initiatives create challenges and
opportunities for financial companies participating in U.S. and global markets,"
said Jeremiah S. Buckley, President of Corporate Risk Advisors. "The need for
sound advice has never been greater. Angela and Susanna deliver the full range
of strategic and operational advice needed in today`s evolving economic and
regulatory environment."

Ms. Desmond and Ms. Tisa join Mark W. Olson,who was named as Corporate Risk
Advisors` Co-Chairman in September 2009. Mr. Olson is a former Federal Reserve
Board Governor, President of American Bankers Association, and most recently,
Chairman of the PCAOB. Mr. Olson provides strategic advice to financial
companies and organizations of all sizes.

"We intend to continue to build deep capabilities to serve the financial
services firms that are turning to Corporate Risk Advisors for assistance in
today's crisis. We expect to be announcing other important hires in the near
future," said Andrew L. Sandler, Chief Executive Officer of Corporate Risk
Advisors.

About Corporate Risk Advisors LLC

Corporate Risk Advisors, based in Washington, DC, is a multi-disciplinary
consulting and strategic advisory firm for the financial services industry. With
clients in banking and finance, securities and investment, mortgage and
specialty finance, insurance, and payments processing, Corporate Risk Advisors`
team of experienced executives provide best-in-class advice in areas including
crisis management, regulatory compliance, business consulting, acquisition
strategy, corporate governance, fair lending, due diligence, bank financial
analytics, and litigation support. For more information, visit
www.corpriskadvisors.com.

Corporate Risk Advisors LLC
Joan Morgulec, 202-461-2916
Cell: 202-365-0336

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