Patrick Derpinghaus of Associated Banc-Corp to retire

Patrick Derpinghaus, executive vice president and chief audit executive of Associated Banc-Corp, Green Bay, Wis., announced he plans to retire March 1, 2018. Derpinghaus, who joined Associated in 2011, had a successful career in various audit, accounting and administrative roles within the financial services industry spanning four decades. He also played an integral role in leading the Associated Veterans Network.

Matthew Braeger has accepted the position of executive vice president and deputy chief audit executive in anticipation of Derpinghaus’ retirement.

Braeger joined Associated in 2013 as senior vice president and audit director. He has more than 17 years’ of audit experience, primarily in banking technology and financial services.

Nicole Kitowski, executive vice president and deputy chief risk officer, has been appointed to Associated’s executive committee.

Kitowski joined Associated in 1992 and has held leadership roles in consumer banking, operations and technology, and corporate risk. She is currently responsible for financial intelligence, corporate security, third party risk management, and operational risk management.