Renowned banking consultant dies at 77

Darling Consulting Group founder George Darling died June 11 at the age of 77, according to a company press release.

An esteemed educator and banking industry expert in balance sheet risk management, Darling was the retired CEO of the Newburyport, Mass.-based consulting firm Darling Consulting Group. He also founded Darling & Associates, a firm considered to be on the leading edge of bank balance sheet management software in the 1980s. 

“Over more than four decades in the industry, George led Darling Consulting Group’s transformation from a niche bank software provider to the industry’s leading balance sheet and model risk management consulting firm, with 130 employees and clients in all 50 U.S. states,” the firm stated.

A memorial service will be announced at a later date.