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Mary Lou Peters

Mary Lou Peters

Managing Director, Head of Control for the Corporate & Investment Bank, Wells Fargo

Mary Lou Peters is the Control Management Executive for the Corporate & Investment Bank (CIB), responsible for leading front-line operational risk management and developing an aggregate view of the risks across the ClB businesses globally, including Markets, Banking, Commercial Real Estate, and the bank’s International activities. She is a member of the CIB Operating Committee and the bank’s Management Committee. Mary Lou joined Wells Fargo in 2019 from Ernst & Young, where she led a practice consulting with banks across the industry on front-line risk and controls. Prior to Ernst & Young, Mary Lou was the global head of Non[1]Market Risk for Morgan's Fixed Income, Commodities, and Currencies division, where she managed first-line risk and control for more than a decade, and was a member of FICC's Operating and Management Committees. She also served as a trustee of the Morgan Stanley Foundation. Before moving into the FICC line of business, Mary Lou held various roles in Morgan Stanley's Legal Department. She began her career in law, as an associate in the Business and Securities Litigation practice of Weil, Gotshal & Manges. Mary Lou holds a B.A. in political science from Michigan State University and a J.D. from the University of Michigan Law School. She has spent her entire career in New York City and is based in the Hudson Yards office.