Industry News and Headlines

Onity Group Adds a Former Truist Executive to C-Suite

Onity Group announced the appointment of Aulene Wessel, a former executive vice president at Truist, as its new chief accounting officer. Wessel replaces Francois Grunenwald, who will exit after a transition period. Her résumé includes senior roles at SoFi, Silicon Valley Bank, American Express, Barclays and BDO, covering accounting, SEC reporting and consumer finance across the US, UK and South Africa. The move signals Onity’s intent to bolster financial controls as it scales its fintech operations.