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Rockland Trust Appoints Dawn A. Mugford as Chief Risk Officer

Hanover, Massachusetts. August 22, 2022 – Rockland Trust Company announced today the appointment of Dawn A. Mugford as Chief Risk Officer (CRO) of both Rockland Trust and its bank holding company parent Independent Bank Corp. (NASDAQ Global Select Market: INDB). Dawn brings over two decades of expertise in risk management, audit, and quality assurance gained through senior leadership roles within the financial services and insurance industries. Dawn will serve on the Bank’s executive leadership team reporting to Chris Oddleifson, Chief Executive Officer.
As CRO, Dawn will be responsible for the enterprise-wide monitoring, controls, measurement, and reporting of all major risk types as well as expanding on the Bank’s existing Enterprise Risk Management (ERM) infrastructure to help the organization continue to maintain colleague, customer, community, and shareholder confidence.

“Dawn’s keen analytical skills, extensive experience, and innovative approach to risk management will help us build on the strong ERM infrastructure Rockland Trust has deeply invested in and worked diligently to evolve over the last five years,” said Oddleifson. “We are delighted to welcome her to the Bank and look forward to her contributions and leadership in this critical role.”

“Rockland Trust has been able to develop and sustain an impressively disciplined risk management culture as it has grown into the over $20 billion bank it is today,” said Dawn. “I am proud to join that culture and contribute my experience and expertise to invest in and enhance the robust ERM foundation that the Bank has so thoughtfully created.”

Before joining Rockland Trust, Dawn was the Senior Vice President and Director of Operational Risk Management, Corporate Security, and Investigations at Eastern Bank for nearly four years. Prior to that, she worked at UNUM Insurance as the Director of Policies, Procedures and Quality Review. Previously, Dawn also served as SVP and Director of Credit Risk Management for TD Bank after working with TD Bank’s parent company, TD Bank Group, in Canada for over 18 years in the areas of risk, audit, credit, portfolio review, and finance as well as assisting with the due diligence of US acquisitions.
Dawn earned her Bachelor of Business Administration from Wilfrid Laurier University in Canada. Her passion and enthusiasm for her profession extends to her personal life. She has climbed Mount Kilimanjaro, scuba dives, and regularly participates in triathlons and ultra-marathons. Over the years, Dawn has volunteered with a number of organizations including the United Way, Junior Achievement, and the Maine Cancer Society.

Dawn has assumed the CRO role from Edward H. Seksay as part of customary succession planning. Mr. Seksay continues to serve as General Counsel of Rockland Trust and Independent Bank Corp. and as President and Board chair of Rockland Trust’s affiliated charitable foundations.