Carter Bank & Trust announced that its director of internal audit, Christy Meier, has been promoted to senior vice president. While independently accountable to the Audit Committee of the Board of Directors, Meier reports administratively to the chief executive officer. Prior to this promotion, Meier was vice president. According to Van Dyke, Meier is directly responsible for the following: Maintaining a best in class internal audit program at Carter Bank & Trust; Examining the effectiveness of all risk management functions within the organization; Challenging senior management to adopt appropriate policies, procedures and controls; Verifying that the board of directors and senior management are setting and monitoring compliance within the bank’s risk tolerance limits; Assessing the governance at all management levels.