Citi – The banking large final week named Jane Fraser as its new CEO, succeeding Michael Corbat, who’s to retire.
Fraser is the primary girl to carry the highest job at Citi, and can tackle the position from February 2021.
She is at the moment president of the corporate and CEO of worldwide client banking, and has labored for Citi for 16 years.
“I have worked with Jane for many years and am proud to have her succeed me,” Corbat mentioned. “With her leadership, experience and values, I know she will make an outstanding CEO.”
Fraser mentioned she would lead funding into Citi’s “infrastructure, risk management and controls to ensure that we operate in a safe and sound manner and serve our clients and customers with excellence”.
“The way our team has come together during this pandemic shows what Citi is made of,” she added. “Our steadiness sheet is powerful and our dedication to serving our purchasers and communities is even stronger.
“I will do everything I can to make all of our stakeholders proud of our firm as we continue to build a better bank and improve our returns… Citi is an incredible institution with a proud history and a bright future. I am excited to join with my colleagues in writing the next chapter.”
Earlier than taking her present position, Fraser was CEO for Citi’s Latin American enterprise from 2015 to 2019. She has additionally led the US client and industrial banking arm, CitiMortage, and Citi’s Personal Bank, all as CEO.
Earlier than becoming a member of Citi in 2004, Fraser was a associate at McKinsey, and has labored for Goldman Sachs and Asesores Bursatiles.
HSBC USA – Mark Pittsey is HSBC USA’s new head of wealth, accountable for the bank’s wealth proposition throughout personal administration.
He has labored at HSBC for 10 years, most not too long ago as managing director and market head for the central and western areas, in addition to being one of many bank’s sustainability leaders. He has beforehand labored for Deutsche Bank’s US personal wealth enterprise and for Wells Fargo.
In February, HSBC Group introduced the mixture of its retail banking and wealth administration division with its international personal banking arm, creating the Wealth and Private Banking enterprise, accountable for $1.four trillion in belongings.
Bank 34 – Co-president and co-CEO Jill Gutierrez is to retire from Bank 34 on the finish of this month.
James Crotty will take over as sole president and CEO upon Gutierrez’s departure. The pair have shared the position since July when Crotty joined from funding bank KBW.
Bank 34 mentioned Gutierrez had agreed to stay concerned as a advisor for 3 months “to assist the company with special projects and transitioning related responsibilities”.
Gutierrez has been within the banking business since 1972 and joined Bank 34 since 2007.
Randall Rabon, chairman of Bank 34, mentioned Gutierrez was “instrumental in leading the bank out of the Great Recession” in addition to “strengthening the culture and credit standards we enjoy today”.
She additionally oversaw the acquisition of Bank 1440 in 2014, and the conversion of Bank 34 right into a public firm in 2016.
Bank of the West – Bank of the West has appointed Hope Mehlman as common counsel and company secretary. She can even take over as company secretary for the bank’s dad or mum firm, BNP Paribas USA.
Mehlman’s duties embrace main Bank of the West’s authorized actions, regulatory relations and authorities affairs capabilities, the bank mentioned in an announcement. She can even work carefully with BNP Paribas Group authorized groups and be a part of the BNP Paribas USA government administration committee.
Mehlman joins from Areas Monetary Company, the place she spent 14 years in a wide range of senior roles. She succeeds Vanessa Washington who will retire from the bank on the finish of the month after 14 years.
Bank Midwest – The neighborhood bank servicing Kansas and Missouri has named Nicole Van Denabeele as its new president. She succeeds Whitney Bartelli, who has been president since 2015 and is leaving “to pursue another opportunity”, based on an announcement.
Tim Laney, CEO and chairman of Nationwide Bank Holdings (NBH), Bank Midwest’s dad or mum firm, mentioned Van Denabeele was a “natural choice” for the position.
“She has made a number of meaningful contributions to our business and has demonstrated exceptional leadership throughout her tenure,” he mentioned.
Van Denabeele joined NBH Bank in 2018 as chief accounting officer, having beforehand labored at Deloitte.
Amerant Bancorp – The Florida-based banking group has named Adrian Collard as senior vice chairman and chief advertising and marketing officer (CMO).
He was beforehand interim CMO for Mastercard in Latin America and the Caribbean, the place he developed and launched “numerous market-leading strategic campaigns”, Amerant mentioned.
He has additionally labored at PayPal the place he was head of worldwide model technique and advertising and marketing.
Amerant CEO Millar Wilson mentioned Collard’s expertise could be “instrumental to the implementation of our strategic plan”.
American Enterprise Bank – Brian Horton has joined American Enterprise Bank as a senior advisor to help with strategic points “as well as working with existing clients and developing new relationships”, the bank introduced earlier this month.
Horton was beforehand president and director of California United Bank and 1st Enterprise Bank, which he co-founded in 2006. He additionally spent 18 years at 1st Enterprise Bank, the place he labored with a number of of American Enterprise Bank’s senior officers.
Flagstar Bank – Lee Smith is to guide Flagstar’s mortgage enterprise, the bank has introduced.
He has labored for Flagstar since 2013 as government vice chairman and chief working officer, accountable for a number of key enterprise models on the $26.eight billion bank.
In his new position, Smith might be accountable for the course and oversight of all features of the mortgage enterprise, Flagstar mentioned, together with its strategic development.
The COO position is being eradicated, the bank mentioned.
Nice Western Bank – Amy Johnson has been appointed director of treasury administration for Nice Western Bank.
She was beforehand a senior vice chairman in treasury administration for a “large national bank”, her new employer mentioned in an announcement.
American Specific – Colleen Taylor has joined American Specific as president of service provider companies for the US, a newly created position.
She’s going to lead the group that “acquires and manages the relationships with the millions of merchants that accept American Express across the US”, the corporate mentioned.
Taylor joins from Wells Fargo the place she was government vice chairman of service provider companies. She beforehand labored as EVP for brand new funds at Mastercard and has additionally labored at Capital One, Wachovia Bank and JPMorgan Chase.