Customers Bank Expands Fund Financing Focus With Strategic Hires
2021年6月4日 - 12:00AM
ビジネスワイヤ(英語)
Customers Bank, a digital forward super-community bank with
approximately $18.8 billion in assets, has hired Joseph M. Pennini
as Managing Director and Head of Fund Finance. Pennini will expand
the bank’s private equity lending practice and grow its treasury
services business as part of its continued national expansion
effort.
“We are delighted to have Joe lead the bank’s coverage of
Private Equity and Hedge Fund clients. Customers Bank is making a
targeted effort to expand its Fund Finance business and, at the
same time, deepen relationships with existing clients,” said Lyle
Cunningham, Executive Vice President and Chief Lending Officer at
Customers Bank. “This market is underserved and is an area of
strategic growth for the bank. We look forward to leveraging Joe’s
extensive experience, knowledge and industry contacts as we
continue to expand our portfolio of commercial banking
services.”
For over 30 years, Pennini has held various investment banking
and corporate banking roles at bulge bracket banks, including
J.P.Morgan’s Global Corporate & Bank, where he launched Global
Corporate Banking coverage of Alternative Asset Managers. Pennini
reports to Cunningham.
Marya Savola is joining Pennini’s Fund Finance team as Vice
President and Credit Portfolio Manager. Savola brings more than 20
years of investment and commercial banking experience to the team.
Prior to joining Customers Bank, she served as a Relationship
Manager within J.P. Morgan’s FIG Funds Group.
Rounding out the team is Oleg Karaman. Karaman, who joined
Customers Bank as a Senior Vice President in 2018, has over 15
years of commercial banking and treasury service sales experience.
Karaman is responsible for Treasury Services origination and
relationship management.
Recently, Customers Bank announced a national expansion of its
private and commercial banking teams as the bank continues to build
upon its national recognition for providing innovative banking
products and services to commercial clients. The national expansion
included opening new commercial banking offices in Dallas, TX,
Orlando, FL, and an increase of the bank’s Midwest presence, based
in Chicago.
To learn more about Customers Bank and its products and
services, visit www.customersbank.com.
About Customers Bank
Customers Bank, a subsidiary of Customers Bancorp, Inc.
(NYSE:CUBI) a bank holding company, is a full-service
super-community bank with assets of approximately $18.8 billion at
March 31, 2021. A member of the Federal Reserve System with
deposits insured by the Federal Deposit Insurance Corporation,
Customers Bank is an equal opportunity lender that provides a range
of banking and lending services to small and medium-sized
businesses, professionals, individuals and families. Services and
products are available wherever permitted by law through
digital-first apps, online portals, and a network of offices and
branches. Additional information can be found on the company’s
website, www.customersbank.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20210603005715/en/
David W. Patti Communications & Marketing
Director 610-451-9452
Customers Bancorp (NYSE:CUBI)
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