- Slice of Finance
- Posts
- Customers Bank Enhances Leadership with New Chief Banking and Risk Officers
Customers Bank Enhances Leadership with New Chief Banking and Risk Officers
Slice of Finance Team
12 Sep
Key Highlights:
Lyle Cunningham promoted to Chief Banking Officer, overseeing lending and deposits.
Nick Robinson named Chief Risk Officer, bringing 25+ years of experience from Capital One.
Joan Cheney transitions to Deputy Chief Risk Officer, partnering with Robinson.
Customers Bank reinforces its risk management and deposit growth strategies.
Source (Business Wire)
Notable Quote:
“Customers Bank has grown into one of the nation’s top-performing banks, and as we position ourselves for the next stage of our journey, we must remain cognizant of the rapidly evolving environment around us and all its associated risks and opportunities. Their dedication to delivering exceptional customer service and forward-thinking technological solutions, all with an eye toward prudent risk management, will be key to our continued success."
Our Take:
Customers Bank’s strategic leadership appointments underscore its commitment to deposit growth and risk management. The promotion of Lyle Cunningham to Chief Banking Officer and the addition of Nick Robinson as Chief Risk Officer signal a focus on enhancing core banking functions while adapting to regulatory changes. With nearly $21 billion in assets, the bank is poised to sustain its strong performance through these leadership initiatives, ensuring future success amidst evolving industry challenges.