Top 10 Moves Within Consumer (June 2023)

Welcome to TALNT, your go-to source for the latest updates in the dynamic world of the Consumer sector. In this article, we will delve into the most significant people moves that took place in June 2023, focusing on key subsectors such as Payments, Digital Banking, Retail Banking, and Lending. As the consumer landscape continues to evolve, these sectors play a vital role in shaping the way we transact, bank, and access financial services. From industry veterans taking on new leadership roles to rising stars making their mark, the month of June witnessed several noteworthy personnel changes that are bound to have a lasting impact on the Consumer sector. So, lets explore the top ten popular people moves and gain insights into the individuals shaping the future of these crucial subsectors.

1. SM Investments Appoints Amando Tetangco Jr. as Chairman

SM Investments, the largest publicly traded company in the Philippines, has named Amando Tetangco Jr., former central bank Governor, as its new Chairman. Amando Tetangco Jr., with a distinguished career in central banking spanning over four decades, replaces Jose Sio, who has transitioned to Chairman Emeritus. The appointment reflects SM Investments confidence in Tetangcos expertise and his potential to drive the companys continued success and growth.....

2. Banner Bank Promotes Karen Harrison to Executive VP

Banner Banks board of directors has announced the promotion of Karen Harrison to Executive Vice President, Community Banking Executive. With her extensive leadership capabilities and strategic acumen, Karen has been instrumental in overseeing the performance of 137 branches across four states, including the digital branch, business banking services, merchant services, and Community Banking training and development. This well-deserved promotion acknowledges Karens significant contributions to both clients and the bank, reinforcing Banner Banks commitment to strong community banking leadership.

3. Peter Estlin Appointed Chair of Vanquis Banking Group

Vanquis Banking Group has announced the appointment of Peter Estlin as its new Chair, succeeding Patrick Snowball in 2023. With a wealth of experience, including key positions at Barclays, Estlins extensive background in finance and leadership positions him to contribute significantly to Vanquis Banking Groups strategic direction and growth. Regulatory approval is pending before he assumes his new role.

4. Fibabanka Appoints Ali Fuat Erbil as Board Member

Fibabanka, a prominent banking institution, has appointed Ali Fuat Erbil as a board member, adding a valuable asset to their leadership team. With a strong background in the banking industry and extensive experience at Garanti Bank, Erbil brings a wealth of expertise to his new role. His career progression and academic achievements highlight his dedication and knowledge in the field of banking and finance.

5. Anthony Contrucci Named President of First Bancshares Inc.

Michael E. Schrage, Chairman and CEO of Centier Bank, is delighted to announce Anthony Contrucci as the President of First Bancshares Inc., the banks holding company. With 20 years of experience in finance and banking, Contruccis appointment brings fresh leadership to drive growth and innovation.

6. Evertec Appoints Virginia Gambale as Independent Director

EVERTEC, Inc. has announced the appointment of Virginia Gambale as an independent director of the Board, effective May 25, 2023. With her extensive experience in strategic advisory and technology companies, Gambales addition enhances the Boards expertise. She currently serves as a director for various renowned companies and holds a bachelors degree in Math, Computer, and Business from the New York Institute of Technology.

7. Time Finance Welcomes Matthew Ridgley as Asset Manager

Time Finance is pleased to announce the addition of Matthew Ridgley to their team as an asset manager. With 17 years of industry experience, Ridgley brings a wealth of knowledge from his previous roles at Bank of Scotland, Siemens Financial Services, and Lombard Asset Finance. His appointment further enhances the expertise of the Time Finance team.

8. Trinity Capital Expands Origination Team with Tech Lending Expert

Trinity Capital Inc, a leading provider of financial solutions to growth-stage companies, announces the appointment of Andrew Ghannam as Managing Director of Tech Lending. With a decade of experience in venture banking and a strong network, Ghannams expertise will drive portfolio growth and support the entrepreneurial ecosystem in New York, a thriving market for tech investments.

9. Jim Fagan Joins AFC Gamma Board

AFC Gamma is pleased to announce the appointment of Jim Fagan to its Board of Directors. With over 40 years of experience in the commercial real estate industry, Fagan brings valuable expertise and insights to AFC Gamma. His addition further enhances the companys capabilities and benefits stakeholders.

10. CrossFirst Bank Welcomes Brendon Maguffee as Tulsa Market President

CrossFirst Bank, a subsidiary of CrossFirst Bankshares, Inc, is delighted to announce the appointment of Brendon Maguffee as the Market President in Tulsa, Oklahoma. With 20 years of banking experience, Maguffees expertise in serving mid-sized businesses and high-touch professionals will enhance the banks offerings. He is also actively involved in volunteer work, supporting organizations like the Tulsa Area United Way and The Center for Individuals with Physical Challenges.

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Chart illustrating a comparison between new hires and departures over a specified period, highlighting fluctuations and trends in workforce changes.
Chart illustrating a comparison between new hires and departures over a specified period, highlighting fluctuations and trends in workforce changes.