Bank of America, CIT Group and BBVA: Bankers on the move
As 2018 comes to a close, several banks are experiencing shake-ups in management.
Both Bank of America and CIT Group made several changes, with BoA shuffling executives in its wealth management and consumer banking divisions, while CIT appointed a new chief risk officer and a Santander exec to lead its banking division.
BBVA also announced two key hires. The chief executive of BBVA Compass, Onur Genç, was named head of its global parent in Spain, while former Amazon executive David Hijirida was named chief executive of Simple.
A clutch of banks also witnessed the departure of leadership, including Opus Bank in Irvine, Calif., Berkshire Hills Bancorp in Boston, Live Oak Bancshares in Wilmington, N.C., and QCR Holdings in Moline, Ill.
Following is a guide to the biggest moves: