The Most Powerful Women in Banking
As the potential for a recession looms, the New York bank is continuing with its plan to grow wealth management and shrink its foreign consumer banking footprint.
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When Nandita Bakhshi took a job as a part-time bank teller in 1986, she found an environment far removed from today's. "The expectation for anyone who didn't fit expectations was to conform as best we could to a very narrow definition of 'professionalism,' " says Bakhshi, who took the teller job after moving from India to the U.S. to support her husband's academic career. "Times have changed," she says.
October 5
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In her fourth year as CEO of City National Bank, Kelly Coffey is expanding the types of lending her bank offers while also increasing diversity in her leadership team. Since Coffey was named CEO in February 2019, business has grown substantially.
October 5
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As U.S. Bancorp's vice chair and chief administrative officer, Kate Quinn is leading a $573 billion-asset company she says is focused on "meeting customers where they are and how they want to do business." Quinn joined the bank in 2013 and was appointed to the chief administrative role in 2017.
October 5
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Discovery Federal Credit Union in Wyomissing has promoted its chief information officer, Michele Smith, to succeed Edwin Williams as CEO. Smith assumed her new role effective October 1.
October 3
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Yie-Hsin Hung will join State Street Global Advisors in December, succeeding Cyrus Taraporevala, who has been CEO since 2016. The hiring comes as the Boston-based custody bank continues to await regulatory approval for its acquisition of Brown Brothers Harriman's investor services division.
September 27
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