CIT Bank Exec Gagnon Joins Banc of California as CCO
FEB 12, 2018 - 6:53 am
Banc of California hired Kris Gagnon as chief credit officer. Gagnon joined from CIT Bank, where he served as chief credit officer.
“The addition of Kris Gagnon to Banc of California is yet another example of the substantial recruiting opportunity we are seeing across our markets and demonstrates our continued ability to attract California’s top banking talent to the company,” said Doug Bowers, president and CEO.
Gagnon will lead Banc of California’s enterprise credit organization, including responsibility for underwriting, credit policy, credit administration and special assets.
Before joining CIT, he served in various senior leadership roles at Bank of America for 30 years, including serving as enterprise credit risk executive, chief risk officer of the Global Corporate and Commercial Bank, and as Chief Credit Officer for the Commercial Banking, ABL, Leasing and Global Treasury Services divisions.
Have good economic times led to an over production of equipment with negative value implications? If the economy declines, will residual values follow? Is there a growing residual value risk? This article will present several examples of residual value risk... read more
As illustrated throughout the magazine this issue, Monitor is celebrating the women who work with and in the equipment finance industry. But for all of the advancement that’s occurred in the last few decades as more and more women have... read more