Owen Beacom, chief credit officer of Byline Bancorp and Byline Bank, will retire, effective Aug. 14. Mark Fucinato, currently senior vice president and senior credit officer at Byline Bank, will succeed Beacom as chief credit officer. Fucinato has more than 33 years of experience in the banking industry and joined Byline in August 2019. Beacom will remain as an advisor to the company to assist in the transition.
“We are very appreciative of the valuable service that Owen provided during his time at Byline and will continue to benefit from his knowledge and experience through his role as an advisor to the company through this transition,” Alberto Paracchini, president and CEO of Byline Bank, said. “Mark is a highly experienced credit officer with a deep understanding of our markets, customer base and the strong credit culture we have built at Byline. Mark has played a critical role in establishing and implementing the policies and procedures we have utilized to understand the level of impact that the COVID-19 pandemic has had on our borrowers, developing appropriate support programs to help them manage through this crisis and ensuring that we are appropriately reserved. We believe that Mark is an excellent addition to our management team and is well suited to lead our credit administration function during a challenging time.”
Before joining Byline Bank, Fucinato served as senior credit officer at MB Financial Bank, beginning in 2016. From 2010 to 2016, he served as senior credit officer with FirstMerit Bank. From 2007 to 2010, he served as senior credit executive at JP Morgan Chase, after serving as senior vice president of the special credits group from 2004 to 2007. Before that, Fucinato served as senior vice president at the managed assets department of Bank One from 1999 to 2004, after holding several positions at American National Bank from 1987 to 1999.
Headquartered in Chicago, Byline Bancorp is the parent company of Byline Bank, a commercial bank with approximately $6.4 billion in assets that offers a range of commercial and retail banking products and services, including small ticket equipment leasing.
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