Metropolis Nationwide Financial institution has shuffled its high management group, recruiting banking veteran Howard Hammond as CEO whereas Kelly Coffey shifts to a brand new function as CEO of Metropolis Nationwide Leisure.
The transition, efficient Nov. 27, was prompted partly by Metropolis Nationwide’s want to focus extra deeply on its leisure consumer base throughout TV, movie, music, theater, touring and associated sectors. Coffey, who is predicated in Beverly Hills, has served as Metropolis Nationwide CEO since 2019, having joined the corporate from JPMorgan’s non-public wealth administration division.
“For me, banking has all the time been about shoppers — the individuals, companies and nonprofit organizations we assist,” Coffey mentioned. “The leisure trade is extremely dynamic, and Metropolis Nationwide’s function in supporting this group is extra essential than ever as we stay on the forefront of trade developments and hone our providers to satisfy the evolving wants of our shoppers. I’m excited in regards to the alternative to work extra carefully with shoppers and assist Metropolis Nationwide serve them even higher.”
JaHan Wang, Metropolis Nationwide’s government VP of leisure banking, continues to report back to Kelly. Martha Henderson, one other CNB veteran, stays vice chairman of leisure banking.
Hammond joins CNB from Fifth Third Bancorp, the place he was most not too long ago government VP and head of shopper banking. He reviews to Greg Carmichael, Metropolis Nationwide Financial institution government chair.
“Kelly has had an amazing influence on Metropolis Nationwide during the last 5 years. Her consumer focus has ensured that client-centricity has remained an indicator of the financial institution’s tradition and that it stays a differentiator for the financial institution,” Carmichael mentioned. “Her new function will construct on Metropolis Nationwide’s 70-year legacy of supporting the leisure group and permit her to focus her vital skills on serving to our leisure shoppers thrive.”
Hammond may also be a part of CNB’s board of administrators and sit on the manager committee of RBC’s U.S. holding firm.
“Metropolis Nationwide has an unimaginable fame for placing its shoppers, colleagues and communities first,” mentioned Hammond. “I stay up for working carefully with Greg, Kelly and the remainder of the management group to construct on the energy of Metropolis Nationwide and lead the enterprise into the longer term.”
(Pictured: Kelly Coffey on the Tony Awards in 2022)