To meet growing demand from companies in the Southern Region, Wells
Fargo (NYSE:WFC) said today that Monica Cole will head Wells
Fargo Commercial Banking Southern Division team as executive vice
president and division manager. Based in St. Louis, Cole will manage
five Regional Commercial Banking offices serving middle market companies
with annual revenues of $20 million or greater in Missouri, Kentucky and
Kansas.
Monica Cole, Wells Fargo Commercial Banking division manager, Southern Region.(Photo: Business Wire)
“My first and on-going priority is continuing to get to know my new team
of bankers, whose commitment to delivering a quality customer experience
to our client base is energizing,” Cole said. “The market is as
competitive as it has ever been and Wells Fargo is well positioned to
provide our clients and prospects in the Southern Region with a breadth
of innovative financial solutions.”
Cole started her career in a Commercial Banking training program more
than 20 years ago. She has steadily risen through the ranks, building
broad-based experience in prior roles as a senior portfolio and
relationship manager, as well as a loan administration officer. Cole
joins Commercial Banking from Wells Fargo Capital Finance, where she
served as East Region Manager of Business Credit for the past four
years. In that role, she was responsible for the leadership, growth and
risk management of lower middle-market accounts in the eastern half of
the U.S. and Canada.
“With her extensive and diverse leadership experience, Monica will make
an immediate impact in her new role,” said Paul Kalsbeek, regional head
of Commercial Banking in the Southern Region. “Strong leaders, like
Monica, are the key to our success when it comes to helping our middle
market customers reach their financial goals.”
Cole earned her bachelor’s degree in Mechanical Engineering from
Christian Brothers University and her M.B.A. in Finance from Clark
Atlanta University.
About Wells Fargo Commercial Banking
With more than 140 offices in 38 states and three Canadian provinces,
Wells Fargo Commercial Banking provides local service and
decision-making for businesses with annual revenues of greater than $20
million. Asset-based lending, traditional secured loans, and capital
markets provide access to working capital for day-to-day operations and
growth. Expertise and services are available to specialty industries,
including technology, food and agribusiness, healthcare, government,
higher education, clean technology, and environmental services. Wells
Fargo has the highest market share of middle-market company
relationships in the U.S., according to the 2013 TNS Commercial Banking
Momentum Monitor.
About Wells Fargo
Wells Fargo & Company (NYSE:WFC) is a nationwide, diversified,
community-based financial services company with $1.6 trillion in assets.
Founded in 1852 and headquartered in San Francisco, Wells Fargo provides
banking, insurance, investments, mortgage, and consumer and commercial
finance through more than 9,000 locations, 12,500 ATMs, and the internet
(wellsfargo.com), and has offices in 36 countries to support customers
who conduct business in the global economy. With approximately 265,000
team members, Wells Fargo serves one in three households in the United
States. Wells Fargo & Company was ranked No. 29 on Fortune’s 2014
rankings of America’s largest corporations. Wells Fargo’s vision is to
satisfy all our customers’ financial needs and help them succeed
financially. Wells Fargo perspectives are also available at Wells
Fargo Blogs and Wells
Fargo Stories.
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