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Dallas, August 15, 2022 /PRNewswire/ — Comerica Incorporated (NYSE: CMA) announced Corey Bailey, Executive Vice President, Credit Risk Management and Decisions, has been named the new Executive Vice President, Head of Middle Market and Business Banking. Bailey reports Peter SefczykExecutive Vice President of Commercial Banking.
Corey Bailey, Executive Vice President, Head of Middle Market and Business Banking
Bailey’s new role is part of Comerica’s restructuring of commercial banking, which will feature two divisions focused on 1) middle market and business banking and 2) national and specialty businesses. Comerica recently announced Mike Ritchie He serves as Executive Vice President of National and Specialty Business Operations. These additional leadership roles will serve to enhance go-to-market strategies as Comerica focuses on investments and recent expansions in the commercial lending business. North Carolina And Colorado.
“The additional roles and restructuring within Commercial Bank will allow us to enhance our approach to relationship banking and accelerate new opportunities to strengthen the future of our organization,” said Sefczyk. “The addition of Corey’s extensive knowledge of Comerica and its businesses to the Commercial Banking division, combined with his client-focused expertise and leadership skills, will provide a strong foundation for this position and ensure we deliver business solutions to our clients.”
In his role, Bailey leads the Middle Market and Business Banking divisions, which provide credit and non-credit financial products and services to companies nationwide.
Bailey is a 25-year veteran of Comerica Bank. In his previous career, he supported Business Banking, Captive Insurance, Energy, Environmental Services, Financial Institutions, Health & Education, International, Leasing, Middle Market-Michigan, Middle Market-Texas, Private and US Bank. Over the years, Bailey’s scope of responsibilities has increased.
He joined Comerica as a credit analyst for the bank’s commercial lending training program. He rose through the training program, working in energy and middle market lending before landing his role as a senior relationship manager. Dallas Middle market. During his tenure, Bailey served in various leadership positions, including Senior Vice President, Alternate Chief Credit Officer. Senior Vice President, Group Manager Dallas; and senior vice president, chief credit officer for the Texas market.
Bailey continues to demonstrate leadership in the US and abroad, serving on the board of the Risk Management Association of Texas and currently holds the role of Chairman of United Way Banking.
Bailey earned his bachelor’s degree in finance Baylor University and is currently completing postgraduate degrees at Queen’s University. Canada and SC Johnson College Trade in Cornell University.
Comerica Incorporated (NYSE: CMA ) is a financial services company headquartered in Dallas, Texas, and is strategically aligned across three business units: Commercial Banking, Retail Banking and Wealth Management. Comerica focuses on relationships, and helping people and businesses succeed. in addition TexasThey can be found at Comerica Bank locations Arizona, California, Florida And MichiganWith select businesses operating in many other states, as well as in Canada And Mexico. Comerica reported total assets 86.9 billion dollars such as June 30, 2022.
SOURCE Comerica Incorporated
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