Monday, December 5, 2011

NewDominion hires two senior vice presidents

Charlotte-based NewDominion Bank announced Monday the hiring of two senior vice presidents to oversee the bank's commercial business.

Saeed Moghadam and Steve Kinzler both hold the title of senior vice president and commercial relationship manager. Moghadam will build business in Charlotte, while Kinzler will be responsible for developing business in the Lake Norman Area.

The new hires are the latest in a series of announcements as the bank rebuilds its management team. CEO John Hipp took over in November 2010 in the wake of a FDIC consent order, and in the next 12 months hired a new chief operating officer, chief credit officer and chief financial officer.

Moghadam was hired in November, and has previously wored at JP Morgan Chase, Fifth Third Bank and Bank of America in a 13-year career. He serves on a number of nonprofit boards in the Charlotte area.

Kinzler came to NewDominion the month before, after a 25-year career that has included positions at First Citizens Bank and Piedmont Bank. The N.C. State graduate is active in Lake Norman-area community organizations.