Tuesday, January 21, 2014

Chase names middle-market banking head for the Carolinas

A senior commercial banking executive from Wells Fargo has left to head middle-market banking for the Carolinas at JPMorgan Chase.

Craig May will continue to be based in Charlotte and will report to Mark Bensabat, JPMorgan Chase's Southeastern head of middle market banking and who lives in Orlando.

May, a 30-year banking veteran, had previously been senior vice president overseeing two of Wells Fargo's regional commercial banking offices.

"Craig’s extensive knowledge of the Carolinas, broad experience in commercial banking, and proven leadership and management capabilities will be instrumental as he focuses on building middle market banking’s presence in the Carolinas," the bank said in an internal announcement.

JPMorgan Chase has steadily built up its corporate and middle-market banking teams in Charlotte over the past six months. Gov. Pat McCrory was a guest of honor at the bank's grand opening of its offices in the Hearst Tower.

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