WATERBURY, Conn., Dec. 4, 2018 /PRNewswire/ -- Webster Bank is pleased to announce that
Jason Soto has been promoted to
senior vice president, Chief Credit Officer. He will report
directly to Daniel Bley, executive
vice president and Chief Risk Officer.
As Chief Credit Officer, Soto will oversee Webster's lending
strategy and lead the credit risk management governance program. He
will be responsible for overseeing the credit approval and credit
portfolio management processes for the organization.
"Jason has made a tremendous positive impact since joining the
Bank," said CRO Daniel Bley. "We look forward to his leadership as
we continue to grow and differentiate ourselves in the
marketplace."
Soto joined Webster in 2015 as Senior Credit Executive Head of
Middle Market and Sponsor & Specialty Credit, following a long
and distinguished career in credit risk management at GE Capital.
Since June, he has held the interim role of Head of Commercial
Credit.
A resident of Wayland,
Massachusetts, Soto received his bachelor's degree from
Wesleyan University and holds the
Chartered Financial Analyst designation. In the local community, he
has been active with Junior Achievement, Habitat for Humanity, and
as a local elementary school mentor.
About Webster
Webster Financial Corporation is the holding company for
Webster Bank, National Association
and its HSA Bank division. With $27.3
billion in assets, Webster provides business and consumer
banking, mortgage, financial planning, trust, and investment
services through 157 banking centers and 319 ATMs. Webster also
provides mobile and online banking. Webster
Bank owns the asset-based lending firm Webster Business
Credit Corporation; the equipment finance firm Webster Capital
Finance Corporation; and HSA Bank, a division of Webster Bank, which provides health savings
account trustee and administrative services. Webster Bank is a member of the FDIC and an
equal housing lender. For more information about Webster, including
past press releases and the latest annual report, visit the Webster
website at www.websterbank.com.
Media
Contact:
|
Investor
Contact:
|
Alice Ferreira,
203-578-2610
|
Terry Mangan,
203-578-2318
|
acferreira@websterbank.com
|
tmangan@websterbank.com
|
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SOURCE Webster Financial Corporation