ARLINGTON, Va., March 9, 2020 /PRNewswire/ -- Promontory
Interfinancial Network, the nation's trusted provider of
all-weather cash and liquidity management solutions, announced
today it is adding Cam Fine, the
former President and CEO of the Independent Community Bankers of
America (ICBA), and Ed Yingling, the
former President and CEO of the American Bankers Association (ABA),
to its board – each of whom have decades of experience in financial
services. The company also announced it has hired Rob Blackwell, the former Editor-in-Chief of
American Banker, as Chief Content Officer and Head of
External Affairs.
"I could not be more excited to add Cam and Ed to our board,"
said Mark Jacobsen, CEO of
Promontory Interfinancial Network. "The company and its network of
financial institutions will benefit tremendously from their
insights and expertise."
Jacobsen continued: "I have known Rob for two decades, and I am
proud he chose Promontory Network as a place to work upon leaving
journalism."
Fine was a career community banker before coming to Washington, having chartered Midwest
Independent Bank of Jefferson City,
Missouri, serving as its President and CEO for almost 20
years. He joined the ICBA as its President and CEO in 2003,
advocating on behalf of community banks nationwide. Fine was
regularly cited as one of the most influential lobbyists on Capitol
Hill. Fine retired from ICBA in 2018 and is now head of Calvert
Advisors.
"I have long admired Mark, his team and the outstanding work
that Promontory Interfinancial Network has done within the
community and regional banking sectors," said Fine. "Promontory
Interfinancial Network's reputation for quality services is
unmatched in the financial services industry. I am honored to have
been asked to join the board of such an outstanding company and
group of professionals."
Yingling has more than 40 years of experience in the financial
industry, including at the ABA for 26 years, where he served in
various roles, including chief lobbyist and later President and
CEO. Yingling has advocated for banks on virtually every regulatory
and legislative issue facing the industry. After retiring from the
ABA in 2010, Yingling was a partner at Covington & Burling
until 2018. He now runs Edward Yingling Government Affairs.
"I've known Promontory Interfinancial Network since the
beginning and watched it grow steadily into the important
organization it is today," said Yingling. "The firm's innovative
products have greatly enhanced the ability of banks to obtain
funding to lend in their communities and to better serve their
customers."
Blackwell will lead government and media affairs for Promontory
Interfinancial Network. As part of this new role, he will also
produce content and analysis that spotlights complex developments
in financial services policy and how they might impact banks.
Blackwell was a journalist for more than 20 years, rising
through the ranks at American Banker, first as a reporter
covering the FDIC, Fannie Mae, and Freddie Mac and later serving as
Washington Bureau Chief during the financial crisis. He was named
Editor-in-Chief in 2017.
During his tenure, American Banker won more than a dozen
major journalism awards, including its first Grand Neal Award for a
podcast tackling the policy implications of vacant housing. In
2017, Blackwell was awarded the prestigious Timothy White Award, which recognizes
journalists who display "extraordinary courage, integrity, and
passion."
"As a reporter, I covered the launch of Promontory
Interfinancial Network in 2003 and have watched it expand since
then," Blackwell said. "It's known in the industry for having a
great culture, and I'm excited to join it."
About Promontory Interfinancial Network, LLC
Promontory Interfinancial Network — the inventor of
reciprocal deposits and the nation's trusted provider of
all-weather cash and liquidity management solutions — provides
dynamic, all-weather balance sheet and liquidity
management solutions to help financial institutions grow
franchise value. The company, chosen by thousands of banks since
its founding nearly two decades ago, has assembled the largest
bank network of its kind. Its solutions help institutions
to acquire high-value, local relationships; purchase or
sell funding; and reduce collateralization costs.
View original
content:http://www.prnewswire.com/news-releases/promontory-interfinancial-network-adds-former-heads-of-icba-aba-to-board-hires-chief-content-officer-301019908.html
SOURCE Promontory Interfinancial Network, LLC