Amanda Mahaney Named Comerica Bank Dallas Market President

Rhea-AI Summary

Comerica Incorporated announced the appointment of Amanda G. Mahaney as the Dallas Market President. Mahaney, who joined Comerica in July 2000, will manage the Dallas Middle Market and Business Banking loan groups. She will report to Texas Market President Brian Foley and oversee business development across multiple banking segments. With a strong track record, Mahaney aims to enhance operations in Dallas and further women's development in the workforce. Comerica reported total assets of $84 billion as of June 30, 2020.

Positive

• Amanda Mahaney has a proven track record in business banking, enhancing revenue growth.
• Mahaney's leadership is expected to strengthen the Dallas Market's operations.
• Comerica reported total assets of $84 billion, indicating strong financial stability.

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• None.

DALLAS, Aug. 18, 2020 /PRNewswire/ -- Comerica Incorporated announced today that Amanda G. Mahaney has been selected to lead its Dallas Market. Mahaney will continue managing the Dallas Middle Market loan groups as well as the Business Banking loan teams in Dallas and Florida.

As Market President, Mahaney also will oversee business and community development efforts across the Retail, Commercial Banking, Middle Market and Wealth Management lines of business in Dallas, reporting to Texas Market President Brian Foley.

"Amanda has been a top performer throughout her career at Comerica," said Texas Market President Brian Foley. "The positive impact she has made on our business banking and middle market departments in North Texas, Arizona and Florida makes her well-positioned to successfully direct our Dallas Market operations."

Mahaney joined Comerica in July 2000 as a Credit Analyst in Dallas. Since then, she has held a variety of roles with increasing responsibility, scope and focus on revenue growth within Business Banking. In February 2020, she was promoted to Senior Vice President, Department Manager Middle Market and Business Banking. Mahaney managed seven loan groups in North Texas, Arizona and Florida in this role.

In addition to leading and developing her Business Banking and Middle Market teams, Mahaney has directed the recruitment, development and retention of women in Comerica's Dallas Market as the chair of the North Texas Women's Forum for the past two years.

Mahaney is actively involved in the community professionally and personally. On behalf of the bank, she manages the Women's Forum's volunteer partnership with Genesis Women's Shelter & Support and The Family Place. Mahaney also volunteers at the North Texas Food Bank and Austin Street Shelter as well as at her church, the First United Methodist Church Richardson, with her family.

Last August, the Dallas Regional Chamber selected Mahaney to participate in its Leadership Dallas Class of 2020, the region's premier leadership development program. Mahaney completed the program this summer, joining an esteemed group of alumni who continue to impact the region through their demonstrated commitment to the community.

Mahaney graduated cum laude with a bachelor's degree in Finance from Oklahoma State University. 

About Comerica Bank

Comerica Incorporated (NYSE: CMA) is a financial services company headquartered in Dallas, Texas, and strategically aligned by three business segments: The Commercial Bank, The Retail Bank, and Wealth Management. Comerica focuses on relationships, and helping people and businesses be successful. In addition to Texas, Comerica Bank locations can be found in Arizona, California, Florida and Michigan, with select businesses operating in several other states, as well as in Canada and Mexico. Comerica reported total assets of $84 billion at June 30, 2020.

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SOURCE Comerica Incorporated

FAQ

Who is the new Dallas Market President at Comerica?

Amanda G. Mahaney has been appointed as the Dallas Market President.

When was Amanda Mahaney appointed as Dallas Market President?

Amanda Mahaney was appointed on August 18, 2020.

What are some of Amanda Mahaney's responsibilities at Comerica?

She will manage the Dallas Middle Market and Business Banking loan groups, and oversee business development across multiple banking lines.

What is Comerica's total asset value as of June 30, 2020?

Comerica reported total assets of $84 billion as of June 30, 2020.

What locations does Comerica Bank operate in?

Comerica Bank operates in Texas, Arizona, California, Florida, Michigan, Canada, and Mexico.