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Customers Bank bolsters executive team with new C-suite appointments, sets stage for continued deposit growth, momentum

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Customers Bank, a $21 billion asset subsidiary of Customers Bancorp (NYSE:CUBI), is strengthening its executive team to drive continued deposit growth. Lyle Cunningham has been promoted to the new role of Chief Banking Officer, expanding his responsibilities to oversee both lending and deposits functions. Nick Robinson, formerly of Capital One, joins as Chief Risk Officer, partnering with Joan Cheney, who transitions to Deputy Chief Risk Officer.

These appointments aim to enhance the bank's risk management capabilities and drive strategic growth. Customers Bank, ranked No. 1 on American Banker's 2024 list of top-performing banks with $10B to $50B in assets, continues to focus on delivering exceptional customer service and innovative technological solutions while maintaining prudent risk management practices.

Customers Bank, una sussidiaria con asset di 21 miliardi di dollari di Customers Bancorp (NYSE:CUBI), sta rafforzando il suo team esecutivo per sostenere la continua crescita dei depositi. Lyle Cunningham è stato promosso al nuovo ruolo di Chief Banking Officer, espandendo le sue responsabilità per sovrintendere sia le funzioni di prestito che di deposito. Nick Robinson, ex di Capital One, si unisce come Chief Risk Officer, in collaborazione con Joan Cheney, che passa al ruolo di Deputy Chief Risk Officer.

Queste nuove nomine mirano a migliorare le capacità di gestione del rischio della banca e a guidare la crescita strategica. Customers Bank, classificata al primo posto nella lista 2024 di American Banker delle banche più performanti con asset tra 10 miliardi e 50 miliardi di dollari, continua a concentrarsi sulla fornitura di un servizio clienti eccezionale e soluzioni tecnologiche innovative, mantenendo pratiche di gestione del rischio prudenti.

Customers Bank, una subsidiaria con activos de 21 mil millones de dólares de Customers Bancorp (NYSE:CUBI), está fortaleciendo su equipo ejecutivo para impulsar el crecimiento continuo de los depósitos. Lyle Cunningham ha sido promovido al nuevo cargo de Chief Banking Officer, ampliando sus responsabilidades para supervisar tanto las funciones de préstamo como de depósitos. Nick Robinson, anteriormente de Capital One, se une como Chief Risk Officer, colaborando con Joan Cheney, quien pasa a ser Deputy Chief Risk Officer.

Estos nombramientos tienen como objetivo mejorar las capacidades de gestión de riesgos del banco y fomentar el crecimiento estratégico. Customers Bank, clasificada como la número 1 en la lista 2024 de American Banker de los bancos con mejor rendimiento con activos de entre 10 y 50 mil millones de dólares, continúa enfocado en brindar un servicio al cliente excepcional y soluciones tecnológicas innovadoras, manteniendo prácticas de gestión de riesgos prudentes.

Customers Bank는 Customers Bancorp (NYSE:CUBI)의 자산 210억 달러 규모의 자회사로 지속적인 예금 성장을 이끌기 위해 경영진을 강화하고 있습니다. Lyle Cunningham은 새로 Chief Banking Officer로 승진하여 대출과 예금 업무를 모두 관리하는 책임을 확대했습니다. Nick Robinson, 이전에 Capital One에서 근무했으며, Chief Risk Officer로 합류하여 Joan Cheney와 협력합니다. Joan Cheney는 Deputy Chief Risk Officer로 전환합니다.

이러한 임명은 은행의 위험 관리 능력을 강화하고 전략적 성장을 주도하기 위한 것입니다. Customers Bank는 자산이 100억 달러에서 500억 달러 사이의 최고 실적 은행으로 2024년 American Banker 목록에서 1위를 차지했으며, 뛰어난 고객 서비스와 혁신적인 기술 솔루션을 제공하는 데 집중하면서도 신중한 위험 관리 관행을 유지하고 있습니다.

Customers Bank, une filiale de Customers Bancorp (NYSE:CUBI) avec des actifs de 21 milliards de dollars, renforce son équipe de direction pour soutenir la croissance continue des dépôts. Lyle Cunningham a été promu au nouveau poste de Chief Banking Officer, élargissant ses responsabilités pour superviser à la fois les crédits et les dépôts. Nick Robinson, anciennement de Capital One, rejoint en tant que Chief Risk Officer, en partenariat avec Joan Cheney, qui passe au poste de Deputy Chief Risk Officer.

Ces nominations visent à améliorer les capacités de gestion des risques de la banque et à stimuler la croissance stratégique. Customers Bank, classée numéro 1 dans la liste 2024 d'American Banker des banques les plus performantes avec des actifs compris entre 10 et 50 milliards de dollars, continue de se concentrer sur la fourniture d'un service client exceptionnel et de solutions technologiques innovantes tout en maintenant des pratiques de gestion des risques prudentes.

Customers Bank, eine 21 Milliarden Dollar schwere Tochtergesellschaft von Customers Bancorp (NYSE:CUBI), stärkt sein Führungsteam, um das kontinuierliche Einlagenwachstum voranzutreiben. Lyle Cunningham wurde in die neue Rolle des Chief Banking Officer befördert, wobei er zusätzliche Verantwortlichkeiten für die Überwachung von Kredit- und Einzahlungsfunktionen übernimmt. Nick Robinson, zuvor bei Capital One, kommt als Chief Risk Officer dazu und arbeitet mit Joan Cheney zusammen, die zur Deputy Chief Risk Officer wechselt.

Diese Ernennungen zielen darauf ab, die Risikomanagementfähigkeiten der Bank zu verbessern und das strategische Wachstum voranzutreiben. Customers Bank, die als Nummer 1 auf der Liste der besten Banken mit einem Vermögen zwischen 10 Milliarden und 50 Milliarden Dollar in der American Banker-Liste 2024 rangiert, konzentriert sich weiterhin auf exzellenten Kundenservice und innovative technologische Lösungen und hält dabei eine vorsichtige Risikomanagementpraxis aufrecht.

Positive
  • Promotion of Lyle Cunningham to new Chief Banking Officer role, overseeing both lending and deposits
  • Appointment of Nick Robinson as Chief Risk Officer, bringing 25 years of experience from top financial institutions
  • Ranked No. 1 on American Banker's 2024 list of top-performing banks with $10B to $50B in assets
  • Listed No. 29 out of the 100 largest publicly traded banks in 2024 Forbes Best Banks list
  • Ranked No. 52 on Investor's Business Daily 100 Best Stocks for 2023
Negative
  • None.

WEST READING, Pa.--(BUSINESS WIRE)--

Customers Bank, the $21 billion asset subsidiary of Customers Bancorp (NYSE:CUBI), is laying the groundwork for continued deposit growth in commercial and specialty banking divisions, enhancing its C-suite to incorporate significant, top-level expertise and capabilities. A new role of Chief Banking Officer will be filled by Lyle Cunningham, a long-standing member of the company who most recently served as Executive Vice President, Chief Lending Officer & Head of Corporate and Specialized Banking. Additionally, the Bank has named Nick Robinson as Chief Risk Officer, who hails from a top 10 bank in the U.S. Robinson will collaborate closely with Joan Cheney, who is transitioning to the Deputy Chief Risk Officer role.

“Customers Bank has grown into one of the nation’s top-performing banks, and as we position ourselves for the next stage of our journey, we must remain cognizant of the rapidly evolving environment around us and all its associated risks and opportunities,” said Sam Sidhu, President and CEO. “We are fortunate to count some of the most talented professionals in the financial services industry among our ranks, and their dedication to delivering exceptional customer service and forward-thinking technological solutions, all with an eye toward prudent risk management, will be key to our continued success.”

Customers Bank has instituted a new role of Chief Banking Officer, promoting Lyle Cunningham to fill it. With the company for more than 10 years, Cunningham most recently served as Chief Lending Officer and Head of Corporate and Specialized Banking, overseeing corporate lending and deposits including in Lender Finance, Fund Finance, Financial Institutions, Technology and Venture, and Healthcare groups. As Chief Banking Officer, he will gain comprehensive responsibility for the Bank’s lending and deposits functions. A member of the Executive Committee, Cunningham works with Bank leaders to drive long- and short-term strategies that promote market and deposit growth. With nearly 40 years of experience in banking and finance, he is well-equipped to provide strategic consultation on the Bank’s next stage of growth.

The company is also growing its risk management team, reinforcing its risk management efforts through a collaborative Chief Risk Officer and Deputy Chief Risk Officer partnership. Robinson brings a wealth of experience to the position of Chief Risk Officer, having led risk management, compliance and operations initiatives for some of the world’s most admired companies in a career spanning over 25 years. Most recently, he served as Chief Risk Officer for Capital One’s commercial division and spearheaded the design and execution of its compliance risk policies and procedures. At Customers Bank, he will be responsible for identifying and mitigating current and future risks, monitoring and testing risk controls, and continuing to promote risk management as a key pillar of the Bank’s workplace culture. Robinson assumed his role with Customers Bank on September 3.

Robinson’s addition was a joint effort between the Executive Committee and Joan Cheney, who will continue with Customers Bank as Deputy Chief Risk Officer. His inclusion augments the Bank’s strong bench of risk management experts. Robinson and Cheney will partner to position Customers Bank to meet the future with confidence no matter the regulatory or risk environment.

Institutional Background
Customers Bancorp, Inc. (NYSE:CUBI) is one of the nation’s top-performing banking companies with nearly $21 billion in assets, making it one of the 80 largest bank holding companies in the U.S. Customers Bank’s commercial and consumer clients benefit from a full suite of technology-enabled tailored product experiences delivered by best-in-class customer service distinguished by a Single Point of Contact approach. In addition to traditional lines such as C&I lending, commercial real estate lending and multifamily lending, Customers Bank also provides a number of national corporate banking services to specialized lending clients. Major accolades include:

  • No. 1 on American Banker 2024 list of top-performing banks with $10B to $50B in assets
  • No. 29 out of the 100 largest publicly traded banks in 2024 Forbes Best Banks list
  • No. 52 on Investor’s Business Daily 100 Best Stocks for 2023

A member of the Federal Reserve System with deposits insured by the Federal Deposit Insurance Corporation, Customers Bank is an equal opportunity lender. Learn more: www.customersbank.com .

Media

Jordan Baucum

Media Relations

jbaucum@customersbank.com

(951) 608-8314

Source: Customers Bank

FAQ

Who are the new executives appointed at Customers Bank (CUBI)?

Customers Bank has appointed Lyle Cunningham as Chief Banking Officer and Nick Robinson as Chief Risk Officer. Joan Cheney has transitioned to the role of Deputy Chief Risk Officer.

What is Customers Bank's (CUBI) ranking on American Banker's 2024 list?

Customers Bank is ranked No. 1 on American Banker's 2024 list of top-performing banks with $10B to $50B in assets.

What is Customers Bank's (CUBI) asset size as of September 2023?

Customers Bank is reported to have nearly $21 billion in assets, making it one of the 80 largest bank holding companies in the U.S.

What are Lyle Cunningham's new responsibilities at Customers Bank (CUBI)?

As the new Chief Banking Officer, Lyle Cunningham will have comprehensive responsibility for both the Bank's lending and deposits functions.

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