Metropolitan Commercial Bank Elevates Two Seasoned EB-5 Specialists to Co-Head the EB-5 Private Client Group
- April Feely and James M. Sozomenou promoted to Co-Heads of Metropolitan Commercial Bank's EB-5 Private Client Group
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April Feely promoted to Senior Vice President and Group Director EB-5 Operations, and James M. Sozomenou promoted to Senior Vice President and Group Director EB-5 New Business Development
“April has demonstrated masterful expertise in EB-5 operations, while James has consistently delivered exceptional results across the entire spectrum of EB-5 stakeholders,” stated Mark R. DeFazio, President and CEO of Metropolitan Commercial Bank. “Both of these individuals have unquestionably earned their promotions.”
In April 2023, April Feely embarked on a new chapter in her career by joining Metropolitan Commercial Bank. Prior to this, she dedicated 14 years of her professional journey to Signature Bank, where she managed client services and operations for EB-5 and E-2 clients. Before her tenure at Signature Bank, Ms. Feely contributed her experience to HSBC for over six years. Her academic background includes a Bachelor of Arts degree from the State University of
“I am extremely pleased to continue serving the EB-5 community with our team and the expertise that we have brought to the table for many years. James and I look forward to continuing what we’ve built and expanding our relationships,” said April Feely, Senior Vice President and Group Director of EB-5 Private Client Group Operations at Metropolitan Commercial Bank. “The Bank has been more than supportive in ensuring that our team’s reputation remains stellar. We are excited for the future here at MCB.”
In April 2023, James M. Sozomenou also became a part of the Metropolitan Commercial Bank EB-5 team. Prior to this, he dedicated six years of his career to Signature Bank, where his responsibilities encompassed client development and operations for EB-5 and E-2 clients. Before his tenure at Signature Bank, Mr. Sozomenou held senior sales positions in financial services and technology firms. He pursued his educational path by studying communications at
“I am truly grateful for the opportunity to lead this incredible EB-5 team alongside April. We have been active in the EB-5 market for some time now and I am excited to see what is yet to come,” said James M. Sozomenou, Senior Vice President and Group Director of EB-5 Private Client Group New Business Development at Metropolitan Commercial Bank. “The Bank has been extremely welcoming of our team and this unique business vertical. They are as excited about the future of EB-5 as we are!”
About Metropolitan Commercial Bank
Metropolitan Commercial Bank (the “Bank”) is a
Metropolitan Commercial Bank’s Global Payments group is an established leader in domestic and international fintech services, including: providing digital payments settlements; providing a gateway to payment networks; acting as a custodian of deposits; providing merchant acquiring services; acting as a global settlement agent, and as a leading national issuer of third-party debit cards. The Bank continues to grow its presence as a valued, trusted and innovative strategic partner across fintech, payments and money services businesses worldwide.
Metropolitan Commercial Bank was ranked by Independent Community Bankers of America among the top ten successful loan producers for 2023 by loan category and asset size for commercial banks with more than
Metropolitan Commercial Bank operates banking centers and private client offices in
The Bank is a
For more information, please visit the Bank’s website at MCBankNY.com.
Forward Looking Statement Disclaimer
This release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Examples of forward-looking statements include but are not limited to the Company’s future financial condition and capital ratios, results of operations and the Company’s outlook and business. Forward-looking statements are not historical facts. Such statements may be identified by the use of such words as “may,” “believe,” “expect,” “anticipate,” “plan,” “continue” or similar terminology. These statements relate to future events or our future financial performance and involve risks and uncertainties that may cause our actual results, levels of activity, performance or achievements to differ materially from those expressed or implied by these forward-looking statements. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we caution you not to place undue reliance on these forward-looking statements. Factors which may cause our forward-looking statements to be materially inaccurate include, but are not limited to the continuing impact of the COVID-19 pandemic on our business and results of operation, an unexpected deterioration in our loan or securities portfolios, unexpected increases in our expenses, different than anticipated growth and our ability to manage our growth, unanticipated regulatory action or changes in regulations, unexpected changes in interest rates, inflation, an unanticipated decrease in deposits, an unanticipated loss of key personnel or existing customers, competition from other institutions resulting in unanticipated changes in our loan or deposit rates, an unexpected adverse financial, regulatory or bankruptcy event experienced by our fintech partners, unanticipated increases in FDIC costs, changes in regulations, legislation or tax or accounting rules, the current or anticipated impact of military conflict, terrorism or other geopolitical events and unanticipated adverse changes in our customers’ economic conditions or general economic conditions, as well as those discussed under the heading “Risk Factors” in our Annual Report on Form 10-K and Quarterly Reports on Form 10-Q.
Forward-looking statements speak only as of the date of this release. We do not undertake any obligation to update or revise any forward-looking statement.
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Source: Metropolitan Bank Holding Corp.
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