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SMBC MANUBANK Announces Multiple Key Hires Across Credit, Accounting, and Technology Functions to Support Growth

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SMBC MANUBANK has announced three key executive appointments to support its business transformation. Michael Trivich joined as Chief Credit Officer in June, Monica Sparks as Chief Accounting Officer in September, and Jeff Jones as Chief Information Officer in October. These appointments are part of the bank's transformation initiative, which began in 2023 with its rebranding from Manufacturers Bank. The new executives will focus on credit risk administration, accounting process automation, and technology infrastructure development for both commercial and digital divisions.

SMBC MANUBANK ha annunciato tre importanti nomine dirigenziali per sostenere la sua trasformazione aziendale. Michael Trivich si è unito come Chief Credit Officer a giugno, Monica Sparks come Chief Accounting Officer a settembre e Jeff Jones come Chief Information Officer a ottobre. Queste nomine fanno parte dell'iniziativa di trasformazione della banca, iniziata nel 2023 con il suo rebranding da Manufacturers Bank. I nuovi dirigenti si concentreranno sulla gestione del rischio di credito, sull'automazione dei processi contabili e sullo sviluppo dell'infrastruttura tecnologica per le divisioni commerciali e digitali.

SMBC MANUBANK ha anunciado tres nombramientos ejecutivos clave para apoyar su transformación empresarial. Michael Trivich se unió como Chief Credit Officer en junio, Monica Sparks como Chief Accounting Officer en septiembre, y Jeff Jones como Chief Information Officer en octubre. Estos nombramientos son parte de la iniciativa de transformación del banco, que comenzó en 2023 con su rebranding de Manufacturers Bank. Los nuevos ejecutivos se centrarán en la administración del riesgo crediticio, la automatización de procesos contables y el desarrollo de la infraestructura tecnológica para las divisiones comerciales y digitales.

SMBC MANUBANK는 비즈니스 변혁을 지원하기 위해 세 가지 핵심 경영진 임명을 발표했습니다. Michael Trivich는 6월에 최고 신용 책임자로, Monica Sparks는 9월에 최고 회계 책임자로, Jeff Jones는 10월에 최고 정보 책임자로 합류했습니다. 이 임명은 2023년 Manufacturers Bank에서 재브랜딩을 시작으로 한 은행의 변혁 이니셔티브의 일환입니다. 새로운 경영진들은 신용 위험 관리, 회계 프로세스 자동화 및 상업 및 디지털 부문을 위한 기술 인프라 개발에 집중할 것입니다.

SMBC MANUBANK a annoncé trois nominations exécutives clés pour soutenir sa transformation commerciale. Michael Trivich a rejoint en tant que Chief Credit Officer en juin, Monica Sparks en tant que Chief Accounting Officer en septembre, et Jeff Jones en tant que Chief Information Officer en octobre. Ces nominations s'inscrivent dans l'initiative de transformation de la banque, lancée en 2023 avec son rebranding de Manufacturers Bank. Les nouveaux dirigeants se concentreront sur la gestion des risques de crédit, l'automatisation des processus comptables et le développement de l'infrastructure technologique pour les divisions commerciales et numériques.

SMBC MANUBANK hat drei wichtige exekutive Ernennungen bekannt gegeben, um die Geschäftstransformation zu unterstützen. Michael Trivich trat im Juni als Chief Credit Officer ein, Monica Sparks als Chief Accounting Officer im September und Jeff Jones als Chief Information Officer im Oktober. Diese Ernennungen sind Teil der Transformationsinitiative der Bank, die 2023 mit ihrem Rebranding von Manufacturers Bank begann. Die neuen Führungskräfte werden sich auf das Management des Kreditrisikos, die Automatisierung von Buchhaltungsprozessen und die Entwicklung der technologischen Infrastruktur für die Handels- und Digitalabteilungen konzentrieren.

Positive
  • Strategic strengthening of executive leadership with three key appointments
  • Investment in technological infrastructure and process automation
  • Business transformation initiative showing concrete progress with key hires
Negative
  • None.

The bank welcomes Michael Trivich, MD, Chief Credit Officer; Monica Sparks, ED, Chief Accounting Officer; and Jeff Jones, MD, Chief Information Officer

LOS ANGELES--(BUSINESS WIRE)-- SMBC MANUBANK, a wholly owned subsidiary of SMBC Americas Holdings, Inc., and a member of SMBC Group, announced it has appointed three new executives to lead the Credit, Accounting, and Information Technology functions as part of the bank’s ongoing business transformation.

Michael Trivich joined the bank in June as Managing Director, Chief Credit Officer. Leading the bank’s 2nd line of defense Credit Risk Administration, Mr. Trivich balances loan portfolio growth with prudent credit risk controls, as well as designing the client experience from start to finish.

In September, the bank welcomed Monica Sparks as Executive Director, Chief Accounting Officer to oversee all corporate accounting, financial reporting, tax, and internal control functions for the commercial and digital divisions. Ms. Sparks is responsible for spearheading initiatives to streamline accounting processes by implementing automation and other technology solutions.

In October, Jeff Jones became Managing Director, Chief Information Officer, overseeing the combined technology strategy for SMBC MANUBANK’s commercial and digital divisions. Mr. Jones is responsible for establishing a technology infrastructure and partnering with leaders across the organization to strengthen the Jenius Bank technology product development.

“We’re excited to welcome Mr. Trivich, Ms. Sparks, and Mr. Jones to SMBC MANUBANK’s leadership team,” said Kazuhisa Miyagawa, Chairman, Chief Executive Officer, and President. “With their diverse experiences in driving change, these accomplished executives are pivotal to the ongoing enhancements of SMBC MANUBANK’s organizational framework.”

The bank officially kicked off its transformation in 2023 by rebranding from Manufacturers Bank to SMBC MANUBANK. Key aspects of the ongoing initiative include continuous investments in people, technology, and processes to elevate the bank’s high-touch, high-engagement business model.

ABOUT SMBC MANUBANK

SMBC MANUBANK is a wholly owned subsidiary of SMBC Americas Holdings, Inc., a member of SMBC Group—a global leader in finance and innovation. SMBC MANUBANK delivers tailored financial solutions, combined with first-class technology and a client-first service model. Our trusted advisors bring decades of commercial banking experience in diversified industries and specialty banking. SMBC MANUBANK’s digital division, Jenius Bank™, offers consumers tools and insights to better manage their personal finances and grow wealth. Headquartered in Los Angeles, California, SMBC MANUBANK also has offices in Beverly Hills, Brea, Encino, Glendale, Newport Beach, San Jose, and Torrance. For more information, visit www.smbcmanubank.com. Member FDIC.

Margaret Tillman

Executive Director

Head of Commercial Marketing

213.532.4445

Source: SMBC MANUBANK

FAQ

Who are the new executives appointed at SMBC MANUBANK in 2023?

SMBC MANUBANK appointed Michael Trivich as Chief Credit Officer in June, Monica Sparks as Chief Accounting Officer in September, and Jeff Jones as Chief Information Officer in October 2023.

When did SMBC MANUBANK rebrand from Manufacturers Bank?

SMBC MANUBANK rebranded from Manufacturers Bank in 2023 as part of its business transformation initiative.

What are the roles of the new executives at SMBC MANUBANK?

Michael Trivich oversees credit risk administration, Monica Sparks leads accounting and financial reporting functions, and Jeff Jones manages technology strategy for both commercial and digital divisions.

What is the focus of SMBC MANUBANK's transformation initiative?

The transformation initiative focuses on investments in people, technology, and processes to enhance the bank's high-touch, high-engagement business model.

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