April 13 (Reuters) – Wells Fargo (WFC.N) has named Saul Van Beurden because the chief government officer of its client and small enterprise banking (CSBB) unit, efficient Might 15, it mentioned on Thursday.
Van Beurden will proceed to report back to the financial institution’s CEO Charlie Scharf. A former JPMorgan Chase (JPM.N) government, Van Beurden joined Wells Fargo in 2019 and has an unlimited expertise in retail banking.
He takes over the position from Wells Fargo veteran Mary Mack after she retires this summer season.
Mack took over the helm on the CSBB unit in 2017 and has led the corporate’s retail department community. She has additionally held management positions in brokerage, retail banking, company and business banking and funding banking in her profession spanning almost 4 many years.
CSBB helps present monetary providers to about 64 million client banking and lending prospects and over three million small enterprise prospects.
(This story has been corrected to alter the identify to “Van Beurden”, not “Beurden”, in paragraph 2)
Reporting by Siddarth S in Bengaluru; Enhancing by Shailesh Kuber
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