Wells Fargo (NYSE: WFC), No. 1 in lead banking relationships with middle-market companies, announced today that it has tapped Howard Cohen as an executive advisor for its Commercial Banking operations in New Jersey.

Wells Fargo has tapped Howard Cohen as an executive advisor for its Commercial Banking operations in New Jersey. (Photo: Business Wire)

Cohen, the recently retired chairman of EisnerAmper LLP, one of the nation’s largest accounting firms, has more than 40 years of experience in public accounting and consulting. In his new Wells Fargo advisory role, he will support Wells Fargo Commercial Banking’s growth strategy in the New Jersey region, with offices located in Summit, Basking Ridge, and Haddon.

“These New Jersey markets are large and growing areas for Commercial Banking at Wells Fargo,” said Toby Babeuf, regional vice president of Wells Fargo Commercial Banking in Northern and Central New Jersey. “Our middle-market customers will benefit from Howard’s expertise and experience in the region.”

Wells Fargo Commercial Banking’s growth strategy of hiring executive advisors to establish relationships and increase business began in Boston in 2013 and last year was expanded to Pittsburgh and Philadelphia.

The establishment of an executive advisory role for New Jersey followed the success of the model in other East Coast growth markets, according to John Manning, head of Wells Fargo Commercial Banking’s East Region. Since inception, both the New England region and Pennsylvania offices have seen a number of new opportunities for business development and growth as a result of the executive advisors. The Commercial Banking group is eyeing additional markets for expansion of this role, Manning said.

“We’ve studied the business climate throughout the region, and believe by bringing strong, strategic advisors into these key growth markets, we gain additional insight through the lens of industry veterans,” said Manning. “Our customers benefit from the seasoned business acumen of these incredibly talented local business leaders.”

Cohen is a former managing partner and CEO of Amper, Poliziner & Mattia LLP, the 14th-largest U.S. accounting firm and the leading Northeast firm. His experience includes servicing companies and organizations, both domestic and international, in professional services, retail, manufacturing, wholesale distribution, and tax-exempt industries. Cohen holds a bachelor’s degree from Rider University and a master’s degree from Pace University.

Cohen serves as treasurer and executive committee member of the New Jersey Chamber of Commerce Board of Directors. He is also a member of the New Jersey Society of Certified Public Accountants (NJSCPA).

About Wells Fargo Commercial Banking

With more than 140 offices in 38 states and three Canadian provinces, Wells Fargo Commercial Banking provides local service and decision-making for businesses with annual revenues of greater than $20 million. Asset-based lending, traditional secured loans, and capital markets provide access to working capital for day-to-day operations and growth. Expertise and services are available to specialty industries, including technology, food and agribusiness, healthcare, government, higher education, clean technology, and environmental services. Wells Fargo has the highest market share of middle-market company relationships in the U.S., according to the 2013 TNS Commercial Banking Momentum Monitor.

About Wells Fargo

Wells Fargo & Company (NYSE: WFC) is a nationwide, diversified, community-based financial services company with $1.7 trillion in assets. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through more than 8,700 locations, 12,500 ATMs, and the internet (wellsfargo.com), and has offices in 36 countries to support customers who conduct business in the global economy. With approximately 265,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 29 on Fortune’s 2014 rankings of America’s largest corporations. Wells Fargo’s vision is to satisfy all our customers’ financial needs and help them succeed financially. Wells Fargo perspectives are also available at Wells Fargo Blogs and Wells Fargo Stories.

MediaWells Fargo & CompanyDana Obrist, 704-715-6138dana.c.obrist@wellsfargo.comTwitter: @DanaObristWF

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