Wells Fargo Names Howard Cohen As Commercial Banking Advisor
March 23 2015 - 10:11AM
Business Wire
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.
Photos/Multimedia Gallery Available:
http://www.businesswire.com/multimedia/home/20150323005830/en/
MediaWells Fargo & CompanyDana Obrist,
704-715-6138dana.c.obrist@wellsfargo.comTwitter: @DanaObristWF
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