Daily News: June 3, 2013

Chase Appoints Langeland to Head Mid-Market Banking

Chase named veteran banker Erik Langeland to lead its middle-market banking expansion into the Central Valley, including the Sacramento region.

Based in Sacramento, Langeland will focus on building a team of local banking professionals to serve businesses in the region with annual sales between $20 million to $500 million.

“The Central Valley is an extremely attractive growth market with its large population and thriving business industry,” said Paul Kaufman, head of Chase Middle Market Banking in the West. “Erik’s extensive commercial banking experience working with middle-market companies, combined with his proven leadership and management skills, position him well to grow our middle market business here.”

An 18-year banking veteran, Langeland has spent his entire financial services career at Chase and its predecessors. For the last 11 years, he was a division manager for Chase Middle Market Banking in Illinois and also led a team of bankers focused on serving law firms.