Daily News: September 23, 2014

Wells Fargo Names Cole Division Manager

To meet growing demand from companies in the Southern Region, Wells Fargo said Monica Cole will head Wells Fargo Commercial Banking Southern Division team as EVP and division manager. Based in St. Louis, Cole will manage five regional commercial banking offices serving middle market companies with annual revenues of $20 million or greater in Missouri, Kentucky and Kansas.

“My first and on-going priority is continuing to get to know my new team of bankers, whose commitment to delivering a quality customer experience to our client base is energizing,” Cole said. “The market is as competitive as it has ever been and Wells Fargo is well positioned to provide our clients and prospects in the Southern Region with a breadth of innovative financial solutions.”

Cole started her career in a commercial banking training program more than 20 years ago. She has steadily risen through the ranks, building broad-based experience in prior roles as a senior portfolio and relationship manager, as well as a loan administration officer. Cole joins Commercial Banking from Wells Fargo Capital Finance, where she served as East Region manager of business credit for the past four years. In that role, she was responsible for the leadership, growth and risk management of lower middle-market accounts in the eastern half of the U.S. and Canada.

“With her extensive and diverse leadership experience, Monica will make an immediate impact in her new role,” said Paul Kalsbeek, regional head of Commercial Banking in the Southern Region. “Strong leaders, like Monica, are the key to our success when it comes to helping our middle market customers reach their financial goals.”