Lighthouse Financial promoted Todd Miller to executive vice president and chief credit officer. Miller will replace Mark Walling, who is taking on the title of executive vice president and chief operating officer.

In his new role, Miller will take on the additional responsibility of ensuring the credit worthiness of the firm’s overall portfolio of asset-based loans while managing his own portfolio and serving on the firm’s credit committee. He will also continue to support operations and underwriting.

Miller has 37 years of experience in banking and asset-based lending, having spent nearly 25 of those years with Lighthouse Financial. Commenting on Mr. Miller’s promotion, Lighthouse president said,

“Todd is truly an asset to our organization,” J. Brad Leach, president of Lighthouse Financial, said. “There aren’t many individuals that possess the combined experience and portfolio management skills of Todd. This promotion not only recognizes his years of loyalty to Lighthouse but his value to our entire team. Congratulations, Todd!”

Miller is based in Lighthouse Financial’s offices in Greensboro, NC.