Daily News: December 5, 2018

Webster Bank Promotes Soto to Chief Credit Officer

Webster Bank promoted Jason Soto senior vice president, chief credit officer. He will report directly to Daniel Bley, executive vice president and chief risk officer.

In his new role, Soto will oversee Webster’s lending strategy and lead the credit risk management governance program. He will be responsible for overseeing the credit approval and credit portfolio management processes for the organization.

“Jason has made a tremendous positive impact since joining the Bank,” said Bley. “We look forward to his leadership as we continue to grow and differentiate ourselves in the marketplace.”

Soto joined Webster in 2015 as senior credit executive head of Middle Market and Sponsor & Specialty Credit, following a long and distinguished career in credit risk management at GE Capital. Since June, he has held the interim role of head of Commercial Credit.

With $27.3 billion in assets, Webster Bank provides business and consumer banking, mortgage, financial planning, trust, and investment services through 157 banking centers and 319 ATMs.