First National Bank, the largest subsidiary of F.N.B., hired Nick Lotz as chief commercial banking officer. Lotz, who relocated from the Philadelphia area, will report to Bryant Mitchell, chief wholesale banking officer.
The newly-created chief commercial banking officer role provides additional leadership overseeing the execution of strategies to build and strengthen relationships with corporate, institutional and public sector organizations throughout FNB’s multi-state footprint. In addition to the commercial banking division, Lotz leads treasury management, asset-based lending and equipment finance, guiding cross-functional teams who connect clients and prospects with financing and advisory services.
“Nick is an exceptional banker with extensive experience. He joins an expansive group of executives FNB has brought to Pittsburgh from major metropolitan areas across the country,” Vincent J. Delie, Jr., chairman, president and CEO of F.N.B. and First National Bank, said. “Our ability to attract established leaders from larger financial institutions demonstrates our prominence as an elite bank with the products, people and technology to grow and win business from competitors of all sizes.”
Lotz earned his bachelor’s degree and master of business administration from the University of Pittsburgh and returns to the region after more than two decades leading corporate banking teams across the country from his Philadelphia base. He has held multiple executive leadership roles in large corporate and middle market banking with prominent international and regional banks and previously served as head of corporate banking for both Flagstar Bank and Santander Bank. Additionally, he has had extensive experience with clients that utilized capital markets products and services throughout his career.
“FNB’s culture and capabilities make it an exceptional place to work. I am very impressed by FNB’s deep product set and view them as a premier corporate bank in the industry, particularly with their capital markets offerings which span investment banking, syndications and debt capital markets, and commodity and interest rate hedging,” Lotz said.
With a history of civic engagement, Lotz looks forward to pursuing Pittsburgh-area opportunities to give back as he and his family become ingrained in the local community.
