Webster Financial, the holding company for Webster Bank and its HSA Bank division, elected Linda Ianieri to its board of directors. Ianieri previously worked for PricewaterhouseCoopers and Morgan Stanley Bank.
Webster Bank has promoted Jason Soto, chief credit officer, to executive vice president, responsible for credit risk activities across the organization. He reports to directly to Daniel Bley, executive vice president and chief risk officer.
Webster Bank was recognized among the World’s Best Banks in Forbes’ inaugural World’s Best Banks list. Only 60 banks in the United States were recognized for this honor.
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.
Webster Bank and CoBank will provide debt financing to support the merger of ZenFi Networks and Cross River Fiber. The funds will include additional capacity to support future growth.
HSA Bank, a division of Webster Bank, appointed Ann Brisk vice president, strategy development officer. Brisk will report to SVP and CRO Kevin Robertson.
Oaktree Specialty Lending entered into a new secured revolving credit facility with a $600 million capacity and a maturity date of November 2020.