ST. LOUIS--(BUSINESS WIRE)--To meet growing demand from companies in the Southern Region, Wells Fargo (NYSE:WFC) said today that Monica Cole will head Wells Fargo Commercial Banking Southern Division team as executive vice president 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.”
Cole earned her bachelor’s degree in Mechanical Engineering from Christian Brothers University and her M.B.A. in Finance from Clark Atlanta University.
About Wells Fargo Commercial Banking
With more than 140 offices in 38 states and three Canadian provinces, Wells Fargo Commercial Banking provides local service and decision-making for businesses with annual revenues of greater than $20 million. Asset-based lending, traditional secured loans, and capital markets provide access to working capital for day-to-day operations and growth. Expertise and services are available to specialty industries, including technology, food and agribusiness, healthcare, government, higher education, clean technology, and environmental services. Wells Fargo has the highest market share of middle-market company relationships in the U.S., according to the 2013 TNS Commercial Banking Momentum Monitor.
About Wells Fargo
Wells Fargo & Company (NYSE:WFC) is a nationwide, diversified, community-based financial services company with $1.6 trillion in assets. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through more than 9,000 locations, 12,500 ATMs, and the internet (wellsfargo.com), and has offices in 36 countries to support customers who conduct business in the global economy. With approximately 265,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 29 on Fortune’s 2014 rankings of America’s largest corporations. Wells Fargo’s vision is to satisfy all our customers’ financial needs and help them succeed financially. Wells Fargo perspectives are also available at Wells Fargo Blogs and Wells Fargo Stories.