San Francisco-(Commercial wire) – Wells Fargo & Company (NYSE: WFC) has named Mary Katherine DuBose to lead the bank’s secured lending sector, including asset-based lending, capital lending, supply chain lending and inventory lending. .. DuBose reports to Kyle Hranicky, CEO of Wells Fargo Commercial Banking.
In this role, DuBose leads the major lending divisions of commercial banks, providing streamlined and efficient working capital solutions to meet the needs of customers around the world. Through DuBose’s extensive portfolio of secured lending solutions, DuBose works directly with its clients to lend a variety of collateral.
“”Mary Katherine’s resilience, determination, and intensive leadership she has shown to her employees, clients, and lending partners show that she is a great asset to the company, “Hranicky said. “”Their expertise and deep lending experience help us perform important tasks and grow our business. We are pleased to announce that Mary Katherine has joined the business banking team.
Previously, DuBose was Wells Fargo’s Chief Credit Officer, responsible for independent oversight of credit risk management practices and enterprise-wide credit decisions regarding line-of-business credit policies. DuBose has over 20 years of experience in the banking industry and has held various leadership positions in Wells Fargo, including: Director of Capital Markets. Market; Co-head of asset-backed lending. Director of Debt Capital Markets. In addition, he held senior positions in corporate bond finance, subscription finance, and corporate net leasing groups.
DuBose holds a bachelor’s degree in business administration from the University of Arkansas and a minor in finance. He is a member of the Charlotte Latin School Executive Committee and Board of Directors and a member of the KinderMourn Board of Directors.
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a leading financial services company with assets of approximately $ 1.9 trillion, serving one in three US households and more than 10% of US SMEs. In the United States. We offer a variety of banking, investment and mortgage products and services, as well as commercial and investment, through four reportable business segments: Consumer Finance and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth Management and Wealth Management Banking. We provide consumer finance. .. Investment management. Wells Fargo was ranked 41st in Fortune’s 2022 largest corporate ranking in the United States. In the community we serve, the company is sustainable and comprehensive for everyone by supporting affordable housing, small business growth, financial health, economic shrinkage and a carbon footprint. We are focusing our social impact on building a new future.
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Press Release Category: WF-LO