Chase Appoints Erik Langeland to Head Middle Market Banking in the Central Valley
SACRAMENTO, Calif.--(BUSINESS WIRE)-- Chase has named veteran banker Erik Langeland to lead its middle market banking expansion into the Central Valley, including the Sacramento region.
Based in Sacramento, he will focus on building a team of local banking professionals to serve businesses in the region with annual sales between $20 million to $500 million.
"The Central Valley is an extremely attractive growth market with its large population and thriving business industry," said Paul Kaufman, head of Chase Middle Market Banking in the West. "Erik's extensive Commercial Banking experience working with middle market companies, combined with his proven leadership and management skills, position him well to grow our middle market business here."
An 18-year banking veteran, Erik has spent his entire financial services career at Chase and its predecessors. For the last 11 years, he was a division manager for Chase Middle Market Banking in Illinois and also led a team of bankers focused on serving law firms.
Chase currently serves Central Valley consumers and small businesses through more than 125 local bank branches.
Chase Commercial Banking serves more than 23,000 corporate, state, municipal, financial institution and non-profit clients in the U.S. with annual revenue generally ranging from $20 million to $2 billion and nearly 36,000 real estate investors and owners. The firm offers a comprehensive set of financial products and services, including credit, equipment finance, real estate finance, treasury services and provides clients with access to the investment services of J.P. Morgan.
KEYWORDS: United States North America California Illinois
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