25 Sep, 2026

JPMorgan Chase adds vice chair; Citi banker departs to join Commerce department

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By Arpita Banerjee


S&P Global Market Intelligence presents a daily roundup of management and board changes in the US and Canadian bank and thrift industry. This feature excludes C-level leadership changes and stories previously covered by S&P Global Market Intelligence.

JPMorgan Chase & Co. hired Adriaan van der Knaap as vice chair in its private capital advisory and solutions team in New York, Bloomberg News reported, citing an internal memo.

Knaap previously served for eight years at Apollo Global Management Inc., the report said.

A spokesperson for JPMorgan reportedly confirmed the contents of the memo.

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Scott Sartorius, Citigroup Inc.'s head of North American leveraged finance, is leaving to a join a Commerce Department unit, Bloomberg News reported, citing Sartorius' LinkedIn page.

Sartorius served at the bank for over eight years, the report said.

A Citi spokesperson declined to comment, while a Commerce Department representative did not immediately respond to a request for comment, the news outlet reported.

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Columbus, Ohio-based Huntington Bancshares Inc. announced that Helga Houston, senior executive vice president at the company, will retire, effective Dec. 31.

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Rhinebeck, New York-based Rhinebeck Bank, a subsidiary of Rhinebeck Bancorp Inc., appointed Timothy Kensky senior vice president, commercial lender.

Kensky has nearly 25 years of commercial banking experience, focused in the Capital Region.

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Washington Township, New Jersey-based Parke Bancorp Inc., the parent company of Parke Bank, appointed Michael Regina to its board of directors.

Regina has more than two decades of business leadership, entrepreneurship, and commercial real estate development experience.

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Jeffrey Green was appointed to the boards of directors of Los Angeles-based CBB Bancorp Inc. and its subsidiary Commonwealth Business Bank.

Green has more than 30 years of experience in public accounting, corporate governance, financial reporting, regulatory compliance, enterprise risk management, and financial services leadership.

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Hampstead, Maryland-based Farmers and Merchants Bancshares Inc. appointed Mark Krebs to the boards of directors of the company and its subsidiary Farmers and Merchants Bank, as a Class I director.

Krebs will serve for a term until the 2027 annual meeting of stockholders and thereafter until his successor is duly elected and qualifies.

Krebs retired from the company as executive vice president and CFO on June 30, 2025.