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BofA names Denver market president; Citi alum joins RBC's City National Bank

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BofA names Denver market president; Citi alum joins RBC's City National Bank

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

Banking

Bank of America Corp. named Raju Patel market president for Denver.

Patel was also recently named Bank of America Merrill Lynch Global Commercial Banking market executive for Colorado. He was previously the Global Commercial Banking market executive for Indiana and Ohio.

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Los Angeles-based City National Bank appointed Linda Duncombe executive vice president of marketing and product strategies. Duncombe was previously the global head of design for Citibank's Global Consumer Bank and the chief marketing officer and head of growth for Citi FinTech.

Duncombe succeeds Thomas Miller, who is retiring. Miller will remain with the Royal Bank of Canada subsidiary until the end of January.

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Lee Mitchell and Jason Kelly were appointed to the boards of Jasper, Ind.-based German American Bancorp Inc. and that of subsidiary German American Bank.

Mitchell is the owner and operator of L Mitchell Farms and president and CEO of Amino Health Inc. Kelly is the president and CEO of Servus Inc.

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Patten, Maine-based Katahdin Bankshares Corp. appointed Marianna Liddell and Keith Bourgoin to its board.

Liddell is a partner at Pierce Atwood LLP. Bourgoin, who has been a certified public accountant for more than two decades, is the managing partner for Haverlock Estey & Curran LLC.

Financial services

Dynex Capital Inc. amended its bylaws to increase the number of directors to six from five to accommodate the election of David Stevens to the board.

Stevens was the president and CEO of the Mortgage Bankers Association for the past seven years.

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FlexShopper Inc. appointed Howard Dvorkin to its board.

Dvorkin is the chairman of debt.com and has experience in consumer finance, technology, media and real estate.