Sun National Bank has appointed Derek Chauvette as its new EVP and director of wholesale banking. He will report directly to the CEO.
Mr Chauvette will manage all commercial banking efforts and drive key strategic initiatives to expand lines of business, including wholesale lending, deposits, cash management, and government banking. He will also lead the bank’s growing specialty segment business lines, including healthcare, real estate, asset-based lending, CRA and solar financing.
Mr Chauvette joined Sun from KeyCorp in Cleveland, where he most recently served as national business executive for the public sector group, with responsibility for managing more than 50 professionals. He held several progressive management roles at KeyCorp, including national sales manager of the organization’s corporate investment services group and vice president of fixed income sales.
Thomas Geisel, president and CEO of Sun National Bank, said: “We are pleased to have Derek join Sun and assist in our focus to continue to expand our Commercial Banking operations. He brings an array of strategic management and business development experience across multiple product lines to our team. As we continue to innovate and diversify our product offering in the commercial banking arena, Derek is the perfect individual to drive this effort.”