Release: Leumi Announces Group Head Appointments in the Northeast Middle Market

Terrano to bring 35 years of diversified experience to Northeast Commercial Banking Team and Meyer will expand his role in promotion to Group Head

New York, NY – November 7, 2016 – Bank Leumi announced today that Leon Terrano will join the organization as a Group Head in the Northeast Middle Market team within the Commercial Banking division, based in New York. The bank also announced that Doug Meyer has been promoted to Group Head in the Northeast Middle Market team. Terrano and Meyer will report to Robert Maichin, Leumi’s Northeast Market President. In their new roles, Terrano and Meyer will each lead a team of Middle Market bankers focused on serving the financial needs of middle market businesses within the U.S. Northeast market.

Leon Terrano maintains over 35 years of diversified commercial banking experience and joins Leumi from Flushing Bank, where he led a team of bankers focused on the Middle Market space within the New York metropolitan area. Before that, Terrano spent the majority of his banking career at JPMorgan Chase in various leadership positions within the Middle Market banking group.

“I have had the pleasure of knowing Leon from our previous tenure at JPMorgan Chase,” said Robert Maichin. “I consider him an outstanding banker and leader, and I look forward to building on our momentum in this market with his addition to the team.”

Doug Meyer has over 14 years of commercial banking experience and joined Leumi in 2015. He is currently spearheading Leumi’s national expansion into the water sector.

“Throughout Doug’s tenure at Leumi, he has shown that he maintains the attributes needed to be an effective leader in our business,” said Maichin.

Leumi’s Commercial Banking division specializes in serving select industries, products and asset types in the U.S. Middle Market, including healthcare, media & entertainment, high tech, apparel and real estate. Its bankers focus on market areas with the most growth potential and work closely with a diverse roster of clients in each sector to develop custom solutions that best support their business needs.

 

About Leumi Bank Leumi USA (Leumi) is a full-service commercial and private banking institution providing financial services to middle market firms, as well as a full range of private banking solutions to domestic and international clients. Leumi also offers a broad range of securities and insurance products through its brokerage subsidiary, Leumi Investment Services Inc. More information about Leumi is available at www.leumiusa.com.

 

Media Contacts:

Debra Bar – Leumi
917-542-2353
debra.bar@leumiusa.com

Jade Faugno – Intermarket
212-754-5425
jfaugno@intermarket.com