Banking News

Pinnacle Bank Announces Promotion of Cliff Dennett to Chief Credit Officer

Pinnacle Bank Announces Promotion of Cliff Dennett to Chief Credit Officer

Pinnacle Bank announced that current Deputy Chief Credit Officer, Cliff Dennett has been promoted to Chief Credit Officer following the retirement of Robert Blatter.

Latest Fintech News: Ashok Leyland Announces Financing Tie Up in Kenya for Vehicle Financing, as Channel Partner Deluxe Trucks and Buses Inks Agreement With Kenya Commercial Bank

“Mr. Dennett has played a key role within Pinnacle’s credit team and has worked closely with Mr. Blatter for the past 7 years,” stated Jeffrey D. Payne, Executive Vice President and Chief Executive Officer. “We put a succession plan in place and I am very pleased that we were able to follow that plan with the promotion of Mr. Dennett. Mr. Dennett is well prepared to take over the Chief Credit Officer position and was instrumental over the last several years in executing a very successful loan program. His leadership with the lending team and his extensive credit knowledge will continue to benefit the Bank the executive team and our clients.”

Latest Fintech News: Torches Launches on KuCoin Win and its Legendary Torchlight NFTs to Be Won

Mr. Dennett joined Pinnacle Bank in May of 2007 and contributed to the Bank’s initial growth as a Relationship Manager. In 2015, Mr. Dennett was named Executive Vice President, Senior Lending Officer and partnered with Mr. Blatter in support of the growing credit needs of the organization. As SLO, Mr. Dennett directed the Bank’s team of seasoned underwriters and partnered with Pinnacle Bank’s senior relationship management team in structuring and approving lending opportunities. In recognition of his leadership in credit risk management, Mr. Dennett was promoted to EVP, Deputy CCO in early 2021.

“I am thrilled to formally join the Pinnacle Bank leadership team and look forward to upholding our strong credit culture and continuing our solutions-oriented approach to lending via our relationship banking model which has been well received in the communities we serve and support.”

Latest Fintech News: Counterpart Names Claudette Kellner as Insurance Product Lead and Eric Marler as Head of Claims

[To share your insights with us, please write to sghosh@martechseries.com]

Related posts

S&P Global Market Intelligence Ranks the Best-Performing Community Banks and Credit Unions for 2020

Fintech News Desk

IDEX Introduces Multiverse and Expands to Polkadot and Binance Smart Chain

Fintech News Desk

Trust Payments Announces Expansion to Cyprus

Fintech News Desk
1