US Exim Bank has appointed John McAdams to the newly created position of senior vice-president of the credit and risk management group.
The establishment of the new group is part of recent overall organisational changes designed to enable the bank to become more market-focused and customer-driven.
John McAdams extensive track record in both domestic and international banking, including trade finance, will be invaluable as Exim Bank increases transaction volume and streamlines the process for closing deals, particularly for small business customers,” says Ex-Im vice-chairman Eduardo Aguirre.
McAdams comes to Exim from the Bank of America (and predecessor banks) where he held a number of executive management positions in Washington, DC and Chicago, and had oversight of the Asia Pacific region. Most recently he was president of private bank for the Mid-Atlantic region.
In his new role, McAdams will be responsible for overseeing risk management including credit underwriting, credit review and compliance, country risk and economic analysis, and engineering and environmental analysis.