Published by Gbaf News
Posted on September 12, 2019
David Musicant hired as Citizens’ first West Region leader, Jim Malz to serve as new Midwest Region leader and Ohio President
Citizens Commercial Banking has established a West Region and tapped a new leader for its Midwest Region, further broadening and deepening its capabilities and reach.
These moves bring additional local focus and expertise to bear as Citizens continues to grow its nationwide roster of corporate clients.
David Musicant
David Musicant joins Citizens as the leader of its newly established West Region. Musicant, based in Los Angeles, has more than 30 years of banking experience and most recently served as a managing director at Fifth Third Bank where he led their geographic expansion on the West Coast. Prior to that, he had a 20-year career at Union Bank, most recently serving as group head of their Specialized Industries/Expansion Markets team.
The West Region team will serve existing and new corporate banking clients in Arizona, California, Nevada, Oregon and Washington. Previously, Citizens had announced the West Coast expansion of its Commercial Real Estate business.
Jim Malz joins Citizens as its new Midwest Region executive and Ohio President. Malz, who is based in Cleveland, joins Citizens after a successful 18-year career with JP Morgan, where he was most recently head of the Middle Market Banking and Specialized Industries business in Ohio. Malz succeeds Joseph Giampetroni, who will be leaving Citizens to pursue other opportunities.
“Dave and Jim are both proven leaders in their regions who have long track records of building and leading corporate banking teams and fostering strong partnerships with clients,” said Steve Woods, head of corporate banking at Citizens. “Establishing the West Region builds off the great success we have had in the Southeast Region at expanding the Commercial Bank beyond Citizens’ traditional retail footprint. It is a natural extension for Citizens Commercial Banking and will enable us to continue our current strong momentum and grow our client base.”
In addition to leading the Midwest Region, Malz succeeds Ralph M. Della Ratta as Ohio President. Della Ratta will continue in his role as co-head of Citizens Capital Markets, Inc.’s mergers and acquisitions advisory business, delivering strategic expertise and advice to clients.
Citizens is positioned as a strategic and financial partner, offering deep expertise, great ideas and seamless deal execution. The Citizens Commercial Banking approach puts clients first and offers solutions that help clients make the best decisions throughout the life cycle of their business.
