Iberiabank has appointed Gregg Strader as executive vice president and chief credit officer. Anthony Restel, who held the position of chief credit officer, will continue to serve as chief financial officer for the company.
Mr Strader has joined the bank in July 2009 as executive vice president and senior credit officer to lead commercial credit support department. Prior to joining Iberiabank, he worked for Wachovia on senior credit roles for 23 years.
His recent positions at Wachovia include managing director of the real estate special assets area and chief risk officer of Wachovia’s real estate financial services group. He has management experience in risk management, commercial real estate, and strategic, firm-building leadership.
Daryl Byrd, president and CEO of Iberiabank, said: “Gregg has brought us extraordinary depth complementing our existing talent in the credit area. We are fortunate to have someone of his caliber focused on mitigating risk in our organization.
“While we do not have the problems so many banks are facing today, we recognize that focus on credit discipline is always important. Gregg continues to provide tremendous value and is an outstanding choice to play such a crucial role in our company.
“Anthony Restel has made remarkable contributions to our organization as the chief credit officer over the past several years. I am particularly grateful for the significant responsibilities he has carried as both chief financial officer and chief credit officer during these unprecedented times.”
