FILE PHOTO: A Wells Fargo logo is seen at the SIBOS Banking and Financial Conference in Toronto, Ontario, Canada, October 19, 2017. REUTERS / Chris Helgren
July 8, 2021
(Reuters) – Wells Fargo & Co announced Thursday that it has appointed veteran Nipul Patel to head real estate banking effective July 15.
Patel, who began his career at Wells Fargo and has spent more than 25 years, previously held several leadership positions within the Commercial Real Estate (CRE) group, including Chief Operating Officer from 2018 to 2020.
In his new role, Patel will oversee on-balance sheet lending for office, multi-family, mixed, industrial and retail properties including construction finance, acquisition finance and long-term finance.
(Reporting by Sohini Podder in Bengaluru)
This article originally appeared on www.oann.com