Webster Bank announced Jason Soto, Chief Credit Officer, has been promoted to Executive Vice President, responsible for credit risk activities across the organization. He reports to directly to Daniel Bley, Executive Vice President and Chief Risk Officer.

Since his appointment as Chief Credit Officer in 2018, Soto has overseen and advanced the bank's credit risk strategy and has led the credit risk management governance program.

“Jason has demonstrated outstanding leadership capabilities and sound credit judgment, strengthening and expanding our credit risk management capabilities, in support of the bank's strategic priorities,” said President and CEO John R. Ciulla.

Soto joined Webster in 2015 as senior credit executive, supporting the Middle Market Banking and Sponsor & Specialty Finance Groups, following a long and distinguished career in credit risk management at GE Capital.

A resident of Wayland, MA, Soto received his bachelor's degree from Wesleyan University and holds the Chartered Financial Analyst designation.

Webster Bank owns the asset-based lending firm Webster Business Credit Corporation and the equipment finance firm Webster Capital Finance Corporation.