CVB Financial Corp. (CVBF), the holding company for Citizens Business Bank (CBB), announced the appointment of Brian T. Mauntel as the President of CBB, effective April 26. In his new position, Mauntel will be responsible for overseeing the bank’s 57 business financial centers, specialty lending groups including Dairy & Livestock and Agribusiness, sales support groups, and its wealth management division, CitizensTrust.
“After an extensive search, we are pleased to have found and hired a President with deep leadership experience in financial services and business banking,” said David A. Brager, CVBF’s and CBB’s Chief Executive Officer. “He will be overseeing an accomplished sales leadership team who are responsible for all customer facing business units. I’m confident that Brian’s broad experience and understanding of financial services and business banking will enable us to put even more emphasis on organically and prudently growing our strong deposit, lending and investment franchises.”
Mauntel has over 29 years of banking experience focused on commercial and business lending and business operations, serving 23 years with Fifth Third Bank, including overseeing and building out a national business banking platform. Mauntel was most recently with Heartland Bank in Ohio as its President and Chief Operating Officer. Mauntel received his Bachelor of Science in Business Administration, Finance, and Master of Business Administration, Marketing, from Xavier University in Ohio.
“Citizens Business Bank has a long history of outstanding performance, and I am honored to be chosen as President for the organization named No. 1 on Forbes’ America’s Best Banks list for the past two years in a row,” said Mauntel. “I’m eager to contribute and help enhance this strong record of achievement going forward.”
CVBF is one of the 10 largest bank holding companies headquartered in California with over $14 billion in total assets.