City National Bank has shuffled its top leadership team, recruiting banking veteran Howard Hammond as CEO while Kelly Coffey shifts to a new role as CEO of City National Entertainment.
The transition, effective Nov. 27, was prompted in part by City National’s desire to focus more deeply on its entertainment client base across TV, film, music, theater, touring and related sectors. Coffey, who is based in Beverly Hills, has served as City National CEO since 2019, having joined the company from JPMorgan’s private wealth management division.
City National Bank CEO Howard Hammond
“For me, banking has always been about clients — the people, businesses and nonprofit organizations we support,” Coffey said. “The entertainment industry is incredibly dynamic, and City National’s role in supporting this community is more important than ever as we remain at the forefront of industry developments and hone our services to meet the evolving needs of our clients.
The transition, effective Nov. 27, was prompted in part by City National’s desire to focus more deeply on its entertainment client base across TV, film, music, theater, touring and related sectors. Coffey, who is based in Beverly Hills, has served as City National CEO since 2019, having joined the company from JPMorgan’s private wealth management division.
City National Bank CEO Howard Hammond
“For me, banking has always been about clients — the people, businesses and nonprofit organizations we support,” Coffey said. “The entertainment industry is incredibly dynamic, and City National’s role in supporting this community is more important than ever as we remain at the forefront of industry developments and hone our services to meet the evolving needs of our clients.
- 11/10/2023
- by William Earl
- Variety Film + TV
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