Capital One Bank has hired three executives and promoted another in its government banking section.
The bank appointed John Taylor as senior vice president for southeast Texas and Houston, Tammy Leisen as senior vice president for Long Island, N.Y., and Shawn Robertson as vice president for New Jersey. The bank also has promoted Wayne Kuss to senior vice president for New Jersey.
Capital One was primarily a credit card company earlier in the last decade, noted Chip Motil, head of government banking. The bank is the result of a series of bank acquisitions that Capital One did, purchasing Hibernia National Bank in 2005, North Fork Bancorporation in 2006, Chevy Chase Bank in 2009 and ING Direct in 2012.
“We’re much more than just a credit card company,” Motil said. By acquiring the banks the company gained a range of new talent, he added.
Capital One’s government banking section does loans including private placements, takes deposits and executes fee-based services. The bank mainly does short-term deposits and investing, Motil said, and specializes in the middle market.
“With a career that spans over 20 years in the banking sector, John [Taylor] brings extensive experience in institutional and municipal credit, bond credit enhancement, health care financing, and infrastructure and municipal utilities financings,” Motil said.
Robertson will primarily serve as a relationship manager. He has specialized in government banking in New Jersey for the majority of his 13-year career.
Leisen has more than 20 years of experience in government and municipal banking. Prior to joining Capital One, Leisen established a municipal portfolio and led Wells Fargo’s Long Island expansion.
Kuss primarily serves as a relationship manager for several government entities. He served as mayor of the Borough of Maywood, N.J., for four years.
When Motil hires at the vice president level or above, he says he looks for employees with 15 or more years of experience in government banking with a successful background in a range of areas.
Two of the three new hires were for new positions, Motil said, as Capital One does more hiring due to increased business in the government banking sector.
Motil said the bank’s goal in the next year is to increase its loan portfolio and treasury management business.
“We’re very committed to the government banking line of business,” he said.
As of March 31, Capital One Financial Corp. was the 13th largest bank holding company in the United States.