MB Financial Bank Hires Kevin L. Moffitt as Chief Risk Officer

CHICAGO, June 15, 2016 (GLOBE NEWSWIRE) -- MB Financial Bank hired Kevin L. Moffitt as Chief Risk Officer. Moffitt will lead MB Financial Bank’s Risk Management group comprised of the Credit Review, Compliance and CRA, Financial Crimes Risk Management, Enterprise Risk Management, Legal and Mortgage Risk Management divisions.

Moffitt joins MB Financial Bank from First Midwest Bancorp, where he was Chief Risk Officer. With experience in domestic and international risk management, compliance and risk-based control focused processes; Moffitt will help MB Financial Bank further build first class risk management processes across the entire company.

“With three decades of risk and control management experience and a strong record of achievement, Kevin’s background positions him to be an influential executive leading our Risk Management group,” said Mitchell Feiger, President and CEO, MB Financial. “Managing the risk of a complex and growing organization like MB Financial Bank is critical to our sustainability and future success. We look forward to Kevin’s leadership.”

About MB Financial
MB Financial Bank N.A. is a Chicago-based commercial bank with approximately $15 billion in assets and a more than one hundred year history of building deep and lasting relationships with middle-market companies and individuals. MB Financial Bank offers a full range of powerful financial solutions and the expertise and experience of bankers who are focused on their clients’ success. MB Financial Bank is a wholly owned subsidiary of MB Financial, Inc. (NASDAQ:MBFI).

Contact: Karen A. Perlman Sr. Vice President (847) 653-1788 kperlman@mbfinancial.com

Source:MB Financial