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CAST Announces Executive Leadership Change

LOS ANGELES, July 30, 2013 (GLOBE NEWSWIRE) -- CAST Management Consultants, Inc. (CAST) announced that Tom Collins has been named Managing Partner. Collins succeeds Steve McCollum, who will lead the firm's Consumer Banking practice.

Collins assumes this position with a strong 15-year track record at CAST of delivering sustainable positive change for its clients. While at CAST, his areas of specialization have included driving significant revenue growth for clients through development of integrated channel management strategies, designing innovative commercial and business banking delivery models, driving increased consumer and commercial sales effectiveness through improved client engagement, and designing and implementing creative segmentation strategies to balance client experience and profitability. Prior to joining CAST, Collins was Executive Vice President of Corporate Development and Consumer Lending at Dollar Financial Group and Senior Vice President at Ocwen Financial Corporation where he managed the retail banking business.

"Tom's appointment to this leadership role demonstrates our ongoing commitment to evolving as a company," said Glenn Teshirogi, CAST's chairman. "We are placing an experienced and proven executive in this key position to continue to drive transformational change for our clients. Tom will keep CAST at the forefront by building on our reputation of generating significant and sustainable benefits for our clients, amidst a challenging Banking environment. I have every confidence in our continued success as Tom's roll-up-your-sleeves approach is consistent with how we have grown over our 26-year history."

"I would like to express my gratitude to Steve McCollum for guiding the firm over the past seven years. Under Steve's leadership, CAST developed new skills and core competencies that were required to address the changing needs of our clients and the shifting regulatory environment. As a result, we are well positioned to better serve our current clients and attract new ones. Steve's experience and wisdom will be invaluable as we continue to grow the firm."

About CAST

CAST is a financial institutions consulting firm that was founded in 1986 and is headquartered in Los Angeles. The firm's clients include top 20, regionals, community, and large multi-nationals. Its role with clients ranges from strategic to very tactical engagements, with an emphasis on implementing benefits. Consultants offer extensive experience in the areas of operational and service transformations, regulatory compliance, strategy, delivery-model optimizations, integrations and consolidations, and revenue enhancement.

CONTACT: Kathy Somers 213-614-8066, extension 128 www.castconsultants.comSource:CAST Management Consultants