Home >> Capitol Banorp Hires Interim CFO
Print This Post Print This Post

Capitol Banorp Hires Interim CFO

Nicholas G. Hahn is joining ""Captiol Bancorp Limited"":http://www.capitolbancorp.com/ as its new interim chief financial officer. In his new role, Hahn will be charged with overseeing all finance and accounting operations for the financial institution.

[IMAGE]

Hahn is well prepared for his new position, having most recently served as the interim chief financial officer for a national government guaranteed lender. Additionally, Hahn has extensive experience as a financial and management consultant and was previously the chief financial offer for a Belgian owned bank specializing in mortgage originations and servicing.
While working for the international bank,

[COLUMN_BREAK]

New York-based Hahn facilitated the company's entry into two new lines of business and was able to significantly increase the financial institution's revenue and customer platform.
Captiol's chairman and CEO, Joseph D. Reid, said of Hahn's hiring, ""We are pleased to welcome Nick to our organization. His financial leadership, industry expertise and proven ability to assist organizations in transition are significant assets for our team. Nick's ability to direct performance enhancement initiatives will complement our ongoing comprehensive strategic initiatives."" Reid also noted Hahn's key management expertise, as well as his skillful handling of strategic planning and operations for critical business drivers.
Hahn, a certified public accountant, began his career with five years under two of the largest four accounting and auditing firms in the U.S. He is a member of the American Institute of Certified Public Accountants, the Illinois and Ohio CPA Societies, and Financial Executives International.
Capitol boasts corporate offices in Phoenix, Arizona, and Lansing, Michigan, and the company provides community banking through chartered institutions in 13 states around the country. Recently, Capitol has liquidated some of its investments including the divestiture of its interest in ""Bank of Maumee"":http://www.bankofmaumee.com/ and the sale of ""Mountain View Bank of Commerce"":http://www.mvbofc.com/; in both deals, Capitol agreed to sell 51 percent of its interest stakes in the respective entities.

About Author: Abby Gregory

x

Check Also

Survey: Homeownership Remains Elusive for Baby Boomer Renters

A recent look into housing affordability by NeighborWorks America has found that three in five long-term baby boomer renters feel homeownership remains unattainable.