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Byline Bancorp announces chief credit officer's retirement.

BANKING AND CREDIT NEWS-July 24, 2019--Byline Bancorp announces chief credit officer's retirement

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Global Banking News - 24 July 2019

Byline Bancorp Inc. (NYSE: BY) has said that its chief credit officer Tim Hadro has announced his intention to retire and step down from his role effective July 31, 2019.

Hadro will continue as an advisor with the company and assist in the transition. Current deputy chief credit officer Owen Beacom will replace Hadro as chief credit officer. Beacom joined Byline in May 2018 with the acquisition of First Evanston Bancorp.

Beacom, who has more than 35 years of experience in the banking industry, joined Byline following its acquisition of First Evanston Bancorp, where he served as managing director, chief lending officer from 2004 to 2018. Beacom had earlier held senior lending positions at a number of Chicago area banks including Bank One (NYSE: BOF), American National Bank of Chicago, and Lake Shore National Bank. Beacom has served as a member director of the Federal Home Loan Bank of Chicago since 2012.

Headquartered in Chicago, Byline Bancorp Inc. is the holding company for Byline Bank, a full service commercial bank serving small- and medium-sized businesses, financial sponsors, and consumers. With USD5.3bn in assets, Byline Bank operates more than 60 full service branch locations throughout the Chicago and Milwaukee metropolitan areas. A Small Business Administration lender in the US, Byline Bank offers a broad range of commercial and retail banking products and services including small ticket equipment leasing solutions.

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Publication:M2 Banking & Credit News (BCN)
Date:Jul 24, 2019
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