The $5.6 billion First Tech FCU in Mountain View, Calif., hascreated the new position of chief investment officer and placed a20-year financial services veteran in the job.
|Marangal “Morito” Domingo will manage the 358,000-member FirstTech's investment and portfolio and secondary marketing activities. He most recently was executivevice president, chief financial officer and treasurer of FirstPacTrust Bancorp and PacTrust Bank in Irvine, Calif., the creditunion said.
|Domingo, who has an MBA from the University of Michigan, alsohad been principal and founder of Decision Advisors, providingbusiness strategy and consulting services to banks and financialinvestors, his new employer said, and executive vice president,chief financial and chief investment officer of Doral FinancialCorp.
|“Adding a chief investment officer will help First Techcontinue our history of stellar financial performance,” saidFirst Tech President/CEO Greg Mitchell, who is a former CEO ofFirst PacTrust. “Marito will work closely with our chief financialofficer and chief credit officer to optimize results for ourinvestment portfolio and secondary marketing activities.”
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
- Exclusive discounts on ALM and CU Times events.
- Access to other award-winning ALM websites including Law.com and GlobeSt.com.
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
