Crestmark Hires Chief Risk Officer

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TROY — Crestmark is pleased to announce that it has hired Philip J. Yanick as senior vice president, chief risk officer. In his new role, Yanick will be responsible for enhancing Crestmark’s risk management practices and assisting in the continued growth and success of the bank. Yanick has extensive experience working with the financial services industry having worked with the FDIC for over 33 years in diverse roles. Most recently, he was a senior commissioned examiner responsible for oversight, scheduling, and assessment examinations regarding IT and data processing; he also assisted with safety and soundness examinations, assessed the asset quality of distressed portfolios, and conducted special investigations on an interagency basis.

 “We are excited to welcome someone of Phil’s caliber and experience to Crestmark,” Crestmark President and COO Mick Goik said.

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