$3bn Bank in Dallas, Texas, Engages The Anderson Search Group to Add Specialty Lending Head
When a $3bn+ bank in Dallas, Texas, was ready to add someone to build and lead a specialty lending group specializing in rail, aircraft, transportation, cranes, equipment, machine tool and industrial trucking, The Anderson Search Group was engaged to identify, qualify and recruit an elite commercial banking executive. Because The Anderson Search Group had built deep relationships with hundreds of commercial bankers in the Dallas market, the boutique commercial banking executive search firm was able to quickly fill this key role. The commercial banking executive leader placed by The Anderson Search Group started with only himself and a $38 million book of business. In four months, he grew the loan portfolio to $60 million. The following year he grew the portfolio to $140 million. The next year, despite his bank being acquired, the executive grew the book to $250 million while building out his team. Following the acquisition, despite the bank liquidating a large chunk of his business, the candidate’s specialty lending group generated over $2 million in top-line revenue.