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Wednesday, June 29, 2022
Wed, Jun 29th, 2022
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Kelly Coffey — City National Bank
Chief Executive
THE LATEST:
Despite the pandemic, City National’s expansion remained a big focus for Coffey in 2020. The bank opened five offices on the East Coast in New York; Washington, D.C.; and Atlanta. Under Coffey’s leadership, City National’s year-over-year loan balances grew 23% to $51 billion, and its deposits increased 36% to $68 billion for the period ending Jan. 31. The bank also facilitated nearly 16,000 loans totaling more than $4.6 billion in the first round of the Small Business Administration’s Paycheck Protection Program.
BACKGROUND:
Coffey has more than two decades of diverse financial services experience. Prior to joining City National, she served as chief executive of JPMorgan Chase & Co.’s U.S. Private Bank. She also worked at the firm’s investment bank, where she held a variety of leadership positions, including head of diversified industrials investment banking; head of equity, foreign exchange and interest rate derivatives marketing; and head of corporate finance advisory in North America. Coffey began her career in mergers and acquisitions and spent six years working in Buenos Aires, Argentina. She is one of the few women chief executives leading large companies in Los Angeles. In addition to her role at City National, Coffey is board chairwoman of Marymount School of New York and sits on the board of the Central Park Conservancy. YEARS ON THE LA 500: 3
Return to the 2021 edition of the LA500.