SAN FRANCISCO–(BUSINESS WIRE)–Wells Fargo & Company (NYSE: WFC) announced today that Derek Ellington will join the company on October 18 as the head of Small Business Banking. He will report to Consumer & Small Business Banking CEO Mary Mack.
Ellington joins Wells Fargo from Bank of America where his 24-year career spanned numerous roles in retail banking, commercial banking, credit, and small business banking. Most recently, Derek was the Business Banking Region Executive for the Atlantic South Region. Derek also served as the President of the North Carolina Triad region where he was responsible for connecting the banking and investment resources offered through the bank’s eight lines of business to individuals, families and companies across the region.
As the head of Small Business Banking, Ellington will be responsible for driving growth and helping small business clients succeed financially. Ellington and the Small Business team of nearly 2,000 dedicated