Johnson Financial Group announced that it has hired two banking veterans as Executive Vice President of Commercial Banking and a new Chief Credit Officer.
Dan Defnet, a 25-year banking veteran, has been named Executive Vice President of Commercial Banking for Johnson Financial Group and Johnson Bank. Defnet is a resident of Menomonee Falls and he will succeed Kelly Foster who accepted a position as Regional President for Johnson Bank in Arizona. Prior to Johnson Bank, Defnet served as a Senior Commercial Credit Officer at M&I.
Tom Bolger, Johnson Financial Group’s chief executive said, “Dan brings with him the skills and perspective we need to continue to strengthen our lending discipline as we move ahead in growing our business.” The new EVP will oversee the Credit Administration function which includes credit policy, special assets, collections, and appraisal services. He will also head the Senior Loan Committee and act as a liaison with the Board of Directors in issues about loan quality and portfolio risk evaluation.
Also joining the group is Scott Kelly who has been appointed Chief Credit Officer for both the bank and group. Recently, Kelly served as regional president for the bank’s Janesville and Racine branch sites.
About Johnson Financial Group
The Johnson Financial Group is a privately held, full service financial services company headquartered in Racine, Wisconsin. Johnson Bank and Johnson Insurance are part of the group and they have expertise in banking, wealth ad insurance for personal and business clients. The group employs more than 1,000 talented associates. Visit the website: https://www.johnsonbank.com/.