City National Bank hired Davi Tserpelis as a senior vice president and Long Island regional business manager, the company announced Feb. 1.
America’s Premier Private and Business Bank® said the LI resident will lead and grow City National’s business banking team, serving entrepreneurs and their businesses in the area.
“City National Bank is committed to helping businesses achieve financial success,” said David Cameron, senior vice president and head of business banking at City National. “Davi will provide exceptional service and sophisticated solutions to businesses in Long Island.”
Tserpelis has nearly 30 years of commercial lending and banking experience. She previously served as a senior vice president with Astoria Bank’s Long Island business banking team.
City National entered New York in 2002, primarily to serve entertainment and private banking clients, and has grown to serve entrepreneurs and their families, businesses, nonprofits and professional service firms throughout the region and last year the bank added a team of experienced commercial bankers in New York. In 2015, City National merged with Royal Bank of Canada, one of North America’s leading diversified financial services companies.
“City National has a long history of serving entrepreneurs and providing the best financial solutions. I’m very pleased to join City National’s team,” said Tserpelis. “I know the Long Island business community well, and look forward to helping business owners achieve financial success.”
Active in the community, she serves as the secretary of the board of directors for the Middle Market Alliance of Long Island, an organization that promotes middle market companies, professionals and dealmakers in the region. Tserpelis is also the vice president of the board of directors of The Book Fairies, a nonprofit organization dedicated to fostering children’s literacy in the New York area. Tserpelis also mentors undergraduate students and young professionals in their careers.
City National has expanded in other cities as well, including Minneapolis, Boston and the Crenshaw District in Los Angeles. The bank is also opening a Washington, D.C. office in early 2018.
With $48.7 billion in assets, City National Bank provides banking, investment and trust services through 73 offices, including 18 full-service regional centers, in Southern California, the San Francisco Bay Area, Nevada, New York City, Nashville, Atlanta and Minneapolis. In addition, the company and its investment affiliates manage or administer $62.2 billion in client investment assets.
City National is a subsidiary of Royal Bank of Canada (RBC), one of North America’s leading diversified financial services companies. RBC serves more than 16 million personal, business, public sector and institutional clients through offices in Canada, the United States and 35 other countries.