City National Bank announced the appointment of Howard Hammond as the new CEO, with Kelly Coffey shifting to the role of CEO of City National Entertainment. The transition, effective from November 27th, aims to emphasize the bank’s commitment to its entertainment client base, including television, film, music, theater, and touring sectors. Kelly Coffey expressed her excitement about the opportunity to work closely with clients and help City National serve them even better.
Martha Henderson and JaHan Wang continue in their roles at City National, while Hammond will also join CNB’s board of directors and sit on the executive committee of RBC’s U.S. holding company. The appointment of Howard Hammond comes as part of City National’s ongoing effort to strengthen its leadership team to better serve its clients, colleagues, and communities. The move has been praised by City National’s executive chair, Greg Carmichael, who highlighted Kelly Coffey’s significant impact on the bank and her continued focus on supporting the entertainment community in her new role.
