BankUnited’s IRO takes on legal role

BankUnited’s IRO has seen the company’s legal brief added to her role. The Miami Lakes, Florida-based lender, which has undergone a renaissance after being seized and sold during the financial crisis, has promoted Susan Greenfield to the position of senior vice president, IR and corporate secretary.

Greenfield, who joined the bank as vice president of IR in 2006, will report directly to chairman, president and CEO John Kanas in her new role.

Susan Greenfield, BankUnited
Susan Greenfield, BankUnited

‘Susan played a key role in critical corporate matters as vice president of investor relations,’ says Kanas in a company statement.  ‘She is a trusted adviser to me, the board and members of the senior management team, and I know she will continue to serve our company and its shareholders well.’

BankUnited, which is due to report its second quarter results on July 24, became one of the biggest failures of the financial crisis when it was seized by US financial regulators in 2009.

The bank was sold to a group of private equity investors led by Kanas, who put up $900 mn to keep it in business. Following the sale, BankUnited has performed strongly and raised $783 mn through a successful IPO in 2011, handing its backers hefty profits.

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