AMERANT BANK ANNOUNCES HIRE OF ELLIOT SHAFER AS NEW HEAD OF BUSINESS DEVELOPMENT

Core Viewpoint - Amerant Bank has appointed Elliot Shafer as SVP, Head of Business Development to enhance its growth and market presence in Florida [1][2]. Group 1: Appointment and Role - Elliot Shafer will support Amerant's growth by identifying, evaluating, and pursuing business opportunities that align with the bank's strategic objectives [1][2]. - Shafer's responsibilities will include leading initiatives to expand Amerant Bank's market presence, developing networks, establishing partnerships, and promoting cross-selling activities [2][3]. Group 2: Background and Experience - Elliot Shafer has extensive experience in business development, previously serving as Senior Vice President, Market Director at Huntington National Bank [3]. - He has held leadership roles in middle market banking for TCF Bank and its predecessor companies, bringing a wealth of experience in commercial and business banking to Amerant [3]. Group 3: Company Overview - Amerant Bank is a prominent financial institution in Florida, serving clients for over 40 years and comprising subsidiaries such as Amerant Investments and Amerant Mortgage [4]. - The bank has been recognized as a Most Loved Workplace® by Best Practice Institute in 2022, 2023, and 2024, highlighting its commitment to community and client relationships [4].