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Informa Hires Leader for Lending Products Unit
US-based Informa Research Services, Inc. has appointed veteran banking exec Paul Needels as Senior Vice President overseeing its Lending Products Division and based in the firm's headquarters in Calabasas, CA.
Most recently at Bank of America, Needels began his banking career in 1980 in the commercial lending team at United Banks of Colorado, then worked successively at Coldwell Banker Commercial Realty, Home Savings of America and Washington Mutual Bank. In 2005, he joined Countrywide as EVP of the lending production division: the company was then acquired by Bank of America.
Informa RS President and MD Michael E. Adler comments: 'We have hit the ball out of the park with Paul Needels joining our team', and adds: 'His 30 years of senior management experience in the banking industry and strong leadership skills make him a solid choice to lead this important division... I fully expect Paul's influence to greatly strengthen our indirect, mortgage, consumer, and business lending research lines.'
Founded in 1983, Informa provides competitive intelligence, MR, and mystery shopping services to the financial services industry and is online at www.informars.com .
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