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WSFS Bank Expands Capital Markets Team and International Services with Hires of Michael Burnap and Christian Gil as Senior Vice Presidents, Directors of Trade Finance

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WSFS Bank, a subsidiary of WSFS Financial (Nasdaq: WSFS), has expanded its Capital Markets team with the addition of Michael Burnap and Christian Gil as Senior Vice Presidents and Directors of Trade Finance. This move aims to enhance the bank's international services and trade finance capabilities. Burnap, with over 30 years of experience, will lead operations for Trade Finance services, while Gil will focus on revenue and sales. Both will report to Neil Orechiwsky, SVP and Managing Director of Capital Markets.

The expansion demonstrates WSFS Bank's commitment to becoming a premier provider of international services, particularly for small and midsized businesses. The new hires bring extensive expertise in trade finance, structured trade, and commodity finance, strengthening WSFS Bank's position in facilitating international commerce and providing essential resources to businesses seeking global growth opportunities.

WSFS Bank, una filiale di WSFS Financial (Nasdaq: WSFS), ha espanso il suo team di Capital Markets con l'aggiunta di Michael Burnap e Christian Gil come Vice Presidenti Senior e Direttori del Trade Finance. Questa mossa mira a migliorare i servizi internazionali della banca e le sue capacità nel trade finance. Burnap, con oltre 30 anni di esperienza, guiderà le operazioni per i servizi di Trade Finance, mentre Gil si concentrerà sulle entrate e sulle vendite. Entrambi riporteranno a Neil Orechiwsky, SVP e Direttore Generale di Capital Markets.

L'espansione dimostra l'impegno di WSFS Bank a diventare un fornitore di servizi internazionali di primo piano, in particolare per le piccole e medie imprese. Le nuove assunzioni portano un'ampia esperienza nel trade finance, nel trade strutturato e nel finanziamento delle commodity, rafforzando la posizione di WSFS Bank nel facilitare il commercio internazionale e nel fornire risorse essenziali alle imprese che cercano opportunità di crescita globale.

WSFS Bank, una subsidiaria de WSFS Financial (Nasdaq: WSFS), ha expandido su equipo de Capital Markets con la incorporación de Michael Burnap y Christian Gil como Vicepresidentes Senior y Directores de Finanzas Comerciales. Este movimiento tiene como objetivo mejorar los servicios internacionales del banco y sus capacidades en financiamiento comercial. Burnap, con más de 30 años de experiencia, liderará las operaciones de los servicios de Finanzas Comerciales, mientras que Gil se centrará en los ingresos y las ventas. Ambos reportarán a Neil Orechiwsky, SVP y Director General de Capital Markets.

La expansión demuestra el compromiso de WSFS Bank de convertirse en un proveedor líder de servicios internacionales, especialmente para pequeñas y medianas empresas. Las nuevas contrataciones aportan una amplia experiencia en financiamiento comercial, comercio estructurado y financiamiento de commodities, fortaleciendo la posición de WSFS Bank en la facilitación del comercio internacional y en la provisión de recursos esenciales para las empresas que buscan oportunidades de crecimiento global.

WSFS 뱅크(WSFS Financial의 자회사)는 자본 시장 팀을 확장했습니다. 마이클 버냅과 크리스천 길을 선임 부사장 및 무역 금융 이사로 영입하였습니다. 이번 인사는 은행의 국제 서비스와 무역 금융 역량을 강화하기 위한 것입니다. 30년 이상의 경험을 가진 버냅은 무역 금융 서비스 운영을 이끌고, 길은 수익과 판매에 집중할 것입니다. 두 사람은 자본 시장의 SVP 및 전무 이사인 닐 오레키우스키에게 보고합니다.

이번 확장은 WSFS 뱅크가 특히 중소기업을 위한 국제 서비스의 주요 제공업체가 되겠다는 의지를 보여줍니다. 새로 채용된 인력은 무역 금융, 구조화된 무역, 원자재 금융 분야에서 폭넓은 전문 지식을 보유하고 있으며, 국제 상업을 촉진하고 글로벌 성장 기회를 찾는 기업에 필수 자원을 제공하는 데 있어 WSFS 뱅크의 입지를 강화하고 있습니다.

WSFS Bank, une filiale de WSFS Financial (Nasdaq: WSFS), a élargi son équipe des Marchés de Capitaux avec l'arrivée de Michael Burnap et Christian Gil en tant que Vice-Présidents Seniors et Directeurs des Financements Commerciaux. Cette initiative vise à améliorer les services internationaux de la banque et ses capacités en financement commercial. Burnap, fort de plus de 30 ans d'expérience, dirigera les opérations des services de financement commercial, tandis que Gil se concentrera sur les revenus et les ventes. Tous deux rendront compte à Neil Orechiwsky, SVP et Directeur Général des Marchés de Capitaux.

Cette expansion démontre l'engagement de WSFS Bank à devenir un fournisseur de services internationaux de premier plan, en particulier pour les petites et moyennes entreprises. Les nouvelles recrues apportent une vaste expertise dans le financement commercial, le commerce structuré et le financement des matières premières, renforçant ainsi la position de WSFS Bank dans la facilitation des échanges internationaux et la fourniture de ressources essentielles aux entreprises cherchant des opportunités de croissance mondiale.

Die WSFS Bank, eine Tochtergesellschaft von WSFS Financial (Nasdaq: WSFS), hat ihr Kapitalmarkt-Team erweitert, indem sie Michael Burnap und Christian Gil als Senior Vice Presidents und Direktoren für Handelsfinanzierung eingestellt hat. Diese Maßnahme zielt darauf ab, die internationalen Dienstleistungen der Bank und deren Handelsfinanzierungsfähigkeiten zu verbessern. Burnap wird mit über 30 Jahren Erfahrung die Betriebe für Handelsfinanzierungsdienste leiten, während Gil sich auf Einnahmen und Vertrieb konzentrieren wird. Beide werden an Neil Orechiwsky, SVP und Geschäftsführer von Capital Markets, berichten.

Die Erweiterung zeigt das Engagement der WSFS Bank, ein führender Anbieter internationaler Dienstleistungen zu werden, insbesondere für kleine und mittelständische Unternehmen. Die neuen Mitarbeiter bringen umfangreiche Expertise in Handelsfinanzierung, strukturiertem Handel und Rohstofffinanzierung mit, was die Position der WSFS Bank bei der Förderung des internationalen Handels und der Bereitstellung wesentlicher Ressourcen für Unternehmen, die globale Wachstumschancen suchen, stärkt.

Positive
  • Expansion of Capital Markets team with experienced hires in Trade Finance
  • Enhanced capabilities in international services and trade finance
  • Potential for increased revenue through new trade and working capital solutions
  • Improved positioning to serve small and midsized businesses in international markets
Negative
  • None.

WILMINGTON, Del.--(BUSINESS WIRE)-- WSFS Bank, the primary subsidiary of WSFS Financial Corporation (Nasdaq: WSFS), is pleased to announce the expansion of its Capital Markets team with the hires of Michael Burnap and Christian Gil as Senior Vice Presidents, Directors of Trade Finance, reporting to Neil Orechiwsky, Senior Vice President and Managing Director of Capital Markets.

“WSFS is committed to being the premier provider of international services to our Customers and the markets we serve,” Orechiwsky said. “Trade Finance plays a critical role in facilitating international commerce as tools for payment, capital, and liquidity optimization. The addition of Michael and Christian as co-leaders of the Trade Finance team in Capital Markets, in combination with our Foreign Exchange business, demonstrates WSFS’ focus on delivering these differentiating capabilities to the small and midsized businesses who often lack access to these necessary resources. We’re thrilled to welcome industry leaders of their character and expertise into our organization.”

Burnap will leverage his more than 30 years of trade and payments experience as the operational leader for all Trade Finance services and continue to develop the letter of credit and Trade Finance product capabilities at WSFS.

“I am excited to join WSFS Bank and be a part of the International Services team,” Burnap said. “With its in-house trade finance experts, WSFS Bank is ideally situated to help small and midsized companies take advantage of the international trade products to grow their business and thrive in the years to come.”

Prior to joining WSFS, Burnap managed Global Trade Services daily operations for US Bank supporting daily Commercial and Standby Letter of Credit and Documentary Collections processing. He previously managed the Correspondent Banking and Payments Operations team at BBVA Compass in addition to numerous trade operational leader roles earlier in his career.

He graduated with an MBA from the University of Southern California and a BA in Mandarin Chinese from the University of Colorado.

Gil will serve as the revenue and sales leader for the Trade Finance team. He will work with internationally active Customers and their relationship bankers in originating trade and working capital solutions for the Commercial, Consumer, and Wealth segments alike.

“I am excited to be part of WSFS’ vision to empower Customers in achieving their international markets potential,” Gil said. “Trade Finance often serves as a crucial missing link for companies seeking to reach regional and global clients and suppliers. I am eager to provide the solutions they need.”

Prior to joining WSFS, Gil spent nearly two decades as a customer-facing leader in structured trade and commodity finance sales with multi-national banks such as MUFG Union Bank and BBVA where he covered different industries within the North and Latin American markets.

Gil has an MBA in Finance from the Gabelli School of Business at Fordham University and a BS in Business from ICESI University.

About WSFS Financial Corporation
WSFS Financial Corporation is a multibillion-dollar financial services company. Its primary subsidiary, WSFS Bank, is the oldest and largest locally headquartered bank and trust company in the Greater Philadelphia and Delaware region. As of June 30, 2024, WSFS Financial Corporation had $20.7 billion in assets on its balance sheet and $84.9 billion in assets under management and administration. WSFS operates from 114 offices, 88 of which are banking offices, located in Pennsylvania (57), Delaware (39), New Jersey (14), Florida (2), Nevada (1) and Virginia (1) and provides comprehensive financial services including commercial banking, consumer banking, treasury management and trust and wealth management. Other subsidiaries or divisions include Arrow Land Transfer, Bryn Mawr Capital Management, LLC, Bryn Mawr Trust®, The Bryn Mawr Trust Company of Delaware, Cash Connect®, NewLane Finance®, Powdermill® Financial Solutions, WSFS Institutional Services®, WSFS Mortgage®, and WSFS Wealth® Investments. Serving the Greater Delaware Valley since 1832, WSFS Bank is one of the ten oldest banks in the United States continuously operating under the same name. For more information, please visit www.wsfsbank.com.

Media Contact: Andrew Davison

(215) 309-1064

adavison@wsfsbank.com

Source: WSFS Financial Corporation

FAQ

Who are the new hires at WSFS Bank for the Capital Markets team?

WSFS Bank has hired Michael Burnap and Christian Gil as Senior Vice Presidents and Directors of Trade Finance to expand its Capital Markets team and international services.

What roles will Michael Burnap and Christian Gil have at WSFS Bank?

Michael Burnap will be the operational leader for Trade Finance services, while Christian Gil will serve as the revenue and sales leader for the Trade Finance team at WSFS Bank.

How does the expansion of the Capital Markets team benefit WSFS Bank customers?

The expansion enhances WSFS Bank's ability to provide international services, trade finance solutions, and working capital optimization for small and midsized businesses, helping them grow and thrive in global markets.

What is the significance of WSFS Bank expanding its Trade Finance capabilities?

By expanding its Trade Finance capabilities, WSFS Bank aims to become a premier provider of international services, facilitating international commerce and offering essential resources to businesses seeking global growth opportunities.

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