WATERBURY, Conn., Jan. 4, 2017 /PRNewswire/ -- Webster Bank announced today that Christopher Motl, executive vice president, Middle Market Banking has been promoted to executive vice president, head of Commercial Banking. In his new role, Motl will lead all Commercial Banking business units: Sponsor & Specialty Finance; Middle Market Banking; Commercial Real Estate; Webster Business Credit Corporation; Webster Capital Finance; and Treasury & Payment Solutions / Government & Institutional Banking.

In this new capacity, Motl will also become a member of the Executive Management Committee. He was also promoted to executive vice president of Webster Financial Corporation (NYSE: WBS). He joined Webster in 2004 and prior to his 2015 promotion to executive vice president, Motl was senior vice president and director of Middle Market Segment Banking. Before joining Webster, Motl worked at CoBank, where he was vice president and relationship manager.

"Chris's promotion recognizes his strong leadership and exceptional business performance. Since joining Webster, Chris's ability to acquire and develop profitable relationships and to manage high-performing teams has enabled him to build a highly successful, competitively differentiating platform in Middle Market Banking," said John Ciulla, president of Webster.

Living up to the communities he serves, Motl is on the board of Special Olympics of Connecticut. He earned his bachelor's degree from the University of Colorado in Boulder.

Webster Bank is a leading regional bank living up to consumers, businesses, and the community since 1935.

About Webster
Webster Financial Corporation is the holding company for Webster Bank, National Association. With $25.6 billion in assets, Webster provides business and consumer banking, mortgage, financial planning, trust, and investment services through 175 banking centers and 350 ATMs. Webster also provides telephone banking, mobile banking, and Internet banking. Webster Bank owns the asset-based lending firm Webster Business Credit Corporation; the equipment finance firm Webster Capital Finance Corporation; and HSA Bank, a division of Webster Bank, which provides health savings account trustee and administrative services. Webster Bank is a member of the FDIC and an equal housing lender. For more information about Webster, including past press releases and the latest annual report, visit the Webster website at www.websterbank.com.

Media Contact:
Sarah Barr, 203-578-2287
sbarr@websterbank.com

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SOURCE Webster Financial Corporation