Newtek Bank, N.A. Hires Vik Mahajan as Chief Investment Officer
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NewtekOne, Inc. (NASDAQ: NEWT) has appointed Vik Mahajan as Chief Investment Officer of its subsidiary, Newtek Bank, N.A. Mahajan will focus on optimizing loan sales and sourcing loan opportunities, leveraging his 25 years of experience in investment banking and financial services.
March 05, 2025 | 4:45 pm
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NewtekOne, Inc. has hired Vik Mahajan as Chief Investment Officer for its bank subsidiary, Newtek Bank, N.A. Mahajan's extensive experience in investment banking is expected to enhance the bank's loan sales and sourcing strategies.
The hiring of Vik Mahajan, with his extensive background in investment banking, is likely to positively impact NewtekOne by improving loan sales and sourcing strategies. This strategic move could enhance the bank's financial performance, making it a positive development for investors.
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