New York, NY – The International Association of Credit Portfolio Managers, (IACPM), a professional
association dedicated to the advancement of credit portfolio management, today announced that
Marcia Banks has joined the organization as Associate Director. Ms. Banks will work with Som-lok Leung,
Executive Director of IACPM, to help foster the organization’s growth and development and expand its
member-focused regional activities. In addition, she will coordinate existing IACPM projects to advance
credit portfolio management across markets and asset classes, and promote liquidity in the middle market
and other less liquid assets. “We are very fortunate that Marcia has joined the IACPM,” said Mr Leung.
“Her experience, knowledge and extraordinary expertise will be of great benefit to our organization
and its members.”
Ms. Banks’ professional background includes nearly 20 years at Banc One Capital Markets, Inc.,
now JPMorgan Chase, where as Managing Director, Credit Portfolio Management, she headed the team of
portfolio managers covering the bank’s large corporate and middle market credit portfolios. Ms. Banks’
experience at Banc One Capital Markets also includes 12 years in syndications and debt placements where
as a Managing Director she was responsible for loan underwriting, structuring and pricing activities.
Prior to Banc One Capital Markets, Ms. Banks was a credit market analyst with the United States
Treasury Department and also served in the Executive Office of the President of the United States.
Ms. Banks received her MBA in Finance from The Wharton School and earned her bachelors degree in
International Economics from Georgetown University.
The IACPM is an industry association established in 2001 to further the practice of credit exposure
management by providing an active forum for its member institutions to exchange ideas. The Association,
currently made up of 61 members located in 11 countries, represents the interests of its members before
legislative and administrative bodies in the U.S. and internationally, holds annual conferences and regional
meetings, conducts research on the credit portfolio management field, and works with other organizations on
issues relating to the measurement and management of credit portfolio risk.