Mortgage subservicer and wholesale bank Cenlar FSB says D. James Daras has been named company president and CEO.
Daras has more than 40 years in the banking and mortgage banking industry, with extensive knowledge in risk management, banking and corporate finance functions, bank restructuring, company start-ups and venture capital investing. He joined Cenlar in 1985, leaving his post as CFO to join Dime Bancorp in New York City in 1990. Until returning to Cenlar in 2015, Jim worked with several venture capital firms investing in financial services companies, including Loan Servicing Solutions in 2007, where he served as CEO.
“Jim is an accomplished and exceptional executive leader with a great deal of experience who will ensure Cenlar continues its commitment to providing high quality service to our customers,” says Dave Applegate, Cenlar’s chairman of the board.
Last summer, Daras and Executive Vice President and Chief Operating Officer Robert Lux were both appointed co-CEO after chairman of the board, president and CEO Greg Tornquist announced his retirement from Cenlar. Lux will continue in his role of COO, reporting to Daras.
