The Bank Slate


Former First Republic exec lands new CEO post

The former co-CEO of First Republic Bank in San Francisco has been named CEO of a growth-minded real estate finance company. 

Greystone said in a press release that Hafize Gaye Erkan will succeed Steve Rosenberg, who will remain chairman. Her executive responsibilities will begin in September. 

Erkan stepped down as co-CEO of First Republic earlier this year. 

“I am thrilled to welcome Gaye to our firm to drive the next generation of investment and innovation as we pursue strategic growth opportunities, both organically and through acquisitions,” Rosenberg said in the release. “She is an inspiring and visionary leader with a successful track record in financial services spanning two decades.” 

Greystone said Erkan and Rosenberg will accelerate growth in its core commercial and multifamily real estate lending and capital markets business by investing in technology, operations and people. 

The executives plan to expand into adjacent financial services such as lending products, private wealth management and real estate and fintech fund management. They will also explore private banking and residential mortgage lending.

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