Comerica in Dallas has tapped an insider to oversee its national lending platforms.
The $87 billion-asset company said in a press release Thursday that Mike Ritchie had been named head of national and specialty businesses, a newly created position. He had been Comerica’s Michigan market president since 2013.
Steve Davis, who had been Comerica’s senior vice president of middle-market banking, succeeded Ritchie as Michigan market president. He will oversee business and community engagement in Michigan and provide leadership for middle-market and business banking.
Ritchie and Davis are based in Detroit.
Ritchie’s “knowledge and expertise will not only support our existing customers, but he will be critical in developing new relationships across our portfolio of national and specialty industries,” Peter Sefzik, executive director of Comerica’s commercial bank, said in the release.