Gateway First Bank appoints new chief credit officer

The exec has more than 30 years of banking experience

Gateway First Bank appoints new chief credit officer

Gateway First Bank has appointed former JP Morgan Chase vice president Deirdre Cherry as its chief credit officer.

Cherry’s new role will be to review the company’s loan portfolio to guide risk-appropriate growth and ensure compliance with state and federal regulations. She will also assist in the detection of deterioration in loan quality.

“We are committed at Gateway to bringing in the best talent in the industry, and Deirdre is no exception with her depth and breadth of experience in the banking industry,” said Gateway CEO Stephen Curry. “Her knowledge on credit training, pricing models, collateral evaluation and risk rating will help us as we continue to grow as a company.”

Cherry has over three decades of experience in the banking industry, primarily with JPMorgan and Bank of America. In addition, she managed teams and presented credit propositions to clients at various corporations, including Bank of West, Merrill Lynch, and Deutsche Bank.

“I am proud to be a member of the Gateway team during this unprecedented time of rapid growth and advancement,” Cherry said. "I look forward to using my industry experience to help the team strive for even greater excellence and live out the company’s core values and making a difference in our company and community every day.”