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BankUnited was established on May 21, 2009, when a group of investors led by John A. Kanas acquired the assets and most of the liabilities of the former BankUnited FSB from the Federal Deposit Insurance Corporation. The group recapitalized BankUnited with a $900 million investment, making it one of the most well capitalized financial institutions in the country.
Today BankUnited is a privately held company with $11 billion in assets and more than 75 branch locations in 13 Florida counties.
BankUnited focuses on the financial needs of growing companies and their executives, consumers and commercial and middle-market businesses in Florida’s thriving coastal regions. The bank offers a broad range of online services, treasury management tools for businesses and traditional depository and lending products.
For more information about banking services or branch locations, please call 877-779-2265.
Board of Directors:
John A. Kanas
Chairman, President and CEO
BankUnited
John Bohlsen
Chief Lending Officer
BankUnited
P. Olivier Sarkozy
Managing Director
The Carlyle Group
Wilbur L. Ross, Jr.
Chairman and CEO
WL Ross & Co.
Chinh E. Chu
Senior Managing Director
The Blackstone Group
Lance N. West
Senior Managing Director
Centerbridge Partners
Richard S. LeFrak
Chairman, President and CEO
LeFrak Organization
Steven J. Saiontz
Partner
Banyan Street Partners
Ambassador Sue M. Cobb
President
Cobb Family Foundation
Executive Management:
John A. Kanas – Chairman, President & Chief Executive Officer
John Kanas was named chairman, president and chief executive officer of BankUnited in May 2009. Mr. Kanas led a group of investors in the purchase of the bank in a history-making transaction.
Prior to joining BankUnited, Mr. Kanas was chairman, president and CEO of North Fork Bancorporation, the sixteenth-largest bank holding company in the United States. He held this position from 1977, when he was appointed at the age of 29, until North Fork’s acquisition by Capital One in December 2006. Mr. Kanas led the company in its initial public offering in 1982 to its membership on the NYSE and inclusion in the S&P 500 Index. During his tenure, the company completed 15 bank acquisitions and distinguished itself as one of the most profitable and efficient banking companies in the country.
John Bohlsen – Chief Lending Officer
John Bohlsen was named chief lending officer of BankUnited in May 2009, and is a member of the Board of Directors.
Mr. Bohlsen has more than 25 years of experience in banking. Prior to joining BankUnited, he led the commercial banking division for Capital One’s banking subsidiary, which included the former banking institutions North Fork Bank and Hibernia Bank. Mr. Bohlsen was a part of the North Fork Bank management team when it was acquired by Capital One. During his tenure at North Fork Bank he joined the Board of Directors in 1986 and was named vice chairman in 1989.
Douglas J. Pauls – Chief Financial Officer
Doug Pauls was named chief financial officer of BankUnited in August 2009. In this role, Mr. Pauls oversees BankUnited’s internal and external financial reporting, asset/liability management and investment portfolio.
Mr. Pauls is an accomplished financial executive with more than 25 years of experience. He most recently served as chief financial officer of Commerce Bancorp, which was purchased by TD Bank NA in March 2008. During his 15-year tenure, Mr. Pauls was involved in multiple acquisitions and capital offerings which contributed to the growth of Commerce from $2 billion to $50 billion in assets.
Rajinder P. Singh – Senior Executive Vice President, Mortgage Banking and Corporate Development
Raj Singh assumed leadership of BankUnited's Mortgage Banking and Corporate Development areas in May 2009. In this role, he oversees BankUnited’s mortgage banking activities, corporate strategy, and is the primary liaison with the FDIC’s loss sharing division.
Mr. Singh has several years of experience in mergers and acquisitions, including the acquisition of BankUnited, Capital One’s acquisition of North Fork Bank and Bank of America’s acquisition of FleetBoston. Before joining BankUnited, Mr. Singh was managing director of Invesco’s WL Ross & Co., a private equity firm with more than $8 billion under management, where he led the firm’s financial services practice.
Earlier in his career, Mr. Singh was executive vice president of Capital One Bank, where he managed product marketing and non-branch channels. Prior to that, he was the head of corporate strategy and development for North Fork Bank. Before North Fork, Mr. Singh spent nine years at FleetBoston.
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