Chamorro '99 Promoted to EVP at PenFed

Ricardo Chamorro, Senior Vice President of Consumer Lending Development and Corporate Development, has been promoted to Executive Vice President, Corporate & Business Development. Chamorro will be responsible for marketing and business development, and affiliated businesses including PenFed Realty, PenFed Title, CU Rate Reset, wealth management, and insurance products. He will also have oversight of the PenFed Foundation's recently launched Veterans Entrepreneur Investment Program. Chamorro has over 12 years of experience in financial services and investment banking, including leadership roles at USB Investment Bank and Lazard. He joined PenFed four years ago and initially served in the role of Senior Vice President. A graduate of Harvard Business School (MBA), Chamorro served as a military intelligence officer and was awarded the Joint Service Commendation Medal and Bronze Star. Read More