Citizens Republic Bancorp, Inc. today announced that John D. Schwab, executive vice president and chief credit officer will retire after a six-year career with the company. President and chief executive officer Cathleen H. Nash has named Mark W. Widawski, currently managing director for Citizens Bank Business Finance, as successor following Schwab's retirement. Widawski's appointment is effective immediately.
Nash continued, "We are very pleased that Mark will step into this critical role for Citizens. He has proven over the past four years with the company that he is well qualified to continue and build upon our very proactive credit risk management practices. He is an effective leader and will be an outstanding addition to our executive leadership team. Mark will focus his efforts on credit policy and practice."
Widawski joined Citizens Bank in June 2005 as senior credit officer for Southeast Michigan and was instrumental in establishing the Citizens Bank Business Finance asset based lending unit. Widawski's 25 years of banking experience includes key credit, commercial, regional banking and asset based management positions at JP Morgan Chase and its predecessor organizations (Bank One/NBD). Widawski has a BBA from University of Notre Dame and an MBA from University of Detroit Mercy.