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Wells Fargo Promotes Matia to Lead Mid-Atlantic Middle Market Banking

June 05, 2018, 07:25 AM

Wells Fargo Middle Market Banking announced it has promoted Abigail (Abby) Matia to lead its commercial lending operations for the Mid-Atlantic Region, including Virginia, Maryland, West Virginia, and the District of Columbia.

Taking the reins of a growing Wells Fargo middle market region, Matia now leads seven seasoned banking teams in Baltimore and Bethesda, Md.; Richmond, Roanoke, Norfolk and McLean, Va.; and the District of Columbia. Her 99 team members provide credit, treasury management and deposit products to companies with revenues of $20 million and above. These commercial banking experts deliver a localized lending approach to some of the region’s largest and most-recognizable companies in agriculture, energy, government, manufacturing, wholesale, retail, distribution, port-related businesses and technology, among other industries.

“As an experienced commercial banker who has worked in the Mid-Atlantic for 17 years, Abby has a great track record in helping middle market companies succeed financially,” said John Manning, head of Wells Fargo Middle Market Banking in the Eastern U.S. “She will continue our success in this thriving market, leading with integrity, diligence and commitment to serving our clients and communities.”

Middle-market companies (defined by Wells Fargo as having annual sales of $20 million to approximately $1 billion) drive the U.S. economy as an important engine of job creation. More than 200,000 companies — mostly privately held — generate more than $10 trillion in annual revenues.

Matia began her banking career in 1993 as a commercial management associate with Wells Fargo in Winston-Salem, N.C. Upon completion of the Commercial Banking Training Program, she moved to Greensboro, N.C., where she served as a relationship manager for three years. Matia returned to Virginia following Wachovia’s acquisition of Central Fidelity Bank in 1998. She most recently served as the senior credit officer for Wells Fargo Middle Market Banking’s Southeast and Mid-South regions, covering nine states. In 2017, Matia joined Wells Fargo’s Middle Market Banking Loan Supervisor National Executive Advisory Board. The native of Baltimore graduated from Washington and Lee University and holds a bachelor’s degree in economics and psychology.

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