As president of City National Bank, Richard A. Raffetto is responsible for National Corporate Banking, Specialty Banking, Commercial Banking, and its various commercial lines of business, including Entertainment Banking, Real Estate Banking and Personal & Business Banking. In addition, he also oversees key product units including treasury management services, City National Capital Markets and First American Equipment Finance.
City National has $91 billion in total assets and 74 offices in Southern California, the San Francisco Bay Area, Nevada, New York City, Nashville, Atlanta, Minneapolis, Washington, D.C. and Miami.
Rich is a member of City National’s board of directors as well as the company’s Strategy and Planning Committee and Executive Committee. He reports to Chief Executive Officer Kelly Coffey.
Before joining City National, Rich held various leadership roles during his 13 years with U.S. Bank’s Corporate & Commercial Banking group. He most recently served as executive vice president and head of the Industrials & Services, Financial Institutions and Public Sector specialized banking units on a nationwide basis, including teams in Los Angeles and San Francisco. Prior to U.S. Bank, Rich served in a variety of commercial and corporate banking leadership roles at BNY Mellon, where he worked for 14 years.
Rich graduated from the University of Pennsylvania’s Wharton School with a degree in economics and finance. He also earned a master’s degree in business administration from New York University’s Stern School of Business. He holds FINRA Series 7, 63 and 24 designations.
Active in the community, Rich serves on the board of United Way of Greater Los Angeles, the Los Angeles Philharmonic and the Peoples’ Symphony Concerts, a New York City nonprofit. He has also served as a member of the YMCA of Greater New York’s volunteer development committee.