Byline Bancorp, Inc. announced that Owen Beacom, Chief Credit Officer of Byline Bancorp and Byline Bank, has informed the company of his intention to retire effective Aug. 14. Mark Fucinato, currently Senior Vice President and Senior Credit Officer at Byline Bank, will succeed Beacom as Chief Credit Officer.

Fucinato has more than 33 years of experience in the banking industry and joined Byline in August 2019. Beacom will remain as an advisor to the company to assist in the transition.

“We are very appreciative of the valuable service that Owen provided during his time at Byline and will continue to benefit from his knowledge and experience through his role as an advisor to the company through this transition,” said Alberto Paracchini, President and Chief Executive Officer. “Mark is a highly experienced credit officer with a deep understanding of our markets, customer base and the strong credit culture we have built at Byline.

“Mark has played a critical role in establishing and implementing the policies and procedures we have utilized to understand the level of impact that the COVID-19 pandemic has had on our borrowers, developing appropriate support programs to help them manage through this crisis, and ensuring that we are appropriately reserved. We believe that Mark is an excellent addition to our management team and is well suited to lead our credit administration function during a challenging time.”

Fucinato joined Byline in August 2019, after serving as Senior Credit Officer at MB Financial Bank since 2016. From 2010 to 2016, Fucinato served as Senior Credit Officer with FirstMerit Bank. From 2007 to 2010, Fucinato served as Senior Credit Executive at JP Morgan Chase, after serving as Senior Vice President of the Special Credits Group from 2004 to 2007. Before that, Fucinato served as Senior Vice President at the Managed Assets Department of Bank One, from 1999 to 2004, after holding several positions at American National Bank from 1987 to 1999.

Fucinato holds a bachelor of arts degree from the University of Buffalo, and a Juris Doctor degree from Northern Illinois University College of Law.

Headquartered in Chicago, Byline Bancorp, Inc. is the parent company for Byline Bank, a full-service commercial bank serving small- and medium-sized businesses, financial sponsors and consumers. Byline Bank’s commercial and retail banking products and services include small-ticket equipment leasing and it is one of the top five Small Business Administration lenders in the United States.