NewtekOne subsidiary Newtek Bank appoints Vik Mahajan as CIO

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Newtek Bank, N.A. Hires Vik Mahajan as Chief Investment Officer

March 5, 2025 11:28 AM EST

BOCA RATON, Fla., March 05, 2025 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the Company) (NASDAQ: NEWT) announced today that Newtek Bank. N.A., the Companys bank subsidiary, has hired Vaibhav Vik Mahajan as Chief Investment Officer. Mr. Mahajan will be responsible for enhancing and optimizing Newtek Banks execution of loan sales, including SBA 504 loans and the government-guaranteed portions of SBA 7(a) loans; in addition, he will run point on sourcing... More