Capital Bank announced the appointment of Mr. Jacob Jake Dalaya as its new Chief Strategy Officer (CSO). With substantial expertise in financial services, particularly in bank M&A and capital markets, Mr. Dalaya is well positioned to advance the bank's strategic growth and expansion. As CSO, Mr. Dalaya will collaborate with the CEO, Executive Management Team (EMT), and the Board of Directors.

A significant part of his role involves partnering on the banks strategic planning process, identifying and implementing new revenue streams and enhancing current business lines. Mr. Dalaya will also leverage his experience in bank M&A and capital markets to spearhead the bank's M&A and investor relations strategies. In Mr. Dalaya's prior role at Webster Financial Corporation he played a key role in the execution of various strategic initiatives for the bank.

Mr. Dalaya also spent several years in investment banking, including at Keefe, Bruyette &Woods as a Vice President and at J.P. Morgan Securities in various roles. During his time in investment banking, Mr. Dalaya helped lead M&A and capital raising transactions for financial institutions. Mr. Dalaya graduated with a bachelors degree in economics from New York University.