CHICAGO – The National Marine Bankers Association has re-elected Jim Coburn, first vice president of Flagstar Bank, Troy, Mich., and Karen Trostle, principal of Sterling Acceptance Corp., Annapolis, Md., to its board of directors, NMBA said in a statement yesterday. Coburn will continue in his role as NMBA president, while Trostle will continue service as the organization’s vice president.
NMBA associate members elected Matt Amata, vice president of National Liquidators’ National Yacht Sales and Maritime Capital Group, to the board. Amata’s seat is a newly established position and is intended to allow the voice of NMBA associate members to be represented at the board level.
As NMBA president, goals remain to strengthen and support the core benefits NMBA provides its members, including NMBA’s Annual Lending Conference, the association Web site (www.marinebankers.org), the NMBA Annual Workshop and the NMBA Annual Survey, Coburn said.
“In today’s market, marine finance industry profitability is a very important issue facing our members,” Coburn said. “Our conference, workshop, Web site and survey assure the marine finance community has the information, networks and tools to make sound business decisions within their respective companies.”
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