Larry Richman

Larry D. Richman brings more than four decades of leadership in commercial banking, strategic growth and community-engaged service to his work. Currently serving on the Board of Directors of the independent, Chicago-based financial services firm Mesirow Financial Holdings, Inc., he contributes to the firm’s strategic direction and governance.  

Larry is the past Chair, U.S. Region, CIBC Bank USA, a role in which he focused on developing client relationships, fostering community engagement, and mentoring team members. He previously served as Senior Executive Vice President, Group Head, CIBC U.S. Region, and President and Chief Executive Officer, CIBC Bank USA. He joined CIBC following its June 2017 acquisition of The PrivateBank, where he served as President and CEO. He joined The PrivateBank in November 2007 to drive its strategic transformation into a leading middle-market commercial bank, growing assets from $4 billion in 2007 to more than $20 billion in 2017.

With more than 30 years of business strategy and banking experience, Larry spent most of his career with LaSalle Bank in Chicago, where he rose to President and Chief Executive Officer of LaSalle Bank N.A., and President of LaSalle Bank Midwest. He began his career at American National Bank, joining Exchange National Bank of Chicago in 1981 and serving there until its acquisition by LaSalle.

Larry is on the Dean’s Advisory Council at Indiana University’s Kelley School of Business, where he earned his MBA. He was inducted into the Academy of Alumni Fellows for the Kelley School of Business in 2006. He is a past Trustee of Bradley University in Peoria, Illinois, where he earned his bachelor’s degree. Richman was inducted into Bradley’s Centurion Society for distinguished alumni in 2017. He also holds an advanced certificate from Stanford University in credit and financial management and is a Lifetime Advisory Board member at Northwestern University’s Kellogg School of Management.

Larry is active in multiple civic, philanthropic, and governance activities. He serves as Chair of the board for Northwestern Memorial Hospital and is a Trustee for the Big Shoulders Fund.  He is currently President of The Chicago Club and is a member of the Economic Club of Chicago and a past member of its Board of Directors. He is a past member of the board of the Museum of Science and Industry, the Commercial Club of Chicago and its Civic Committee, and the board of the Western Golf Association’s Evan’s Scholar Foundation. He is also a past board member of World Business Chicago, an organization created by Mayor Rahm Emanuel to promote the benefits of doing business in the Chicago area to business peers worldwide.