Carlyle Group said June 12 that John Adam Kanas was named a senior adviser consultant and vice chairman of Carlyle Global Financial Services Partners. Kanas is the current chairman of BankUnited.
New York, NY – Global alternative asset manager The Carlyle Group (NASDAQ: CG) today announced it has retained John Adam Kanas, a banking executive with more than 40 years of experience and current Chairman of BankUnited, as a Senior Advisor consultant and Vice Chairman of Carlyle Global Financial Services Partners.
In this capacity, Mr. Kanas advises Carlyle’s executive team and investment professionals on a range of strategic and financial services issues, engages with Carlyle’s limited partners and supports Carlyle’s portfolio companies. He joins a group of more than 40 senior business executives – with an average of more than 30 years of experience – who help Carlyle invest wisely and create value across a range of industries. Mr. Kanas will continue in his role as non-executive Chairman of BankUnited.
John Redett, Co-head of Carlyle’s global financial services team, said, “John’s stellar track record of value creation in the financial services sector results from his strategic thinking, commitment to innovation and deep understanding of customer needs. Our investors will benefit from his investment prowess as they did previously from his leadership of and the value he created for our former portfolio company, BankUnited.”
Mr. Kanas said, “Working with Carlyle on the BankUnited investment gave me a close-up view of their commitment as partners. I am excited to work with Kew and Glenn and to support the financial services team, a group of highly talented investors with an enviable track record of investment success.”
Carlyle Co-CEO Kewsong Lee said, “We are delighted to welcome John to the Carlyle family of Senior Advisors. We look forward to his wise counsel.”
Mr. Kanas is non-executive Chairman of BankUnited, N.A., a national bank with $30.4 billion in assets and 92 branches and banking centers in Florida and New York. From May 2009 through December 2016 he served as President and Chief Executive Officer of BankUnited, a former portfolio company of The Carlyle Group. Prior to BankUnited, Mr. Kanas was President and Chief Executive Officer of North Fork Bancorporation, Inc. from 1977 until its acquisition by Capital One Financial Corporation in December 2006. In December 2006, he became President of Capital One’s banking segment, which included North Fork. Mr. Kanas retired from that position in August 2007.
Mr. Kanas earned his B.A. from Long Island University and is past president of the New York State Bankers Association. Mr. Kanas is a member of the board of trustees of Weill Cornell Medical College. In 2005, Mr. Kanas was recognized by Institutional Investor as the best regional bank CEO in America, and in 2007 he received the Woodrow Wilson Award for Corporate Citizenship.
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About The Carlyle Group
The Carlyle Group (NASDAQ: CG) is a global alternative asset manager with $201 billion of assets under management across 324 investment vehicles as of March 31, 2018. Carlyle’s purpose is to invest wisely and create value on behalf of its investors, many of whom are public pensions. Carlyle invests across four segments – Corporate Private Equity, Real Assets, Global Credit and Investment Solutions – in Africa, Asia, Australia, Europe, the Middle East, North America and South America. Carlyle has expertise in various industries, including: aerospace, defense & government services, consumer & retail, energy, financial services, healthcare, industrial, real estate, technology & business services, telecommunications & media and transportation. The Carlyle Group employs more than 1,575 people in 31 offices across six continents.