First Niagara promotes Inder Koul to Chief Information Officer First Niagara announces the promotion of Inder Koul to Chief Information Officer. Koul joined First Niagara in November 2012. First Niagara also announced the elimination of the Chief Banking Officer position. The company has initiated a search for an executive vice president of Commercial Financial Services. Daniel E. Cantara, III, senior executive vice president and Chief Banking Officer, will be leaving the company effective no later than February 28.
First Niagara sees Q2 EPS 1c per share downward bias vs. consensus of 15c Sees 2 to 4 point downward basis to expectations of 3.03%, reflecting lower rate environment and day effect. Comments taken from slides for Q2 earnings conference call.