Mark Cranmer has joined Frost Bank as executive vice president of energy finance with statewide responsibility for energy lending, Dick Evans, Frost chairman and CEO, announced in a press release.
“Mark brings more than 25 years of energy-related experience, with deep knowledge of all facets of the energy industry and energy lending,” Evans said in the release. “We are poised for growth in this dynamic sector of Texas, especially as we move into the Permian Basin with the acquisition of Western National Bancshares in January. Mark’s expertise will be a great asset as we expand our energy business.”
Prior to joining Frost Bank, he has held senior positions with both regional and money-center banks, where he focused on providing commercial banking services for oil and gas E&P companies and also for the non-investment grade sector of the oil and gas industry.
A Texas native, Cranmer graduated from Texas Christian University with a B.B.A. in finance.
Frost is the banking, investments and insurance subsidiary of Cullen/Frost Bankers Inc. (NYSE: CFR), a financial holding company. The bank is based in San Antonio.