John W. Cummings

John W. Cummings is Managing Director, Chief Administrative Officer* at Texas Capital. He has direct responsibility for the Texas Capital Consumer & Digital Banking and Private Banking lines of business as well as Operations, Corporate Real Estate, Corporate Security, Community Development and Marketing & Communications.

Cummings joined Texas Capital in January 2022 with management and leadership experience in the financial services industry. Previously, he spent nine years at Citigroup Inc., serving most recently as head of its Wealth Advisory business, working with high-net-worth banking consumers across the U.S. and Latin America. He was also a member of the U.S. Consumer Management Committee. Prior, Cummings served as Chief Operating Officer and Head of U.S. Investment Products for Citigroup Personal Wealth Management. Before Citigroup, he was with Merrill Lynch & Co. for 25 years, where he began his career as an entry-level trainee and then advanced through assignments within National Sales, Finance, Corporate Services and Global Technology & Operations before his election as a member of the Global Executive Management Committee reporting to the CEO of Merrill Lynch & Company. In his last role with Merrill Lynch, he served as Chief Operating Officer of the Global Private Client Group and Head of the Retirement, Trust Company, Clearing and Merrill Edge Digital Investments businesses. While at Merrill Lynch, Cummings led the reengineering effort that radically improved quality and delivered a 500 basis point improvement in the Merrill Lynch & Co. efficiency ratio, while overseeing recovery from the events of 9/11 and delivering a globally resilient technology infrastructure. He was a leader in the creation of the Merrill Edge Digital Investments business.

Cummings earned a Bachelor of Arts in economics from Fairfield University and is FINRA Series 7 and 24 certified. He has served on the Board of Directors of the Depository Trust Company (DTCC), Level 8, and on the Advisory Board for Columbia University Master of Science in Technology Management program. 



 

* The Board of Directors of Texas Capital Bancshares, Inc. has named John Cummings as an "executive officer."