Michael “Micky” Urquhart takes over Monday as president and chief executive of People’s United Bank’s commercial-leasing unit.
Urquhart succeeds retiring Vincent Cianciolo as CEO of People’s Capital and Leasing Corp. Cianciolo has led the Bridgeport bank’s leasing unit since its launch in 1997.
“Micky has held a leadership position at PCLC since joining the $1.75 billion business, one of the largest bank-owned leasing companies in the country,” said Jeff Tengel, senior executive vice president, commercial banking at People’s United.
Prior to People’s United, Urquhart was president and founder of Main Line Capital LLC, an equipment finance brokerage firm, and vice president at Phoenixcor Inc., a finance and leasing company. He also worked at former accounting giant Coopers & Lybrand LLC, now PwC.
Urquhart has a bachelor’s in accounting from Penn State.
Cianciolo joined the bank in 1992 as commercial regional manager for Connecticut’s northwest region. Prior to People’s United, Cianciolo worked for Bank of Boston Connecticut for 20 years as a senior commercial-loan officer.
