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True Appoints Rick Bank as Managing Director of Private Credit Practice

PRIVATEOct 26, 2026

Position

Director

Company

True

Rick Bank
PhiladelphiaFinancial ServicesFinance

Description

True has established a dedicated private credit practice to assist lenders and investment managers with urgent executive hiring during restructurings. Rick Bank will lead this new practice, which focuses on recruiting C-level executives faced with executive turnover due to challenging market conditions.

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Company Information

Company

True

Location

Philadelphia, Pennsylvania, United States

About

True is an executive search firm based in Philadelphia, specializing in recruitment for private credit and private equity practices. They provide permanent executive recruitment and interim leadership placements to help organizations navigate management changes during challenging financial transitions. Their expertise is particularly valuable in sectors facing increased competition and rising default risks.

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