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ESL Federal Credit Union Names Mehul Makwana as Senior Vice President, Director, Risk Management

Rochester, NY — ESL Federal Credit Union recently named Mehul Makwana as senior vice president, director, risk management. In his new position, Makwana will provide direction to the development and administration of the organization’s credit, fraud, and enterprise risk management policies consistent with the credit union’s strategy. He will also serve as the organization’s chief lending officer.

“Mehul’s addition to our management team will further strengthen our existing robust risk management capabilities and practices,” said Faheem Masood, president and CEO, ESL Federal Credit Union.

Makwana joins ESL from Huntington Bank in Columbus, OH, where he was senior vice president and head of the model risk validation group responsible for market, liquidity, and model risk.

Makwana holds a master’s degree in financial mathematics from University of Chicago.

About ESL Federal Credit Union

With more than 100 years of locally owned history, ESL Federal Credit Union serves as a full-service financial institution to more than 400,000 members and 15,500 businesses. Founded in 1920, the company provides personal banking, business banking, mortgage services, and wealth management services through its locally based 24-branch network; telephone, mobile and online banking; and live chat center.

The Rochester-based financial institution employs approximately 900 people in the Greater Rochester area and holds more than $9 billion in assets. Since 1996, ESL has paid out 28 consecutive Owners’ Dividends to its members totaling more than $265 million. Since the creation of its Community Impact initiative in 2018, ESL has reinvested more than $100 million in grants throughout the community. The company has appeared on Great Place to Work® lists since 2010. ESL Federal Credit Union is headquartered at 225 Chestnut Street, in Rochester, and can be found online at

For more information, contact:

Rich Pulvino, APR
VP/Director, Marketing