They’ve Got Next: Banking and Finance Fresh Face Randy Benjenk

After serving as regulatory counsel on several major bank mergers, Covington & Burling’s Randy Benjenk was ready to take the lead role in taking his clients through the approval process.

Benjenk guided a merger of City First Bank of Washington, D.C. and Los Angeles’s Broadway Bank creating the largest Black bank in the U.S. He advised the banks as the country went through a racial reckoning sparked by the murder of George Floyd, which made the work even more special.

“It’s somewhat a case of work reflecting life,” Benjenk said.

City First Bank is a community development financial institution, meaning ...