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Top banking moves through Sept. 28


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Top banking moves through Sept. 28

S&P Global Market Intelligence presents aweekly news summary of executive management and board chair-level changes inthe bank and thrift industry.

Sept. 28

will start asexecutive vice president, CFO and treasurer of and unitBar Harbor Bank &Trust on Oct. 23.

The BarHarbor, Maine-based company's interim CFO, Bradford Kopp, will continue toserve until then.

Iannellipreviously was senior executive vice president and CFO of Pittsfield,Mass.-based Berkshire HillsBancorp Inc.

Bar HarborBankshares also disclosed that Executive Vice President and Chief Risk OfficerRichard Maltz was promoted to executive vice president and COO of the companyand the bank.

MurrayState Bank President and CEO Larry Swedlund will retire upon completion ofYork, Neb.-based CornerstoneBank's pending acquisition of Murray, Neb.-based and unitMurray State Bank.

The CFO ofPeople's UtahBancorp, WolfgangT.N. Muelleck, will retire effective Dec. 31, 2017.

Muelleck willcontinue to serve as a director of the American Fork, Utah-based communitybank. The bank has yet to announce his replacement for the CFO role.

, executive vicepresident and CFO of Providence, R.I.-based Citizens Financial Group Inc., will leave the company tojoin Boston-based State StreetCorp.

Aboaf isexpected to join State Street no later than Jan. 2, 2017, as executive vicepresident and a member of its management committee. He will assume the role ofState Street's CFO no later than April 1, 2017, succeeding Michael Bell, whowill step down from that role.

Aboaf willbe with Citizens Financial until Dec. 16.

FormerCitizens Financial Group CFO John Fawcett will come out of retirement and serveas interim CFO, subject to regulatory approval, until Aboaf's successor isfound.

Sept. 27

was namedexecutive vice president, COO and chief information officer at Goleta,Calif.-based Community West BankNA, according to Santa Maria (Calif.) Chamber News.

Clark waspreviously a consultant for bank mergers, acquisitions and systems integrationsat RLR Management.

CommunityWest Bank is a unit of CommunityWest Bancshares.

ElizabethCottrell has been electedas chairman of the boards of Strasburg, Va.-based First National Corp.. and unit while Gerald Smith Jr. willtake the vice chairman seats and serve as secretary of the two boards.

Cottrellhas been a director since 1992, and was previously the vice chairman andsecretary of the boards of the company and the bank.

Smith hasbeen a director since 2007.

Baltimore-basedChesapeake Bank ofMaryland named JosephSolomon president and managing officer.

He will takeover from William Bocek, who will continue to serve as chairman and CEO of thebank.

Solomonpreviously was president and CEO of Fairmount Bancorp Inc., which sold in 2015.

Chesapeake Bankof Maryland is a unit of Banks ofthe Chesapeake MHC.

NorthBrookfield, Mass.-based NorthBrookfield Savings Bank named Chris Desjardins senior vice president and CFO.

Desjardins'career includes serving as interest rate risk/asset-liability managementanalyst at EPG Inc.

, president ofBank of New York MellonCorp., plans to retire effective Dec. 31.

Peetzjoined Bank of New York Mellon in 1998 and was appointed president in January2013.

Sept. 26

Providence,R.I.-based Citizens Financial Group Inc. promoted Deputy Chief ComplianceOfficer and Chief Privacy Officer Scott Essex to chief compliance officer, effective Oct.17.

Essex willsucceed Bob Nelson, who is retiring effective Oct. 31. Nelson joined thecompany in 2010 as chief administrative officer and head of strategy, andbecame chief compliance officer in 2013.

Essex hasmore than 25 years of experience in financial services. He joined Citizens in2014.

, a unit ofNorthStar BankingCorp., named ScottJacobsen president and CEO.

Jacobsen,who most recently served as COO, will replace David Stone, who is retiring.

The Tampa,Fla.-based bank also appointed Rob Shaw COO.

Bothappointments are effective Oct. 11.

Sept. 23

Ipswich,Mass.-based First IpswichBank President and CEO Russell Cole will retire effective Oct. 1, to addressfamily matters.

JamesMcCarthy is set to replace Cole.

McCarthywas formerly executive vice president and COO of Danvers, Mass.-basedDanvers Bancorp Inc.He has held a seat on First Ipswich Bank's board since 2013.

FirstIpswich Bank is a unit of Brookline Bancorp Inc.

Bedminster,N.J.-based Peapack-GladstoneFinancial Corp. and unit Peapack-Gladstone Bank named senior vice presidentand chief accounting officer.

Boston-basedRadius Bank, asubsidiary of Radius BancorpInc., appointed Robert Piepenburg chief credit officer, the Boston Business Journal reported.

Piepenburgpreviously served as managing director and director of credit research atBank of America Corp.'sBofA Global Capital Management.

Carrollton,Mo.-based Bank 21promoted DarrellDenish to president, the KansasCity Business Journal reported Sept. 22.

Denish'scareer includes serving as executive vice president and chief credit officer atthe bank.

Bank 21 isa subsidiary of Knott Holding Co.Inc.

Sept. 22

Norwich,N.Y.-based NBT BankNA named ThomasMcEntee senior vice president and chief marketing officer as thebank separated its marketing and communications functions, the (Binghamton,N.Y.) Press & Sun-Bulletinreported.

Hepreviously led digital strategy for the life and specialty insurance divisionof Blue Cross/Blue Shield.

Before thisstructural change, Florence Doller led a combined marketing and communicationsgroup. She will move on to serve as senior vice president and director ofcorporate communications.

NBT Bank isa unit of NBT Bancorp Inc.

Windsor,Conn.-based Windsor FederalSavings and Loan Association appointed senior vice president andchief loan officer, the (Manchester, Conn.) JournalInquirer reported.

Kettles waspreviously with Pittsfield, Mass.-based Berkshire Bank, a unit of Berkshire Hills Bancorp Inc.,where he was a commercial regional executive. He managed the middle-marketregional group in the Pioneer Valley and northern Connecticut markets,according to the report.

WindsorFederal Savings and Loan Association is a subsidiary of , which inturn is a unit of Windsor FederalMHC.