Peapack-Gladstone Financial Corporation Announces Expansion Into New York City
13 Julho 2023 - 11:04AM
via NewMediaWire – New Jersey holding company, Peapack-Gladstone
Financial Corporation (
NASDAQ Global Select Market: PGC),
Peapack-Gladstone Bank and Peapack Private, announce expansion
plans with the official filing of an application to open a location
in New York City. Peapack Private is actively recruiting from
the Tri-State area and beginning to build a presence in
Manhattan.
“With the recent changes to the New York City banking landscape,
we believe our brand of private banking will be well received by
the market,” said Doug Kennedy, President and Chief Executive
Officer. He continued, “We have the right client-centric
culture to take advantage of the current opportunity in the
marketplace. Over the past several weeks we have recruited a
team of highly skilled, like-minded professionals to lead our
efforts.”
Jeanne Scungio, an experienced financial services leader, has
joined the team to lead the expansion as the President for Peapack
Private’s New York location. Jeanne has extensive experience
as a leader of high-performing teams who advocate for individuals
and businesses with complex needs. She joins Peapack Private
from First Republic Bank where she was a Team Leader and Senior
Managing Director for the bank’s New York City presence since
2004. Jeanne’s experience includes similar senior level
private banking roles at U.S. Trust Company, Citibank, N.A. and
Chase Manhattan Bank, N.A. Jeanne’s focus on providing
customized client solutions that include credit, investment,
specialized asset management and depository services; along with
her leadership skills and focus on providing an exceptional client
experience, aligns with Peapack Private’s business model and its
commitment to providing exceptional, single point of contact client
service that goes beyond market norms.
“I am happy to join an organization that is committed to
providing an elevated experience for its clients,” Jeanne
commented. “As a well-known New Jersey-based boutique
financial institution, I expect the expansion for Peapack Private
into NY will be well received. The team of private banking
professionals we are assembling to compete in this market will be
formidable and will make an impact.”
Jeanne is a graduate of The Wharton School, University of
Pennsylvania, Executive Development Program and holds a Bachelor of
Science Degree in Business Administration from Providence College,
Providence, Rhode Island. She is a volunteer at Memorial
Sloan Kettering Hospital and a former volunteer at The Ronald
McDonald House, both in New York.
ABOUT THE CORPORATION
Peapack-Gladstone Financial Corporation is a New Jersey bank
holding company with total assets of $6.5 billion and assets under
management and/or administration of $10.4 billion as of March 31,
2023. Founded in 1921, Peapack-Gladstone Bank is a commercial
bank that offers a client-centric approach to banking, providing
high-quality products along with customized and innovative wealth
management, investment banking, commercial and retail
solutions. Peapack Private offers comprehensive financial,
tax, fiduciary and investment advice and solutions, to individuals,
families, privately held businesses, family offices and
not-for-profit organizations, which help them to establish,
maintain and expand their legacy. Together, Peapack-Gladstone
Bank and Peapack Private offer an unparalleled commitment to client
service.
Visit www.pgbank.com and www.peapackprivate.com for
more information.
Contact: Denise M. Pace-Sanders, Senior Vice President,
Managing Principal, Brand and Marketing Director, dpace@pgbank.com,
908.470.3322, Peapack-Gladstone Bank, 500 Hills Drive, Suite 300,
Bedminster, NJ 07921
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