{"id":383365,"date":"2020-11-17T15:17:23","date_gmt":"2020-11-17T20:17:23","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=383365"},"modified":"2020-11-17T15:17:23","modified_gmt":"2020-11-17T20:17:23","slug":"matthew-remo-director-of-strategy-and-development-at-peapack-gladstone-bank-recognized-as-njbankers-rising-star","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/matthew-remo-director-of-strategy-and-development-at-peapack-gladstone-bank-recognized-as-njbankers-rising-star\/","title":{"rendered":"Matthew Remo, Director of Strategy and Development at Peapack-Gladstone Bank Recognized as NJBankers Rising Star"},"content":{"rendered":"
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Bedminster, New Jersey, Nov. 17, 2020 (GLOBE NEWSWIRE) — via NewMediaWire<\/u><\/a> — Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market:\u00a0 PGC) and Peapack-Gladstone Bank are proud to announce that NJBankers recently recognized Matthew Remo as a \u201cRising Star\u201d of the New Jersey banking industry at its virtual awards ceremony held on November 5, 2020.\u00a0 The NJBankers Rising Star Award is granted to bankers, under the age of 40, to recognize their achievements in the Garden State banking industry.\u00a0 Award winners exhibit the characteristics of true leaders and are outstanding professionals, mentors, teachers and colleagues who support bank and industry initiatives. \u00a0Mr. Remo has continuously exemplified strong leadership skills and professionalism throughout his career.\u00a0 Most recently during these unprecedented times, he played a vital role in the execution of the Bank\u2019s Small Business Administration Paycheck Protection Program process, which resulted in the funding of approximately 2,300 loans for businesses in the Bank\u2019s community, saving more than 50,000 jobs.\u00a0 Matthew continues to lead the SBA PPP Forgiveness initiative, and his knowledge of regulatory and financial subjects makes him an instrumental part of the Bank\u2019s leadership team.\u00a0<\/p>\n

Additionally, the Bank proudly announces the elevation of Mr. Remo to the position of director of strategy and development.\u00a0 In his new role, Matthew is responsible for the development and formalization of the Company\u2019s business strategy and identification of strategic objectives, priorities, and initiatives along with the development of data analytics\/management information systems to measure and report progress.\u00a0 Mr. Remo also ensures capital and liquidity management, regulatory compliance, and credit and enterprise risk management objectives are aligned and synchronized with the Bank\u2019s defined business strategies.\u00a0 In addition, he continues to lead new product governance and serve on many of the Company\u2019s committees.<\/p>\n

Mr. Remo joined Peapack-Gladstone Bank in 2019 as vice president, senior enterprise risk officer.\u00a0 During his tenure at the Bank, Matthew has worked across a wide range of risk management activities including capital and strategic planning, credit portfolio reviews, regulatory compliance, digital initiatives and new product governance.\u00a0 He has also worked diligently with the Bank\u2019s equipment finance team and made overall significant contributions to many areas of the Company.\u00a0<\/p>\n

Mr. Remo joined Peapack-Gladstone Bank after an accomplished 10-year career with the Federal Reserve Bank of New York (FRBNY).\u00a0 As senior examiner of large banking organizations, he specialized in capital and strategic planning, wealth management, asset-liability management and stress testing.\u00a0 At the FRBNY as supervisory manager of regional and community banks, he managed exam teams and led technology design and implementation efforts across the Second District of the Federal Reserve Bank as a commissioned safety and soundness examiner.\u00a0<\/p>\n

Peapack-Gladstone Bank is committed to employee advancement and training with an emphasis on the career development of its employees and their success as future leaders in the financial services industry, and congratulates Matthew for his outstanding achievements and contributions.<\/p>\n

\n About Peapack-Gladstone Bank<\/b>\n <\/p>\n

Founded in 1921, Peapack-Gladstone Financial Corporation is a NJ bank holding company with total assets of $6.0 billion and wealth management assets under management and\/or administration of $7.6 billion as of September 30, 2020.\u00a0 Peapack-Gladstone Bank is a commercial bank that provides innovative wealth management, commercial and retail solutions, including residential lending and online platforms, to businesses and consumers.\u00a0 Peapack Private, the Bank\u2019s wealth management division, 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 establish, maintain and expand their legacy.\u00a0 Together, Peapack-Gladstone Bank and Peapack Private offer an unparalleled commitment to client service.\u00a0 Visit\u00a0www.pgbank.com<\/a>\u00a0and\u00a0www.peapackprivate.com<\/a>\u00a0for more information.<\/p>\n

Contact:\u00a0 Rosanne Schwab, Peapack-Gladstone Bank, Assistant Vice President, Public Relations and Corporate Communications Manager, 500 Hills Drive, Suite 300, Bedminster, NJ\u00a0 07921 rschwab@pgbank.com, (908) 719-6543.\u00a0<\/p>\n

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