ConnectOne Bancorp, Inc. Announces Executive Changes
December 01, 2020 at 10:20 pm
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ConnectOne Bancorp announced a series of executive appointments to help drive its digital strategy. The $7.4 billion-asset company said it had promoted Elizabeth Magennis, its chief lending officer, to president of ConnectOne Bank. In her new role, Magennis, who has been at ConnectOne for 14 years, will oversee the bank's growth and strategic direction. Magennis will report to Frank Sorrentino, the company's chairman, president and CEO. Sorrentino had been the bank's president. ConnectOne also named Michael O'Malley as its chief risk officer, a new position. O'Malley had been director of enterprise risk and strategic initiatives and head of operational risk at OnDeck Capital. Siya Vansia was promoted to chief brand and innovation officer, another new position. Vansia had been ConnectOne's chief brand officer.
ConnectOne Bancorp, Inc. is a financial services company. It operates through its bank subsidiary, ConnectOne Bank. ConnectOne Bank is a commercial bank offering a full suite of deposit and loan products and services to the general public, primarily to small and mid-sized businesses, local professionals and individuals residing, working and conducting business in the New York Metropolitan area and the South Florida market served by its West Palm Beach office. Its products and services include personal and business checking accounts, money market accounts, time and savings accounts, credit cards, wire transfers, safe deposit boxes, access to automated teller services and telephone, Internet and mobile banking. It also offers consumer and commercial business loans on a secured and unsecured basis, revolving lines of credit, commercial mortgage loans, and residential mortgages on both primary and secondary residences, home equity loans, bridge loans and other personal purpose loans.