Dime Community Bancshares, Inc. (NASDAQ: DCOM), the parent company of Dime Community Bank, announced the expansion of its commercial lending platform with the addition of several seasoned banking professionals. The hires include Ryan Kent as Director of Commercial Strategic Initiatives, Elvis Grgurovic as Co-Head of the Mid Corporate vertical, Eric Pelletier as Head of Syndications, Matt Greene as Senior Vice President in the Mid-Corporate and Specialty Finance vertical, and Barry Renow as Senior Vice President in the Mid-Corporate and Specialty Finance Vertical.
Ryan Kent previously served as a Senior Manager at Deloitte and a Senior Managing Director at Webster Bank. Elvis Grgurovic and Eric Pelletier were Managing Directors at Webster Bank. Matt Greene was a Senior Managing Director at Webster Bank, and Barry Renow was a Senior Vice President at BHI USA. These appointments are part of Dime's ongoing strategy to build a diversified commercial loan portfolio and enhance its capabilities in mid-corporate and specialty lending, as well as loan syndications.
Stuart H. Lubow, President and Chief Executive Officer of Dime, commented: “We are excited to add several talented individuals as we continue to execute on our growth plan. The hires align with our focus of building a diversified commercial loan portfolio. Dime is the bank-of-choice for top tier talent looking to join a dynamic, client-focused institution with a flat organizational structure that enables speed and agility.”
Thomas X. Geisel, Senior Executive Vice President of Commercial Lending, added: “The addition of these high-performing professionals strengthens our capabilities across core areas including mid-corporate and specialty lending, and loan syndications. Each of them will play an important role in scaling our platform and delivering value to our clients through customized credit solutions, industry expertise and responsive service.”
Dime Community Bancshares is the holding company for Dime Community Bank, a New York State-chartered trust company with over $14 billion in assets and the number one deposit market share among community banks on Greater Long Island. The expansion underscores the bank's commitment to organic growth and its ability to attract talent from larger institutions, positioning it to compete effectively in the commercial lending space.
