Bryn Mawr Bank Corporation (NASDAQ: BMTC) (the “Corporation”),
parent of The Bryn Mawr Trust Company (”BMT”), has announced the
appointment of
Mark Henderson, as Senior Vice
President, Director of Capital Markets. Mr. Henderson reports
to Neil Orechiwsky, Senior Vice President and Managing Director of
Capital Markets.
“Mark has extensive experience in building
capital markets capabilities at commercial banks and specifically
in interest rate derivative, foreign exchange, and trade finance
services,” said Neil Orechiwsky. “BMT hired Mark to continue the
development of our existing interest rate derivatives platform and
to enhance the quality and scope of our Capital Markets
capabilities across all lines of business. Our Capital Markets team
positions BMT strategically as a premier provider of a full range
of commercial risk management products and expertise all delivered
with BMT’s hallmark customer service and relationship
management.”
BMT Banking President, Kevin Tylus added, “The
continued investment in our Capital Markets team allows BMT to
better serve our existing customer base and enables us to attract
and fulfill the needs of larger, more complex commercial
enterprises and institutions in our footprint.”
Mr. Henderson joined BMT from Grayline Partners,
a company that he founded to help middle-market companies manage
the risk of doing business internationally. Prior to this, he led
the Financial Institutions Group for Chatham Financial where he was
also responsible for the Interest Rate Derivatives, Risk Analysis,
and Valuation Services. In total, Mr. Henderson has spent over 25
years in capital markets and commercial banking. Over the last four
decades, Mark has worked at Bank of America, Goldman Sachs, First
Manhattan, and ABN AMRO. He earned a Bachelor of Arts from Brown
University, a MBA from Columbia Graduate School of Business, and
also holds the designation of Chartered Financial Analyst.
Bryn Mawr Bank Corporation (NASDAQ: BMTC),
including its principal subsidiary, The Bryn Mawr Trust Company
(BMT), was founded in 1889, and is headquartered in Bryn Mawr,
Pa. BMT is a locally managed, premier financial services
company providing retail and commercial banking; trust
administration and wealth management; and insurance and risk
management solutions. Bryn Mawr Bank Corporation has $4.6 billion
in corporate assets and $13.4 billion in wealth assets under
management, administration, supervision, and brokerage (as of
12/31/18). Today, the company operates 43 banking locations,
five (5) wealth management offices and two (2) insurance and risk
management locations in the following counties: Montgomery,
Chester, Delaware, Philadelphia, and Dauphin Counties in
Pennsylvania; New Castle County in Delaware; and Mercer and Camden
Counties in New Jersey. For more information, visit bmt.com.
FORWARD-LOOKING STATEMENTS AND SAFE
HARBOR This press release contains statements which, to
the extent that they are not recitations of historical fact may
constitute forward-looking statements for purposes of the
Securities Act of 1933, as amended, and the Securities Exchange Act
of 1934, as amended. Such forward-looking statements may include
financial and other projections as well as statements regarding the
Corporation’s future plans, objectives, performance, revenues,
growth, profits, operating expenses or the Corporation’s underlying
assumptions. The words “may,” “would,” “should,” “could,” “will,”
“likely,” “possibly,” “expect,” “anticipate,” “intend,” “estimate,”
“target,” “potentially,” “probably,” “outlook,” “predict,”
“contemplate,” “continue,” “plan,” “forecast,” “project,” “are
optimistic,” “are looking,” “are looking forward” and “believe” or
other similar words and phrases may identify forward-looking
statements. Persons reading this press release are cautioned that
such statements are only predictions, and that the Corporation’s
actual future results or performance may be materially
different.
Such forward-looking statements involve known
and unknown risks and uncertainties. A number of factors, many of
which are beyond the Corporation’s control, could cause our actual
results, events or developments, or industry results, to be
materially different from any future results, events or
developments expressed, implied or anticipated by such
forward-looking statements, and so our business and financial
condition and results of operations could be materially and
adversely affected. Such factors include, among others, our need
for capital, our ability to control operating costs and expenses,
and to manage loan and lease delinquency rates; the credit risks of
lending activities and overall quality of the composition of our
loan, lease and securities portfolio; the impact of economic
conditions, consumer and business spending habits, and real estate
market conditions on our business and in our market area; changes
in the levels of general interest rates, deposit interest rates, or
net interest margin and funding sources; changes in banking
regulations and policies and the possibility that any banking
agency approvals we might require for certain activities will not
be obtained in a timely manner or at all or will be conditioned in
a manner that would impair our ability to implement our business
plans; changes in accounting policies and practices; litigation;
cybersecurity events, the inability of key third-party providers to
perform their obligations to us; our ability to attract and retain
key personnel; competition in our marketplace; war or terrorist
activities; our ability to complete anticipated acquisitions and
any material differences in the actual financial results, cost
savings and revenue enhancements associated with our acquisitions;
and other factors as described in our securities filings. All
forward-looking statements and information set forth herein are
based on Management’s current beliefs and assumptions as of the
date hereof and speak only as of the date they are made. The
Corporation does not undertake to update forward-looking
statements.
For a complete discussion of the assumptions, risks and
uncertainties related to our business, you are encouraged to review
our filings with the Securities and Exchange Commission, including
our most recent Annual Report on Form 10-K, as well as any changes
in risk factors that we may identify in our quarterly or other
reports subsequently filed with the SEC.
FOR MORE
INFORMATION: Tina S. McDonaldSenior Vice
President610.581.4875tmcdonald@bmtc.com Neil OrechiwskySVP, Capital
Markets610.254.2056 |
A photo accompanying this announcement is available at
http://www.globenewswire.com/NewsRoom/AttachmentNg/9ef94322-e63d-4a05-969e-25141bbf996c
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