Dime Community Bancshares, Inc. Announces Senior Finance Promotions
January 17 2019 - 4:30PM
Dime Community Bancshares, Inc. ("the Company" or “Dime”) (NASDAQ:
DCOM) today announced that Avinash “Avi” Reddy was named Executive
Vice President and Chief Financial Officer (“CFO”) of the Company
and its subsidiary, Dime Community Bank (the “Bank”), and Leslie
Veluswamy was named Chief Accounting Officer of the Company and
Bank.
Mr. Reddy previously served as Senior Vice President, Head of
Corporate Development and Treasurer at the Company, beginning in
2017. Prior to joining the Company, Mr. Reddy held several
investment banking roles with firms including Evercore Partners,
Barclays Capital and Lehman Brothers giving him broad experience in
corporate finance, capital markets and mergers and
acquisitions.
Ms. Veluswamy previously served as Senior Vice President and
Director of Financial Reporting at the Company, beginning in 2017.
Ms. Veluswamy, a certified public accountant, has extensive
accounting and managerial experience including working as
Accounting Manager at the public accounting firm of Crowe LLP for
seven years and as Assistant Controller at the insurance broker
Crystal and Company for two years.
Kenneth J. Mahon, President and CEO of the Company, said, “With
these promotions, we will consolidate leadership in the Finance
Division under Avi who will be one of my direct reports. Having a
strong Finance team is important as we continue our transformation
towards a community commercial bank. Both Avi and Leslie have
earned the respect of their colleagues and of our Bank’s directors
for their strategic insight, judgment and demeanor.”
ABOUT DIME COMMUNITY BANCSHARES, INC.The
Company had $6.29 billion in consolidated assets as of September
30, 2018. The bank was founded in 1864, is headquartered in
Brooklyn, New York, and currently has twenty-nine branches located
throughout Brooklyn, Queens, the Bronx, Nassau County and Suffolk
County, New York. More information on the Company and the bank can
be found on Dime's website at www.dime.com.
Contact: Avinash
ReddyExecutive Vice President – Chief Financial
Officer718-782-6200 extension 5909
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