Customers Bank Announces Promotions and New Hire in Accounting Department
June 17 2021 - 8:30AM
Business Wire
Customers Bank, the super-community bank subsidiary of Customers
Bancorp (NYSE: CUBI) with $18.8 billion of assets at March 31,
2021, this week announced the promotion of Jessie John Velasquez to
Executive Vice President, Chief Accounting Officer; the hiring of
Lisa L. Schmoke as Senior Vice President, Corporate Controller; and
the promotion of ThanhNga (Julia) Hoang to Vice President, SEC
Reporting Manager.
“These are three extraordinary professionals who bring real
depth and experience to the complexity of our financial,
accounting, and reporting work,” said Chief Financial Officer Carla
Leibold. “We are excited to have them as part of our accounting
department leadership team.”
Velasquez has more than nineteen years of accounting, tax, and
audit experience, including extensive knowledge and expertise with
US GAAP, IFRS and SEC reporting requirements. As Chief Accounting
Officer, Velasquez oversees Customers Bank’s corporate accounting
functions, including corporate tax, regulatory reporting, and
accounting policy. Velasquez rejoined Customers Bank in 2020 as
Senior Vice President, Chief Accounting Officer.
Velasquez’s experience includes leading technical accounting,
financial and regulatory reporting in various management-level
positions within the financial services sector. He previously
served as Senior Vice President and Head of Accounting Policy and
External Reporting for Webster Bank, N.A. Prior to that, he was the
Senior Vice President and Deputy Chief Accounting Officer at
Customers Bank and Senior Vice President and Head of U.S.
Accounting Policy Group at Santander Bank, N.A. He also held
positions of increasing responsibility at Ernst & Young LLP.
Velasquez received his Bachelor of Science degree in Accountancy
from the University of the Philippines and is a Certified Public
Accountant in the state of Pennsylvania.
Schmoke brings more than twenty-five years of accounting,
financial and regulatory reporting, and internal audit experience,
holding various management level positions in both public and
privately held banks. As Corporate Controller, Schmoke will be
responsible for all aspects of accounting operations and regulatory
reporting, as well as corporate tax. In addition, she will support
the internal and external audit processes while simultaneously
working with the SEC reporting and accounting policy team.
Most recently, Schmoke served as group vice president and
director of accounting operations for Bryn Mawr Trust. She received
her Bachelor of Science degree in Finance from Saint Joseph’s
University and is a Certified Public Accountant licensed in the
state of Pennsylvania.
Hoang joined Customers Bank as a senior accountant in 2018.
Hoang has over seven years of financial reporting experience,
including four years at Santander Bank and over three years at
Customers Bank where she previously served as a senior accountant
in the Accounting Policy and SEC Reporting Group. In her new role,
Hoang will continue to play an integral role in the financial
reporting process, including the Current Expected Credit Losses
(CECL) estimation process. Hoang earned her Bachelor of Arts in
Business Administration with a Finance concentration from
California State University, Fullerton and an Master of Business
Administration from West Chester University.
About Customers Bank
Customers Bank, a subsidiary of Customers Bancorp, Inc. (NYSE:
CUBI) a bank holding company, is a full-service super-community
bank with assets of approximately $18.8 billion on March 31, 2021.
A member of the Federal Reserve System with deposits insured by the
Federal Deposit Insurance Corporation, Customers Bank is an equal
opportunity lender that provides a range of banking and lending
services to small and medium-sized businesses, professionals,
individuals, and families. Services and products are available
wherever permitted by law through digital-first apps, online
portals, and a network of offices and branches. Additional
information can be found on the company’s website,
www.customersbank.com.
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