Metropolitan Bank Holding Corp. Appoints Anthony J. Fabiano Chief Financial Officer
June 04 2018 - 5:21PM
Business Wire
Metropolitan Bank Holding Corp. (NYSE:MCB) (“Metropolitan” or
the “Company”), the holding company for Metropolitan Commercial
Bank (the “Bank”), today announced that the Company has appointed
Anthony J. Fabiano as Chief Financial Officer, effective
immediately. He will report to Mark DeFazio, President and Chief
Executive Officer, and will be responsible for accounting,
financial reporting, investor relations, tax and capital
planning.
Mr. Fabiano brings more than 34 years of experience across a
broad range of finance, accounting and management disciplines,
primarily in the banking sector. Most recently, he was President,
Chief Operating Officer and a member of the Board of Directors at
Hudson City Bancorp, based in Paramus, New Jersey. In this role,
Mr. Fabiano oversaw all operating departments, led the development
of Hudson City’s strategic plan and served in leadership roles on
various committees, including Asset/Liability, Enterprise Risk
Management, Asset Quality, Disclosure and IT Governance. Mr.
Fabiano also served as Hudson City’s Principal Accounting
Officer.
“Tony is a highly accomplished executive with a broad base of
proven skills across finance, strategy, operations, risk management
and accounting, as well as decades of experience in the New York
metropolitan region banking market,” said CEO Mark DeFazio. “We are
excited that Tony is joining our team as we continue to drive
growth, profitability and shareholder value.”
“I am delighted to join Metropolitan and help support its
continued growth as a relationship-driven bank that combines
personal service with a suite of products and services that match
those of its largest competitors,” said Mr. Fabiano. “Metropolitan
has a strong, differentiated business model and a great team.”
Prior to Hudson City, Mr. Fabiano was Senior Vice President,
Chief Financial Officer and Corporate Secretary at Sound Federal
Bancorp, where he was responsible for accounting, financial
reporting and budgeting, and played broad leadership roles in
capital raises, retail branch network expansion, an acquisition and
the sale of the company. Before that, he served as Senior Vice
President and Chief Financial Officer at MSB Bancorp. Mr. Fabiano
received a B.S. in Accounting from Manhattan College, and graduated
with honors from the National School of Banking. He is also a
Member of the American Institute of Certified Public Accountants
and New York State Society of Certified Public Accountants.
About Metropolitan Bank Holding Corporation
Metropolitan Bank Holding Corp. (NYSE: MCB) is the holding
company for Metropolitan Commercial Bank®, The Entrepreneurial
Bank. The Bank provides a broad range of business, commercial and
personal banking products and services to small and middle-market
businesses, public entities and affluent individuals in the New
York metropolitan area. Founded in 1999, the Bank is headquartered
in New York City and operates five locations in Manhattan, Brooklyn
and Great Neck, Long Island. The Bank is also an active issuer of
debit cards for third-party debit card programs. Metropolitan
Commercial Bank is a New York State chartered commercial bank, an
FDIC member and an equal opportunity lender. For more information,
please visit www.metropolitanbankny.com.
Forward Looking Statement Disclaimer
This release contains certain “forward-looking statements” about
the Company which, to the extent applicable, are intended to be
covered by the safe harbor for forward-looking statements provided
under Federal securities laws and, regardless of such coverage, you
are cautioned about. Examples of forward-looking statements include
but are not limited to the Company’s financial condition and
capital ratios, results of operations and the Company’s outlook and
business. Forward-looking statements are not historical facts. Such
statements may be identified by the use of such words as “may”,
“believe”, “expect”, “anticipate”, “plan”, “continue”, or similar
terminology. These statements relate to future events or our future
financial performance and involve risks and uncertainties that may
cause our actual results, levels of activity, performance or
achievements to differ materially from those expressed or implied
by these forward-looking statements. Although we believe that the
expectations reflected in the forward-looking statements are
reasonable, we caution you not to place undue reliance on these
forward-looking statements. Factors which may cause our
forward-looking statements to be materially inaccurate include, but
are not limited to, an unexpected deterioration in our loan
portfolio, unexpected increases in our expenses, greater than
anticipated growth, unanticipated regulatory action, unexpected
changes in interest rates, an unanticipated loss of key personnel,
an unanticipated loss of existing customers, competition from other
institutions resulting in unanticipated changes in our loan or
deposit rates, unanticipated increases in Federal Deposit Insurance
Corporation costs and unanticipated adverse changes in our
customers’ economic conditions or economic conditions in our local
area in general.
Forward-looking statements speak only as of the date of this
release. We do not undertake any obligation to update or revise any
forward-looking statement, whether the result of new information,
future events or otherwise.
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Metropolitan Bank Holding Corp.Investor
Relations212-365-6721IR@MetropolitanBankNY.comorMediaSard Verbinnen
& CoPaul Scarpetta/Liz Zale,
212-687-8080MCB-SVC@sardverb.com
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