Mr. Schupp will also be responsible to work with the management team and Board in overseeing opportunities related to growth, strategy and shareholder relations for our bank holding company. As Chief Banking Officer of Valley National Bank, he will be responsible for commercial, mortgage and retail lending, as well as trust and wealth management. Rudy is a talented leader and has broad knowledge of the Banking industry. He has operated and spearheaded the successful growth of our Florida franchise and is immensely qualified to deliver on Valley's mission and strategic vision. Rudy has been a key member of Valley's senior management team since we acquired 1st United Bank in 2014, where he served as 1st United's CEO."
Lipkin added "with the promotions of Ira Robbins and Rudy Schupp we are emphasizing our commitment to Valley's efficiency and growth initiatives. I am confident that with their strong banking experience and leadership capabilities they will continue Valley's long history of successful results and I look forward to working closely with both of them."
Valley National Bancorp is a regional bank holding company headquartered in Wayne, New Jersey with over $22 billion in assets. Its principal subsidiary, Valley National Bank, currently operates 209 branch locations serving northern and central New Jersey, the New York City boroughs of Manhattan, Brooklyn, Queens and Long Island, and Florida. Valley National Bank is one of the largest commercial banks headquartered in New Jersey and is committed to providing the most convenient service, the latest in product innovations and an experienced and knowledgeable staff with a high priority on friendly customer service 24 hours a day, 7 days a week. For more information about Valley National Bank and its products and services, please visit www.valleynationalbank.com or call Customer Service, 24/7 at 800-522-4100.
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SOURCE Valley National Bancorp