Valley National Bank Announces New Commercial Banking President and Chief Financial Officer

Core Insights - Valley National Bancorp has appointed Gino Martocci as Senior Executive Vice President and President of Commercial Banking, and Travis Lan as Senior Executive Vice President and Chief Financial Officer (CFO) to strengthen its leadership team and execute strategic priorities [1][4][6]. Group 1: Leadership Appointments - Gino Martocci brings over 30 years of commercial banking experience and a proven track record of driving profitable growth, previously serving as Head of Commercial and Commercial Real Estate Banking for M&T Bank [2][3]. - In his new role, Martocci will oversee enterprise-wide commercial banking operations, focusing on client relationship management and strategic initiatives to expand market presence [3][4]. - Travis Lan has been promoted to CFO after contributing to the bank's strategic growth and balance sheet transformation since joining in 2020, with responsibilities including M&A, investor relations, and financial reporting [6][7]. Group 2: Transition and Future Plans - Joe Chillura, the current President of Commercial Banking, will depart on June 30, 2025, but will support the transition to Martocci's leadership [4][5]. - Both Martocci and Lan expressed enthusiasm for their new roles, emphasizing the importance of teamwork and commitment to the bank's long-term vision [4][8][9]. Group 3: Company Overview - Valley National Bank, a regional bank with over $62 billion in assets, operates across multiple states including New Jersey, New York, Florida, Alabama, California, and Illinois, focusing on providing convenient services and supporting community growth [9].