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

Leadership Appointments - 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) [1][6] - These appointments are part of the bank's strategy to strengthen its leadership team and execute its strategic priorities [1] Gino Martocci's Background - Gino Martocci has over 30 years of experience in commercial banking and has a proven track record of driving profitable growth [2] - Prior to joining Valley, he served as Head of Commercial and Commercial Real Estate Banking for M&T Bank [2] - Martocci will oversee Valley's enterprise-wide commercial banking operations, focusing on client relationship management and strategic initiatives [3] Travis Lan's Background - Travis Lan has been promoted to CFO after joining Valley in 2020, where he contributed to strategic growth and balance sheet transformation [6] - He has experience in M&A, investor relations, capital raising, and has previously worked in investment banking and equity research [6][7] - As CFO, Lan will oversee financial reporting, accounting, taxation, and corporate treasury [7] Transition and Future Outlook - Joe Chillura, the current President of Commercial Banking, will depart the bank on June 30, 2025, and will assist in the transition to Martocci's leadership [4][5] - The CEO, Ira Robbins, expressed confidence in Martocci's ability to strengthen and grow the commercial banking business [4] - Lan expressed eagerness to work with the senior leadership team to achieve strategic initiatives and create value for stakeholders [9] Company Overview - Valley National Bank, a regional bank with over $62 billion in assets, operates across several states including New Jersey, New York, Florida, Alabama, California, and Illinois [9] - The bank is committed to providing convenient services and supporting community growth [9]