Piermont Bank Expands Leadership Team to Accelerate Next Phase of Growth

Core Insights - Piermont Bank is expanding its leadership team to support its growth and commitment to innovation in embedded banking, payments infrastructure, and next-generation lending [1][10] - The new leadership will enhance Piermont's strategy of integrating modern banking infrastructure with relationship-driven expertise to meet the evolving financial needs of businesses [2] Leadership Changes - Wenni Wu is expanding her role as Chief Growth Officer, overseeing all deposit-related businesses and continuing to enhance client care and market strategy [3][4] - Dennis Day has been appointed as Chief Payments Officer, bringing over 20 years of experience in the payment ecosystem to strengthen Piermont's payment capabilities [5][6][7] - Derrick Cornelious joins as Chief Credit Officer, focusing on credit strategy and risk management to support the expansion of commercial and embedded lending programs [8][9] Company Overview - Piermont Bank is a digital specialty commercial bank designed to serve fast-growing companies, utilizing a cloud-native banking platform for greater flexibility and scalability [11]