Dime Bank Expands Commercial Lending with Key Hires from Top Institutions

Dime Community Bancshares, Inc. (NASDAQ: DCOM), the parent company of Dime Community Bank, has significantly expanded its commercial lending platform with the strategic hiring of five seasoned banking professionals from prominent financial institutions. The new additions include Ryan Kent as Director of Commercial Strategic Initiatives (formerly of Deloitte and Webster Bank), Elvis Grgurovic as Co-Head of the Mid Corporate vertical, Eric Pelletier as Head of Syndications, Matt Greene as Senior Vice President in Mid-Corporate and Specialty Finance, and Barry Renow as Senior Vice President in the same vertical (previously at BHI USA). This talent acquisition represents a major investment in Dime's growth strategy and commercial lending capabilities.

According to President and CEO Stuart H. Lubow, these hires align with Dime's focus on building a diversified commercial loan portfolio and position the institution as the bank-of-choice for top talent seeking a dynamic, client-focused organization with a flat structure that enables speed and agility. Senior Executive Vice President Thomas X. Geisel emphasized that these high-performing professionals will strengthen Dime's capabilities in core areas including mid-corporate lending, specialty finance, and loan syndications, playing crucial roles in scaling the platform and delivering value through customized credit solutions and responsive service. The expansion comes as Dime Community Bank maintains its position as New York's leading community bank with over $14 billion in assets and the number one deposit market share on Greater Long Island.