Curated News
By: NewsRamp Editorial Staff
February 06, 2025

John Soffronoff Joins Peapack-Gladstone Financial Corporation and Peapack Private Bank & Trust as Enterprise Risk and Compliance Officer

TLDR

  • John Soffronoff joins Peapack Private Bank & Trust as Enterprise Risk and Compliance Officer, enhancing risk management and compliance programs for growth and strategy objectives.
  • John Soffronoff brings 35 years of experience in risk and compliance management for financial services industry to Peapack Private Bank & Trust, focused on developing effective programs.
  • John Soffronoff's role at Peapack Private Bank & Trust contributes to maintaining effective risk management and compliance programs, ensuring a secure and ethical financial environment for clients.
  • John Soffronoff's diverse background in risk and compliance management brings valuable expertise to Peapack Private Bank & Trust, enhancing the organization's capabilities in regulatory intelligence and governance.

Impact - Why it Matters

This news highlights the importance of robust risk management and compliance practices in the banking sector. John Soffronoff's appointment signifies a strategic move by Peapack-Gladstone Financial Corporation to strengthen its governance framework and ensure regulatory adherence, ultimately enhancing trust and credibility with stakeholders.

Summary

Peapack-Gladstone Financial Corporation and Peapack Private Bank & Trust have appointed John Soffronoff as Enterprise Risk and Compliance Officer to enhance risk management and compliance programs. With 35 years of experience in the financial services industry, John will play a crucial role in developing effective strategies aligned with the bank's growth objectives. His background includes leadership roles at Capco and FIS, showcasing his expertise in regulatory and compliance issues.

Source Statement

This curated news summary relied on this press release disributed by NewMediaWire. Read the source press release here, John Soffronoff Joins Peapack-Gladstone Financial Corporation and Peapack Private Bank & Trust as Enterprise Risk and Compliance Officer

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