Curated News
By: NewsRamp Editorial Staff
January 28, 2026
Peapack Private Bank Appoints Elizabeth Martone as Senior Managing Director
TLDR
- Peapack Private Bank appoints Elizabeth Martone to strengthen leadership, leveraging her 25-year track record to gain competitive advantage in high-net-worth client services.
- Elizabeth Martone's appointment involves her joining as Senior Managing Director, operating from the Park Avenue office to enhance client relationships and operational efficiency.
- This appointment supports Peapack Private Bank's client-centric approach, aiming to provide better financial guidance and legacy-building solutions for individuals and families.
- Elizabeth Martone holds a unique BA in Psychology, Philosophy and Education, bringing interdisciplinary insights to her banking leadership role at Peapack Private Bank.
Impact - Why it Matters
This appointment signals Peapack Private Bank & Trust's strategic push to strengthen its leadership team and expand its presence in the competitive New York private banking market. For high-net-worth individuals, family offices, and businesses seeking sophisticated wealth management and banking services, Martone's extensive experience in building client relationships and driving business development suggests the bank is investing in top talent to enhance service quality and expand its offerings. In an industry where personal relationships and expertise are paramount, such strategic hires often translate to improved client experiences, more innovative financial solutions, and potentially greater stability and growth for the institution. For competitors, this move indicates increased competition for elite banking talent and affluent clients in the Northeast region.
Summary
Peapack-Gladstone Financial Corporation (NASDAQ: PGC) and its subsidiary Peapack Private Bank & Trust have made a significant strategic hire, appointing Elizabeth "Liz" Martone as Senior Managing Director and Group Director. Operating from the Bank's Park Avenue Office in New York City, Martone will join James Handal's leadership team, bringing 25 years of financial services expertise to the organization. Her appointment underscores the bank's commitment to strengthening its leadership in private banking and wealth management, particularly in the competitive New York market.
Martone is a seasoned banking executive with a proven track record in building high-value client relationships, driving business development, and enhancing operational efficiency. Her most recent role was as Senior Vice President of Commercial Private Banking at BankUnited in Melville, NY, where she led a team focused on serving high-net-worth individuals and companies. Prior to that, she served as Managing Director at The Montauk Group, where she helped develop global banking relationship management strategies. Her extensive background also includes senior positions at Herald National Bank, Capital One, and North Fork Bank, giving her deep experience across multiple facets of private banking and cash management.
This appointment comes as Peapack Private Bank & Trust, founded in 1921, continues to expand its client-centric approach to banking. The bank currently manages $7.4 billion in total assets with $12.9 billion under management and/or administration as of September 2025. The organization provides comprehensive wealth management, investment banking, and commercial banking solutions to individuals, families, privately held businesses, and not-for-profit organizations. For more information about their services, visit www.peapackprivate.com. The original announcement was published on www.newmediawire.com, highlighting this important leadership addition to the financial institution's growing team.
Source Statement
This curated news summary relied on content disributed by NewMediaWire. Read the original source here, Peapack Private Bank Appoints Elizabeth Martone as Senior Managing Director
