The Bancorp (NASDAQ:TBBK) announces the appointment of Steven Turowski as EVP, Chief Risk Officer.

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Steven Turowski joins The Bancorp as EVP, Chief Risk Officer. (Photo: Business Wire)

Steven Turowski joins The Bancorp as EVP, Chief Risk Officer. (Photo: Business Wire)

Turowski joins The Bancorp from BNY Mellon, where he had served as Senior Risk Manager and Managing Director for the past five years. Prior to joining BNY Mellon, Turowski was Chief Risk Officer at PNC Global Investment Servicing (formerly PFPC), and held senior management positions at Deutsche Bank (formerly Bankers Trust Company) and Seligman Data Corp.

In his role at The Bancorp, Turowski will report to Frank M. Mastrangelo, CEO, and will oversee the company’s Enterprise Risk Framework, designed to ensure compliance with government regulations and foster collaboration within the lines of business responsible for framework implementation

“I am very pleased to welcome Steven Turowski to The Bancorp as Chief Risk Officer,” said Mastrangelo. “His years of experience in Risk Management within other varied corporate settings make him an ideal fit here at The Bancorp.”

Turowski is a graduate of City University of New York - Queens College and received his MBA in Financial Management from Pace University - The Lubin School of Business.

About The Bancorp

The Bancorp (NASDAQ: TBBK), with operations in the United States and Europe, is a family of financial service companies dedicated to setting a new standard in financial services and payments innovation. The Bancorp specializes in providing private-label banking and technology solutions for non-bank companies ranging from entrepreneurial start-ups to those on the Fortune 500. The Bancorp Bank, one of The Bancorp’s financial institutions, has been recognized as a National Preferred SBA Lender, a top custodian of Health Savings Accounts, a top ACH originator, a top merchant acquirer and is the leading issuer of prepaid cards. thebancorp.com