Customers Bancorp, Inc. Announces Executive Changes
September 01, 2023 at 05:06 pm EDT
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On August 28, 2023, Andrew H. Bowman notified Customers Bancorp, Inc. (the ?Company?) that he intends to resign from his position as Chief Credit Officer of Customers Bank (the ?Bank?), the Company?s wholly owned subsidiary, on or around December 31, 2023, to pursue entrepreneurial interests. Mr. Bowman?s departure is not the result of any disagreement with the Bank on any matter relating to its operations, policies or practices. Mr. Bowman has agreed to assist with the selection and recruitment of his successor in order to ensure a smooth and orderly transition of his responsibilities.
In preparation for his departure, the Company is conducting a search and evaluating candidates to fill the role of Chief Credit Officer. On September 1, 2023, the Bank promoted Ryan Incorvaia, Managing Group Director and Senior Credit Officer in the Bank?s Technology & Venture Banking Group, to the role of Deputy Chief Credit Officer of Customers Bank.
Customers Bancorp, Inc. is a bank holding company, which is engaged in banking activities through its subsidiary, Customers Bank (the Bank). The Bank provides banking products, primarily loans and deposits, to businesses and consumers through its branches, limited production offices and administrative offices in Berks County and Southeastern Pennsylvania, New York, Hamilton, New Jersey, Boston, Massachusetts, and other geographies. The Bank administratively supports loans and other financial products, including equipment finance leases, to customers. It also offers venture banking loan portfolios. The Bank serves specialty businesses nationwide, including its commercial loans to mortgage companies, commercial equipment financing, SBA lending, specialty lending and consumer loans through relationships with fintech companies. The Bankâs specialty lending includes fund finance, real estate specialty finance, technology and venture, healthcare, and financial institutions group.
CUSTOMERS BANCORP, INC. 
