Lakeland Bank Announces New Business Banking Officer Positions

Oak Ridge, N.J. – August 9, 2016 – Thomas J. Shara, president and chief executive officer of Lakeland Bank recently announced the expansion of its Small Business Lending division.

Lakeland’s Small Business Lending division has experienced solid continuous growth over the last five years and to meet the increasing demand in this segment, the Bank has created three new Business Banking Officer positions. The addition of these roles will provide a refined geographic focus to allow for individualized attention and a primary resource to the Bank’s branch network.

Mark McCoy has been promoted to Senior Vice President, Market and Business Banking Manager and the Business Banking Officers will report to him. McCoy joined the Bank in 2010 as Vice President, Business Development Officer based in Montville. In 2011, he transitioned to Vice President, Small Business Loans for the Small Business Lending division based in Oak Ridge, N.J. McCoy earned an MBA in finance from Seton Hall University and holds a Master of Arts in diplomacy and international relations with a specialization in Latin America and the Caribbean. He earned his BS in business administration from Rider University. McCoy resides in Bayonne, N.J.

Mark Bahnuk has been promoted to Vice President, Business Banking Officer, Small Business Sales. He will be based in Mendham and will be responsible for Somerset and Union counties as well as sections of Morris and Sussex counties. Bahnuk joined the Bank in 2004 and has worked in a variety of lending and credit related roles with the Sussex County Lending Team, the former Caldwell Lending Team, credit administration and most recently as a Vice President, Loan Officer for the Bernardsville Lending Team. He is a graduate of James Madison University with a degree in finance. Bahnuk is a resident of Hackettstown, N.J.

Daniel Leary has been promoted to Vice President, Business Banking Officer, Small Business Sales based in Montville. He will be responsible for Essex County and parts of Passaic, Morris and Sussex counties. Leary joined the Bank in 2008 as Branch Manager in Wayne, was promoted to Vice President, Branch Manager in Newton in 2011, and assumed the role of Area Manager for Hampton and Andover in 2011. He attended Bergen Community College and transferred to Felician University where he is working toward a bachelor’s degree. Leary is a member of the Newton Rotary, Greater Newton Chamber of Commerce, Success by 6 and is a United Way of Northern NJ Local Operating board member. He resides in Sparta, N.J.

Karim Waheeb has been promoted to Vice President, Business Banking Officer, Small Business Sales. He will be based in Hackensack and will be primarily responsible for the Bergen County area and sections of Passaic County. He joined Lakeland in 2015 as a Vice President, Area Manager for the Teaneck and Englewood branches. Waheeb has a bachelor’s degree in business administration from University of Phoenix, and a New Jersey Life Insurance Producer License plus Series 6 and 63 Licenses for Securities and Investments. A member of the Teaneck Chamber of Commerce and Habitat for Humanity, Waheeb resides in Rochelle Park, N.J.

About Lakeland Bank
Lakeland Bank is the wholly-owned subsidiary of Lakeland Bancorp, Inc. (NASDAQ:LBAI), which has $4.7 billion in total assets. The Bank operates 53 New Jersey branch offices in Bergen, Essex, Morris, Ocean, Passaic, Somerset, Sussex, and Union counties; six New Jersey regional commercial lending centers in Bernardsville, Jackson, Montville, Newton, Teaneck and Waldwick; and two commercial loan production offices serving Middlesex and Monmouth counties in New Jersey and the Hudson Valley region of New York. Lakeland Bank offers an extensive suite of financial products and services for businesses and consumers. Visit LakelandBank.com for more information.

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