Oak Ridge, N.J. – March 8, 2021 – Thomas J. Shara, President and CEO of Lakeland Bank, is pleased to announce the appointment of Justin Delle Donne and Divya Sheel to the Bank’s newly formed Insurance Lending Team.
“We are excited to have a new team in place to be a resource for both personal and business opportunities and provide lines of credit collateralized by the cash surrender value of a whole life insurance policy,” said Shara. “Justin and Divya have extensive experience in this unique field and we look forward to entering into new markets with these innovative products and services to grow this segment of Lakeland’s lending services.”
Justin Delle Donne has been hired as Vice President and Team Leader of the Insurance Lending team based in Bernardsville, N.J. Delle Donne will be responsible for leading the Insurance Lending group by establishing lines of credit collateralized by whole life insurance policies on a nationwide scale. With more than 10 years of industry experience, he was most recently Vice President and Team Leader for the Insurance Lending Team at Investors Bank in Short Hills, N.J. Delle Donne earned a Bachelor of Science degree in business management at Kean University.
Divya Sheel has been hired as Assistant Vice President, Relationship Manager of the Insurance Lending Team based in Bernardsville, N.J. Sheel was most recently Assistant Vice President, Portfolio Manager for the Insurance Lending Team at Investors Bank in Short Hills, N.J. where she played a central role in growing the portfolio substantially. She attended Montclair State University for her undergraduate studies and holds a Master of Business Administration with a concentration in marketing from Thomas Edison State University. Sheel volunteers at Children’s Specialized Hospitals.
About Lakeland Bank
Lakeland Bank is the wholly-owned subsidiary of Lakeland Bancorp, Inc. (NASDAQ:LBAI), which has over $7.6 billion in total assets. With an extensive branch network and commercial lending centers throughout New Jersey and Highland Mills, N.Y., the Bank offers business and retail banking products and services. Business services include commercial loans and lines of credit, commercial real estate loans, loans for healthcare services, asset based lending, equipment financing, small business loans and lines, and cash management services. Consumer services include online and mobile banking, home equity loans and lines, mortgage options and wealth management solutions. Lakeland is proud to be recognized as a Best-In-State Bank by Forbes and Statista, rated a 5-Star Bank by Bauer Financial and named one of New Jersey’s 50 Fastest Growing Companies by NJBIZ. Visit LakelandBank.com for more information.