Lakeland Bank Appoints Nigro to EVP, Chief Risk Officer
April 14, 2016
Oak Ridge, N.J. – April 14, 2016 – Thomas J. Shara, President and CEO of Lakeland Bank, is pleased to announce the following appointment.
James M. Nigro has been appointed to the newly created position of Executive Vice President, Chief Risk Officer based in Oak Ridge, N.J. Nigro has more than 30 years of industry experience most recently at The Provident Bank in Iselin as Senior Vice President, Credit Risk Manager. He began his banking career in October 1984 at Summit Bank in Berkeley Heights where he subsequently held various credit and lending positions in Chatham, Cranford, Dayton, and Bridgewater. Nigro ultimately advanced to Vice President, Regional Sales Manager, a position he held until June 2001 when he left Summit Bank to pursue opportunities with the former Somerset Hills Bank in Bernardsville as Executive Vice President, Chief Lending Officer. In May 2013, Lakeland acquired Somerset Hills Bank and Nigro stayed through December 2013. He graduated magna cum laude from Seton Hall University with a bachelor’s degree in finance, and was a member of Beta Gamma Sigma and the Financial Management Association. Nigro has served as a Director and Treasurer for Morris Habitat for Humanity since January 2013 and currently serves as Secretary for the Morris County Housing Alliance, an organization he has been active with since January 2010. He is also a member of the Risk Management Association and serves on a committee of the New Jersey Banker Association. Nigro is a resident of Mendham Township.
About Lakeland Bank
Lakeland Bank is the wholly-owned subsidiary of Lakeland Bancorp, Inc. (NASDAQ:LBAI), which has $4.2 billion in total assets. The Bank operates 53 New Jersey branch offices in Bergen, Essex, Morris, Passaic, Somerset, Sussex, Union and Warren counties; five New Jersey regional commercial lending centers in Bernardsville, Montville, Newton, Teaneck and Wyckoff/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.