Oak Ridge, N.J. – September 16, 2021 – Thomas J. Shara, President and CEO of Lakeland Bank, is pleased to announce the following appointment.
Mandar Soman has been hired as Senior Vice President, Operational Risk Manager based in Oak Ridge, N.J. Soman will be responsible for leading the Bank’s new Operational Risk Management function. With more than 15 years of industry experience, he was most recently Vice President of Enterprise Risk Management at Banco Santander in New York, N.Y. and a Risk Manager at MarketAxess in New York, N.Y. Soman earned a Master of Science in finance from Louisiana State University. He supports Tires Against Tumors – To End Pediatric Tumors.
About Lakeland Bank
Lakeland Bank is the wholly-owned subsidiary of Lakeland Bancorp, Inc. (NASDAQ:LBAI), which has over $7.7 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 New Jersey's #1 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.