Peapack-Gladstone Financial Corp. and Peapack Private Bank & Trust announced that Alex Lurye has joined the Bank’s New York-based commercial banking team as Senior Managing Director.

With more than 23 years of experience in commercial lending across New York, Westchester and Long Island, Lurye brings a wealth of expertise and leadership to Peapack Private. Most recently, he served as Senior Credit Officer of NYC Lending at Valley National Bank, where he oversaw multiple underwriting teams managing a portfolio of $4 billion in commitments and $2.7 billion in outstandings.

Prior to that, Lurye held key leadership roles at Valley National Bank, including Division Head of NY Commercial Banking, where he directed group performance in budgeting, production, and portfolio management, and Team Leader of NY Commercial Banking, leading a team of relationship managers focused on driving growth in loans, deposits and fee income.

Earlier in his career, Lurye developed his credit and relationship banking skills through significant roles at Santander Bank and Wells Fargo, both based in New York.