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The Bancorp Expands Executive Leadership Team

March 12, 2019, 07:20 AM

The Bancorp, Inc. announced key additions to the company’s executive leadership team. The following individuals have distinguished themselves as leaders and significant contributors to the company and join other named Executive Officers and Managing Directors in providing strategic direction to the company:

  • Erika Caesar joined the bank in October 2017 as Managing Director, Assistant General Counsel, advising the company on a wide range of legal, regulatory, strategic and corporate governance items. She was recently appointed to also serve as Chief Diversity Officer where she leads the development and implementation of initiatives that advance the company’s commitment to maintaining a talented, diverse workforce and inclusive culture. Prior to joining The Bancorp, Caesar practiced law at a national law firm, where she represented parties in various corporate and commercial matters.
  • Gregor Garry, the company’s Chief Risk Officer (CRO), has also been appointed Deputy Chief Operating Officer. As the CRO, he is responsible for Enterprise Risk Management, Third Party Risk Management, Cyber Security and Regulatory Affairs functions. As Deputy COO, Garry assists the COO in leading several key divisions of the company, including Operations, Financial Crimes Risk Management and Consumer Compliance. Previously, he served as The Bancorp’s Chief Audit Executive, where he played a lead role in the remediation of regulatory issues and transitioning the company to a predominantly in-house internal audit operation.
  • Jennifer F. Terry serves as Managing Director, Chief Human Resources Officer of the company. Working out of the company’s Wilmington, DE, headquarters, she is responsible for the development and implementation of the strategic plan for all Human Resource operations to ensure a superior employee and candidate experience. Terry brings a successful track record spanning more than 20 years of human resources experience. She most recently served as TD Bank’s Vice President, Senior Manager of HR Operations and Delivery.
  • Maria Wainwright, who joined the company in 2013, was recently named Managing Director, Chief Marketing Officer. In her role, Wainwright leads the strategic planning, development and execution of all Marketing, Internal and External Communications, Branding and Investor Relations functions of the organization. She is responsible for partnering with the sales organizations to collaborate on driving growth by cost-effectively maximizing leads through market research, product strategy, marketing communications and public relations. Previously, Wainwright had various marketing roles in the financial industry, including Lincoln Financial Group, where she worked for 12 years.
  • Matt Wallace has served as Managing Director, Chief Information Officer of the company since his hire in July 2017. He plays a critical role in overseeing strategies and capabilities for all areas of Information Technology across the enterprise. Additionally, he leads the Enterprise Project Management Office advising The Bancorp’s strategic initiatives from start to finish. Prior to joining The Bancorp, Wallace was with Bank of America for 13 years, where he most recently served as Senior Vice President within the Card Division. There, he was responsible for 300 information technology and operations professionals across the United States, Europe and Asia.

Additionally, transitions were implemented among two current members of the Executive Leadership Team.

  • John Leto, who joined the company in July 2016 as Chief Administrative Officer, now serves as Executive Vice President and Head of Institutional Banking. Leto is uniquely positioned to manage the strategic needs of the company’s Institutional Banking business as most of his career was spent in leadership roles at some of the most notable wealth management organizations. Prior to joining The Bancorp, he served as President and CEO of Standard Chartered Private Bank for the Americas, as well as Head of National Sales of Wealth Management at TD Bank in the US.
  • Jeff Nager has expanded his role and is now Executive Vice President and Head of Commercial Lending.  In his new role, Nager will continue to lead the Small Business Lending division but will also oversee the Commercial Fleet Leasing division. With more than 25 years of experience in Small Business Administration (SBA)/Small Business Lending, he most recently led the SBA Lending team at SunTrust Bank. Previously, he held SBA-focused leadership positions at Wells Fargo, Community South Bank and several other national SBA Lenders throughout his career.

“These talented individuals provide leadership skill that cultivates a high-performing corporate environment,” said Damian Kozlowski, Chief Executive Officer and President. “Together with our existing members of the Executive Leadership Team, they are responsible for the collective management of our operating activities and strategic plans. Each officer brings deep expertise, long experience and incredible vision and enthusiasm for our business. I believe these changes will help strengthen and guide us to a very exciting future focused on innovation and excellence.”

The company’s specialized lending distinctions include National Preferred SBA Lender, a leading provider of securities-backed lines of credit and one of the few bank-owned commercial vehicle leasing groups in the nation.

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