Signature Bank Appoints 5 Private Client Banking Teams

Signature Bank (Nasdaq: SBNY), a New York-based, full-service commercial bank, announced today the appointment of five private client banking teams throughout the metropolitan New York area as well as a group director assigned to an existing team.

John Madigan was named Managing Group Director, leading a team of six, all of whom joined from Citibank. Madigan formerly was Managing Director for Long Island in the Emerging Corporates Group in Hauppauge, Long Island, N.Y., where he managed a large portfolio of business clients and a team of eight. He began his career there and went on to serve in various roles of increasing responsibility over three decades.

Joining Madigan’s team, based in Melville, Long Island, N.Y., are several professionals who were named Group Director and Senior Vice President. This includes Lou Bidalis, Keith Engley and Steven Schramm, all of whom served as Relationship Manager and Vice President in their most recent role at their prior institution. They have many decades of collective experience developing and overseeing commercial banking client relationships. Keith Novitz, also named Group Director and Senior Vice President at the Bank, most recently served as Senior Vice President of the commercial bank at his prior institution. He spent the majority of his 30-year career also developing and managing a corporate client portfolio. Vicky Moore joined the team as Senior Client Associate after having spent 20 years in various roles with her previous employer.

Tamra Postiglione, named Group Director and Senior Vice President, and Candice Singer, Associate Group Director and Vice President, both join Signature Bank’s private client banking office in Garden City, Long Island, N.Y. They worked together at M&T Bank in Melville where Postiglione was a Senior Vice President and Senior Relationship manager for 17 years, and Singer was Senior Vice President and Relationship Manager for nearly 10. Each bring nearly three decades of banking and financial services experience where they developed and managed a large portfolio of well-established middle-market and not-for-profit clients. Joining the team is Vanessa Amendola as Senior Client Associate. She too previously worked with the team, serving as Assistant Vice President, Portfolio Manager/Commercial Relationship Associate, at their former institution.

Leading another team in Garden City is Gary Raisig named Group Director and Senior Vice President. Supporting Raisig is Scott Achtziger also appointed Group Director and Senior Vice President. Both join from Capital One in Melville where they worked together for nearly a decade and were Directors and Senior Vice Presidents. Raisig brings 16 years of banking experience to his new role while Achtziger brings nearly 20. Raisig managed a portfolio of middle-market clients across diversified industries throughout Long Island and Queens. Achtziger covered a diverse portfolio of business banking clients across the metropolitan New York area. Signature Bank marks the third institution where Raisig and Achtziger work together.

Sergio Orellana and Jason Volges were each appointed Group Director and Senior Vice President, also based in the Garden City office. Orellana and Volges, who will co-head their new team, worked together for eight years at JPMorgan Chase & Co., in Melville, each serving as Commercial Banker and Vice President in the Middle Market and Specialized Industries segment at the institution. Orellana and Volges spent 17 and 15 years, respectively, there.

Based at the Bank’s Long Island City private client banking office in Queens, N.Y. are Usha Balrup and Namia Sultana-Ball. Each were named Group Director and Vice President, joining from Dime Community Bank where they previously worked together. Balrup, with 25 years of banking experience, was a Vice President and Private Banker for the New York City area where she provided solutions and services to both retail and business clients. Sultana-Ball brings a decade of banking and financial services expertise to her new role. Prior to joining the Bank, she was Vice President – Senior Private Banker at her former institution, where she serviced commercial real estate and commercial and industrial (C&I) clients throughout New York City.

Concurrent with the appointment of these new teams, Signature Bank also named Timothy Juliano Group Director and Senior Vice President, joining one of the Bank’s existing teams in Melville led by Group Director Thomas Rogers. Juliano also joins from Dime Community Bank in Melville where he was a Senior Vice President and Group Leader, managing a team of relationship managers within the middle market group. Juliano, a seasoned banker with 33 years of experience, brings deep experience in working with construction contractors, among other industries.

“We continue to emphasize our relationship-based banking model across our growing national banking enterprise. The success of this model is based on our proven abilities to attract veteran bankers who join as teams and serve as the united single point of contact for our clients. In the case of these New York-area teams, they have all worked together in the past and bring their cohesive relationships and extensive experience to Signature Bank. The addition of these highly experienced professionals allows us to expand our founding footprint throughout metro New York, where we initially planted our roots 21 years ago. We look forward to the client relationships these teams will forge and the contributions they will make,” said Joseph J. DePaolo, Co-founder, President and Chief Executive Officer at Signature Bank.

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