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Peapack-Gladstone Bank’s Remo Recognized as NJBankers Rising Star

November 20, 2020, 06:00 AM
Filed Under: Banking News

Peapack-Gladstone Financial Corporation and Peapack-Gladstone Bank are proud to announce that NJBankers recently recognized Matthew Remo as a “Rising Star” of the New Jersey banking industry at its virtual awards ceremony held on November 5, 2020. The NJBankers Rising Star Award is granted to bankers, under the age of 40, to recognize their achievements in the Garden State banking industry. Award winners exhibit the characteristics of true leaders and are outstanding professionals, mentors, teachers and colleagues who support bank and industry initiatives. Remo has continuously exemplified strong leadership skills and professionalism throughout his career. Most recently during these unprecedented times, he played a vital role in the execution of the Bank’s Small Business Administration Paycheck Protection Program process, which resulted in the funding of approximately 2,300 loans for businesses in the Bank’s community, saving more than 50,000 jobs. Remo continues to lead the SBA PPP Forgiveness initiative, and his knowledge of regulatory and financial subjects makes him an instrumental part of the Bank’s leadership team.
Additionally, the Bank proudly announces the elevation of Mr. Remo to the position of director of strategy and development. In his new role, Remo is responsible for the development and formalization of the Company’s business strategy and identification of strategic objectives, priorities, and initiatives along with the development of data analytics/management information systems to measure and report progress. Remo also ensures capital and liquidity management, regulatory compliance, and credit and enterprise risk management objectives are aligned and synchronized with the Bank’s defined business strategies.  In addition, he continues to lead new product governance and serve on many of the Company’s committees.

Remo joined Peapack-Gladstone Bank in 2019 as vice president, senior enterprise risk officer. During his tenure at the Bank, Remo has worked across a wide range of risk management activities including capital and strategic planning, credit portfolio reviews, regulatory compliance, digital initiatives and new product governance.  He has also worked diligently with the Bank’s equipment finance team and made overall significant contributions to many areas of the Company.

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