ROCKAWAY, N.J., July 18, 2016 (GLOBE NEWSWIRE) -- Anthony Labozzetta, President & Chief Executive Officer of Sussex Bank, announced the recent appointment of Sergio Musacchio to Executive Vice President/Chief Lending Officer. Mr. Musacchio will be responsible for the Commercial Lending Group. This will include but is not limited to the sales production, business strategy, customer experience, supervision and people development. He will also be responsible for implementing new lending products and ensuring that we maintain a strong credit culture.
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Mr. Musacchio is a career business banking professional with 15 years’ experience and a proven track record with managing successful segments of market managers, team leaders and commercial lenders. Prior to joining Sussex Bank, he spent the last 7 years at Santander Bank where most recently he was EVP, Business Banking Chief Operating Officer. In this role, he was responsible for leading and managing a staff of over 200 employees. This team was responsible for the quality execution of service delivery within business banking. This included managing the structure, staffing, policies and processes that support the business banking service model across all products and the oversight of credit underwriting operations.
“As our bank continues to grow in size and complexity, we are fortunate to have Sergio on our team. He brings strong leadership, team building, business banking experience and a proven track record of both sales and service execution. I have worked with Sergio in the past and he has always demonstrated a high level of character, professionalism and attention to both the internal and external customer experience. I am certain that Sergio will play a key role in helping us grow responsibly and continue to create value for our stakeholders,” said Anthony Labozzetta, President & Chief Executive Officer of Sussex Bank.
About Sussex Bancorp
Sussex Bancorp (NASDAQ:SBBX) is the holding company for Sussex Bank, which operates through its regional offices and corporate centers in Rockaway, Oradell and Wantage, New Jersey and through its eleven branch offices located in Andover, Augusta, Franklin, Hackettstown, Montague, Newton, Oradell, Sparta, Vernon and Wantage, New Jersey, and Astoria, New York; loan production offices in Oradell, Rockaway and Wantage, New Jersey, and Tri-State Insurance Agency, Inc., a full service insurance agency with locations in Augusta (Sussex County) and Oradell (Bergen County), New Jersey. For additional information, please visit the Company's website at www.sussexbank.com.
CONTACTS: Anthony Labozzetta, President and CEO Steven Fusco, Senior Executive Vice President / CFO Linda Kuipers, Corp. Secretary / Executive Assistant (844) 256-7328