NYCB’s president, CEO to take on additional role

NYCB's president, CEO to take on additional role

Read more: NYCB to sell $5bn in warehouse mortgage loans to JPMorgan

“He will continue to support Mr. Otting and the rest of the senior executive leadership team as they continue to turn the bank around following the March 2024 capital raise,” the company said of DiNello’s advisory role.

Otting, the former head of OneWest Bank and past US Comptroller of the Currency, took over as NYCB’s president and CEO on April 1.

His chairmanship caps a series of major leadership changes at the regional banking giant, which also recently named new executives, including Craig Gifford as chief financial officer, Bao Nguyen as general counsel, Scott Shepherd as head of commercial real estate lending, and James Simons as a special advisor to Otting.

“Their collective expertise and deep industry knowledge will be instrumental in driving our strategic initiatives forward and solidifying our position as a leading regional bank,” Otting said of the new executive hires.

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