Peapack Private Bank & Trust has appointed Nancy Foran-Pinzon as Senior Managing Director and Group Director in its Commercial Banking division, a strategic move aimed at accelerating growth in key regional markets. Foran-Pinzon will operate from the bank's Melville, New York location with specific responsibility for expanding the institution's presence in the Long Island and Tri-State Area markets. This appointment represents a significant investment in leadership talent as the bank seeks to capitalize on commercial banking opportunities in these competitive regions.
Foran-Pinzon brings substantial banking expertise to her new position, having most recently served as vice president and group director with Flagstar Bank. Her professional background includes notable achievements at Signature Bank, where she established the first Suffolk County PCG Group and Financial Center, demonstrating exceptional capability in strategic financial development. Under her leadership at Signature Bank, the group achieved remarkable financial performance, reaching peak balances of $306 million, commitments of $230 million, and outstandings of $120 million. These accomplishments highlight her proven ability to drive portfolio growth and manage substantial financial operations effectively.
Prior to her roles at Flagstar and Signature Bank, Foran-Pinzon held multiple positions at Fleet Bank, including vice president and portfolio manager for the contractor team. In this capacity, she collaborated closely with relationship managers, maintained portfolio quality standards, gathered essential financial information, and supported underwriting processes. Her educational background includes a Bachelor of Science degree in Finance from Babson College, which she completed in just three years, reflecting both academic efficiency and strong commitment to professional development. This combination of practical banking experience and formal financial education positions her well for the challenges of her new role at Peapack Private Bank & Trust.
The timing of this appointment is particularly significant for Peapack-Gladstone Financial Corporation, which reported $7.1 billion in total assets and $11.8 billion in assets under management and/or administration as of March 31, 2025. Founded in 1921, the institution has built its reputation on a client-centric approach and comprehensive banking solutions. Foran-Pinzon's extensive commercial banking background and demonstrated success in portfolio growth make her a strategic addition to the bank's leadership team. Her appointment signals the bank's commitment to strengthening its commercial banking division and expanding its financial services offerings in competitive regional markets. This leadership addition comes as financial institutions increasingly focus on experienced executives who can navigate complex market conditions while driving sustainable growth.
