Dime announces new president, executive VP
Stuart H. Lubow and John Romano Photos courtesy of Dime Community Bank
TIMESLEDGER | QNS.COM | JUNE 19-25, 2020 15
BY QNS STAFF
Dime Community Bank announced
the promotion of two
executives last week.
Stuart H. Lubow, the former
chief banking officer, has
been promoted to president,
and John Romano has been
promoted to serve as Dime’s
executive vice president and
chief retail officer.
Lubow, who has been a
banking executive for more
than 40 years, joined Dime in
2017 as a senior executive vice
president and head of Business
Banking. In addition, he
served as an executive with
Community National Bank,
Community State Bank, Garden
State Bank, Dollar Dry
Dock Bank and People’s Bank.
Romano also joined Dime
in 2017 and has also had a
lengthy career in community
banking. He’s worked as
an executive at First Central
Savings Bank, Amalgamated
Bank, People’s United Bank,
Bank of Smithtown and Astoria
Federal Savings.
“In the past three years
and under John’s direction,
Business Banking has grown
into a strong and critical part
of the Bank,” Lubow said of
Romano’s promotion. “With
retail and business banking,
along with operations, under
the same leadership, I look forward
to continued collaboration
and growth in these areas
in the future.”
“Stu’s promotion to president
recognizes his outstanding
leadership, customercentric
focus, enterprise-wide
vision, and our Business Banking
division’s strong performance
to-date,” said Kenneth
J. Mahon, the bank’s CEO. “In a
short span of time, under Stu’s
leadership, Dime has made
significant strides to become
a well-respected community
commercial bank. The Business
Banking division’s strong
loan and deposit growth has
enabled us to increase our core
net interest margin for six consecutive
quarters, diversify our
balance sheet and grow sources
of non-interest income.”
“Stu has contributed tremendously
to our long-term
goal of becoming the best business
bank in New York. I very
much look forward to working
closely with Stu in the years
ahead and creating value for
our customers, employees and
shareholders,” Mahon added.
Dime Community Bank
was founded in 1864. With
headquarters in Brooklyn, the
bank has 28 branches throughout
Queens, Brooklyn, the
Bronx and Long Island.
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