WWW.QNS.COM RIDGEWOOD TIMES AUGUST 27, 2020 5
Queens resident promoted to
Ridgewood Savings Bank fi rst
vice president position
BY JASMINE PALMA
EDITORIAL@QNS.COM
@QNS
Ridgewood Savings Bank has
announced the retirement of
its senior vice president of technology
as well as the promotion of six
of its employees, including Cambria
Heights resident Annette Walsh, who
was named a fi rst vice president and
auditor.
“These recent promotions refl ect
the tremendous commitment of
our employees to ensure the bank
continues to serve as a stable and dependable
presence in the community,
while also continuing to grow and
add modern products and services
for our customers,” said Leonard
Stekol, chairman, president and CEO
of the bank.
Ridgewood Savings Bank, founded
in 1921, is a mutual savings bank with
an estimated $6 billion in assets and
35 branches located across the New
York metropolitan area.
The bank’s board of trustees established
the new corporate title of fi rst
vice president. The role was assumed
by both Walsh and James R. Jewett Jr.
of Bellmore.
As the other fi rst vice president and
chief investment offi cer, Jewett manages
the bank’s $1.2 billion investment
portfolio, and leads Ridgewood’s fi -
nancial planning unit and retirement
plan services department.
In her position, Walsh heads the
internal auditing team, wherein
the effi cacy of the bank’s internal
controls and compliance of policies,
procedures and regulations are
assessed.
Walsh initiated her career at Ridgewood
three decades ago, working as a
part-time teller while simultaneously
pursuing an undergraduate degree
from Queens College with a dual major
in accounting and economics.
Walsh then switched to the bank’s
audit department, in time ascending
the ranks to the head of the department.
She later received her master of
science in banking and fi nance from
Mercy College.
She is a certifi ed fi nancial services
auditor and has certifi cation from the
Institute of Internal Auditors in risk
management assurance.
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