Peapack-Gladstone Financial Corporation and Peapack-Gladstone Bank have announced the strategic appointment of Michael Anthony Guarino, Esq. as Senior Vice President and Attorney, a move that significantly bolsters the bank's legal and compliance framework. This decision is pivotal as the bank aims to solidify its footprint in the New York financial sector, a market known for its competitive and complex regulatory environment.
Mr. Guarino, with over 25 years of experience in the financial services industry, will be stationed at the bank's headquarters in Bedminster, New Jersey, and its new location at 300 Park Avenue, New York City. His role will primarily involve addressing legal matters emanating from the New York office and advising the bank's executive team on legal and policy issues. His extensive expertise in regulatory risk assessment, compliance management, and fraud investigations is expected to be a cornerstone in navigating the intricate legalities of the banking industry.
Before joining Peapack-Gladstone Bank, Mr. Guarino held significant positions at Metropolitan Commercial Bank, Israel Discount Bank of New York, and other prestigious institutions, where he honed his skills in legal and compliance functions. His educational credentials, including a Juris Doctor from Seton Hall Law School with a focus on Banking and International Law, coupled with his multilingual abilities, position him as a valuable asset to the bank's diverse clientele.
Mr. Guarino's appointment is especially timely for Peapack Private, the bank's division dedicated to offering tailored financial and investment advice. His legal expertise is anticipated to play a critical role in supporting the division's objectives of aiding clients in legacy establishment and expansion. With Peapack-Gladstone Bank managing $6.5 billion in total assets and $11.5 billion in assets under management, Mr. Guarino's contribution is set to enhance the bank's service offerings and compliance strategies, ensuring it remains at the forefront of the financial services industry.
