Peapack-Gladstone Bank names SVP for capital subsidiary

By Lynda Cohen
Bedminster | Oct 19, 2017 at 10:53 am

Rich Johnston was named senior vice president of capital markets for Peapack Capital.

Peapack is a subsidiary of Bedminster’s Peapack-Gladstone Bank.

Johnston will be responsible for indirect originations of leasing and asset finance transactions from bank lessors, independent lessors, finance companies and intermediaries, in addition to all outbound syndications.

He has more than 25 years of leasing and structured finance expertise. Johnston was most recently director of syndications at Sumitomo-Mitsui Finance & Leasing, where he originated $108 million in new business volume in the past year.

Previously, while at Citizen Asset Finance, he originated $700 million in new business volume.

The Mountainside resident also served in capital market roles at AIG Commercial Asset Finance and Siemens Financial Services Inc., where he earned the President’s Club award for outstanding achievement on two occasions.

Peapack-Gladstone Bank has private banking locations in Bedminster, Morristown, Princeton and Teaneck.