Washington-based Oritani Bank has named Kurt Breitenstein its new chief lending officer, following the retirement of current CLO Thomas Guinan.
The decision, announced last week, took effect Tuesday.
Breitenstein began at Oritani in 2016, but has over 25 years of experience in commercial lending, and held senior commercial loan officer positions at Sussex Bank, Valley National Bank and Greater Community Bank, among others in the area.
Kevin J. Lynch, chairman, CEO and president of Oritani Bank, said in an official statement: “We regret losing the valuable services of Tom Guinan, who has been a key member of the Oritani team for the last 14 years. Tom was instrumental in building our commercial real estate loan portfolio, and his knowledge and expertise has been a key component in the success of Oritani as a well-respected lender in the commercial real estate market. I wish Tom all the best in his retirement.”