ConnectOne names new president among series of appointments

ConnectOne Bancorp Inc., the parent of Englewood Cliffs-based ConnectOne Bank, announced a series of executive leadership appointments this week.

The moves include:

  • Elizabeth Magennis, executive vice president and chief lending officer, has been promoted to president;
  • Michael O’Malley, formerly an executive with OnDeck Capital Inc., has been hired as EVP and chief risk officer; and
  • Siya Vansia, a ConnectOne Bank executive, has been named senior VP and chief brand and innovation officer.

“I am proud of the caliber of our entire senior team, who each play a critical role in our ability to remain a people-first, modern financial services company,” Chairman and CEO Frank Sorrentino said in a prepared statement. “These new appointments reinforce our mission to build ‘a better place to be’ for our clients and will support our investments in the future of banking, including partnerships with leading fintech companies, our BoeFly subsidiary and the creation of a secondary digital banking brand.”

Magennis has been with the bank for 14 years, and will now oversee the growth and strategic direction of the bank, reporting to Sorrentino. She has also been appointed to the board of directors.

O’Malley was director of enterprise risk and strategic initiatives, and head of operational risk, with OnDeck. In his new role, he will be responsible for risk leadership and regulatory compliance.

Vansia has been with the bank for more than a decade, and will now guide the bank through its digital transformation, reflecting its ongoing commitment to technology.

Another nine employees were promoted to the title of SVP, the bank noted.