Wayne-based Valley National Bank said Thursday it elevated Thomas Iadanza to president. A 10-year veteran at Valley, Iadanza was most recently senior executive vice president, chief banking officer.
In this new role, Iadanza will oversee the bank’s day-to-day operations, including commercial banking, retail banking, digital products, credit, customer experience and financial services.
“Tom is an exceptional leader who has played an integral role in Valley’s growth,” said Ira Robbins, who will remain CEO. “As we continue to expand our capabilities, services and footprint, Tom will drive these efforts and ensure we maintain true to our culture of a relationship bank that delivers service-based results.”
“I am honored that Ira and the board have put their trust in me to help lead Valley forward,” Iadanaza stated. “During Ira’s tenure as president and CEO, we’ve grown from a bank with approximately $20 billion in assets to one approaching $50 billion with a focused growth plan in place. I am confident that we have the right people and vision to make Valley one of the premiere commercial banks in the country, and I couldn’t be more excited about our future.”