Ciancimino, Pasqualone named to key spots on CRE lending team at Provident Bank

Paul Ciancimino and Jamie Pasqualone have joined the commercial real estate lending team at Provident Bank, the bank announced this week.

Ciancimino, of Montclair, was named senior vice president, regional director, for the metro New Jersey/New York region and will be responsible for new business development and the general oversight of all commercial real estate lending activities within this market.

In addition, Ciancimino also will manage a team of relationship managers and lending specialists tasked with growing the bank’s commercial real estate portfolio. Ciancimino has more than 20 years’ experience in financial services and most recently served as a vice president of commercial real estate for M&T Bank.

Pasqualone, of Kinnelon, will join as VP, relationship manager, for the metro New Jersey/New York region. He is responsible for originating, evaluating and structuring commercial real estate transactions, cross-selling bank products and increasing the bank’s visibility in the marketplace. He also will manage a portfolio of commercial real estate clients based in metro New Jersey/New York.

Pasqualone has more than 10 years’ experience in financial services and previously held the position of commercial real estate relationship manager at M&T.

“Paul and Jamie bring solid business development experience and extensive knowledge of the metro New Jersey/New York market to the team,” Walter Sierotko, Provident’s chief lending officer, said. “Their ability to understand the credit needs of real estate owners and developers will greatly enhance our efforts to grow Provident’s real estate lending portfolio.”