Peapack Private Bank & Trust Appoints Nancy Foran-Pinzon as Senior Managing Director to Drive Commercial Banking Growth

Peapack Private Bank & Trust has appointed Nancy Foran-Pinzon as Senior Managing Director and Group Director in its Commercial Banking division, a strategic move aimed at accelerating the institution's growth in key regional markets. Foran-Pinzon will be based at the bank's Melville, New York location and will focus on expanding commercial banking operations throughout the Long Island and Tri-State Area. This appointment represents a significant investment in leadership talent as the bank seeks to enhance its market position and service capabilities in competitive financial markets.

Foran-Pinzon brings substantial banking expertise to her new position, having most recently served as vice president and group director with Flagstar Bank. Her professional background includes notable achievements at Signature Bank, where she established the first Suffolk County PCG Group and Financial Center, demonstrating her capacity for strategic financial development and market expansion. Under her leadership at Signature Bank, the group achieved impressive financial results, including peak balances of $306 million, commitments of $230 million, and outstandings of $120 million, showcasing her ability to drive substantial portfolio growth and financial performance.

Prior to her roles at Flagstar and Signature Bank, Foran-Pinzon held multiple positions at Fleet Bank, including vice president and portfolio manager for the contractor team. In this capacity, she collaborated closely with relationship managers, maintained portfolio quality standards, gathered comprehensive financial information, and supported underwriting processes. Her educational background includes a Bachelor of Science degree in Finance from Babson College, which she completed in just three years, reflecting her academic efficiency and commitment to professional development in the financial sector.

The timing of this appointment is particularly significant for Peapack-Gladstone Financial Corporation, which reported $7.1 billion in total assets and $11.8 billion in assets under management and/or administration as of March 31, 2025. The bank, established in 1921, has built its reputation on a client-centric approach and comprehensive banking solutions. Foran-Pinzon's extensive commercial banking experience and demonstrated success in portfolio growth position her as a valuable addition to the leadership team at Peapack Private Bank & Trust, potentially supporting the institution's continued expansion and enhancement of financial services offerings in competitive regional markets.

This strategic hire reflects broader trends in the banking industry where institutions are increasingly focusing on strengthening their commercial banking divisions to drive growth and market share. Foran-Pinzon's appointment signals Peapack Private Bank & Trust's commitment to expanding its commercial banking presence and leveraging experienced leadership to navigate complex financial markets. Her track record of establishing new banking groups and achieving significant financial milestones suggests she will play a crucial role in implementing the bank's growth strategy and enhancing its competitive position in the Tri-State Area banking landscape.