Peapack Private Appoints Vanessa Tortorice as Senior Managing Director in New York

Peapack-Gladstone Financial Corporation and its division Peapack Private have announced the appointment of Vanessa Tortorice as Senior Managing Director at their New York City location. This strategic hire underscores the company's commitment to expanding its commercial and industrial business presence in the competitive New York market. Tortorice joins Peapack Private with an impressive 12-year tenure in the financial services sector, bringing a wealth of experience to her new role. Her appointment is expected to significantly contribute to the growth of the company's commercial banking operations in New York, offering tailored banking solutions to help clients achieve their long-term financial objectives.

Prior to joining Peapack Private, Tortorice held the position of Vice President and Senior Business Banker at M&T Bank, where she managed a portfolio of high-net-worth clients. Her expertise in relationship stewardship and cross-functional collaboration played a crucial role in driving revenue growth. Before her tenure at M&T Bank, Tortorice served as Vice President of Business Banking at Capital One, where she consistently exceeded targeted net portfolio loan and deposit growth objectives. Tortorice's track record of excellence is further evidenced by her ranking within the top 10% nationally during her time at Capital One. This achievement highlights her exceptional ability to acquire new clients, manage existing relationships, and forge new banking alliances – skills that will be invaluable in her new role at Peapack Private.

The addition of Tortorice to the Peapack Private team aligns with the company's client-centric approach to banking. Peapack-Gladstone Financial Corporation, with total assets of $6.51 billion and assets under management and/or administration of $11.5 billion as of June 30, 2024, has a long-standing reputation for providing high-quality products and innovative wealth management, investment banking, commercial, and retail solutions. Peapack Private, as a division of Peapack-Gladstone Bank, offers comprehensive financial, tax, fiduciary, and investment advice to individuals, families, privately held businesses, family offices, and not-for-profit organizations. The division's focus on helping clients establish, maintain, and expand their legacy complements Tortorice's expertise in managing high-net-worth portfolios.

This strategic hire comes at a time when personalized banking services for high-net-worth individuals and businesses are increasingly in demand. Tortorice's appointment is expected to enhance Peapack Private's ability to meet these sophisticated banking needs in the competitive New York market. As the financial services landscape continues to evolve, the expertise of seasoned professionals like Tortorice becomes increasingly valuable. Her addition to the team is likely to strengthen Peapack Private's position in the market and contribute to its ongoing growth and success. For more information about Peapack-Gladstone Bank and Peapack Private, interested parties can visit www.pgbank.com and www.peapackprivate.com.