- Solomon Ponniah appointed as Senior Vice President and Group Leader at Dime Community Bancshares (DCOM, Financial).
- This strategic hire aligns with Dime's expansion plans in the NYC metro area.
- Ponniah brings over 15 years of experience in commercial lending.
Dime Community Bancshares, Inc. (DCOM), the parent company of Dime Community Bank, has announced the hiring of Solomon Ponniah as Senior Vice President and Group Leader. Ponniah, who joins from Popular Bank where he served as Director of Business Banking, brings with him over 15 years of experience in commercial lending. His appointment is a strategic move to strengthen Dime's commercial lending division as part of their ongoing expansion plans in the NYC metropolitan area.
Stuart H. Lubow, President and CEO of Dime, emphasized the significance of Ponniah's hiring, stating that it supports the bank's growth objectives in the region. "Hiring Solomon to our Commercial Lending division is consistent with our stated goal of growing our presence in the NYC metro area. Solomon is a well-regarded banker and bringing him on board is a solid win for Dime," said Lubow.
Solomon Ponniah expressed his enthusiasm about joining Dime, highlighting the bank's rapid customer response, flat organizational structure, and promising growth trajectory as key factors in his decision. The addition of Ponniah is expected to bolster Dime's efforts in expanding their market share and enhancing their commercial lending capabilities.
