- Dime Community Bancshares (DCOM, Financial) appoints Shawn Gines as Executive Vice President of Corporate and Specialty Finance.
- Gines will focus on expanding commercial lending and developing new specialty verticals to diversify Dime's balance sheet.
- CEO Stuart H. Lubow emphasizes the hiring as a strategic move in attracting top banking talent.
Dime Community Bancshares, Inc. (NASDAQ: DCOM) announced the appointment of Shawn Gines as Executive Vice President of Corporate and Specialty Finance. This strategic hiring is a significant milestone in Dime's growth strategy aimed at enhancing its commercial lending operations and diversifying its financial structure.
Based in Manhattan, Gines brings a wealth of experience from his previous roles, including his position as Regional President for the NYC and New Jersey Metro Markets at Webster Bank. His extensive background also includes senior positions at Sterling National Bank, GE Capital, and Bank of America.
CEO Stuart H. Lubow commented on the appointment, stating, "We are excited to announce the hiring of Shawn, who will be one of the cornerstones of our growth plans in the years ahead. Shawn is a very well-known and well-regarded banker with a strong track record. Dime continues to be the bank of choice for talented bankers."
In his new role, Gines will focus on expanding Dime's commercial lending businesses, increasing its corporate client base, overseeing the Fund Finance vertical, and creating new specialty verticals to diversify the bank's balance sheet. Senior Executive Vice President Tom Geisel noted that Gines' varied experience will significantly accelerate the bank's strategic execution.
