Customers Bank in Wyomissing, Pennsylvania, announced it elevated Andrew Bowman, to senior executive vice president and a member of the Office of the Chair. In January, he was named Chief Credit Officer, a role he continues to hold.
As a member of the Office of the Chair, Bowman will expand his responsibilities to work directly with the bank’s leaders, including Jay Sidhu, chairman; Richard Ehst, president and CEO; and others to guide Customers Bank’s short- and long-term credit strategies. Prior to January, Bowman served as Customers Bank’s deputy chief credit officer and has more than 30 years of credit industry experience spanning large and small banks, as well as in non-traditional credit markets.
“Andrew has proven to be a valuable asset and trusted advisor to our clients and the executive team,” said Sidhu. “I look forward to working more closely with Andrew in the future. His extensive market knowledge and broad credit experience will continue to be key differentiators that help us provide clients with the financial tools and resources they need to re-establish operations as the economy continues to reopen.”
Bowman leads a team of more than 50 financial professionals involved in credit underwriting, loan work-out, collections, appraisals, environment orders and reviews. He also serves as the chairperson for the bank’s various loan committees and is a member of the bank’s ALCO, allowance for loan loss, enterprise risk management and executive management committees.
Previously, Bowman served as the senior vice president and director of special loans at VIST Financial. He has also held various management and credit roles of increasing responsibility at Penske Truck Leasing and Wachovia Bank. During his career, Bowman has managed commercial loan portfolios ranging in value up to approximately $1 billion during some of the most turbulent market conditions.
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