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 a Senior Managing Director and Group Director in its Commercial Banking division, a strategic hire aimed at bolstering the institution's growth in the Long Island and Tri-State Area markets. Based at the bank's Melville, New York location, Foran-Pinzon brings extensive banking experience, most recently serving as vice president and group director with Flagstar Bank. Her appointment is 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, indicating the bank's substantial scale and the importance of this leadership addition to its expansion strategy.

Foran-Pinzon's 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. Under her leadership, that group reached significant financial milestones, including a peak of $306 million in balances, $230 million in commitments, and $120 million in outstandings. This proven track record in portfolio growth positions her as a key asset for Peapack Private Bank & Trust, which, founded in 1921, is known for its client-centric approach and comprehensive banking solutions. Her role will involve supporting the bank's growth strategy, leveraging her expertise to enhance commercial banking services and market penetration in competitive regions.

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, where she worked closely with relationship managers, maintained portfolio quality, gathered financial information, and supported the underwriting process. Her academic credentials include a Bachelor of Science in Finance from Babson College, completed in three years, underscoring her efficiency and commitment to professional development. This appointment matters because it reflects Peapack Private Bank & Trust's focus on strengthening its leadership team with experienced professionals to navigate evolving financial landscapes and capitalize on growth opportunities in the New York City metro area and beyond.

The implications of this announcement extend beyond a routine hiring, as Foran-Pinzon's expertise in commercial banking and portfolio management could drive increased market share and financial performance for Peapack Private Bank & Trust. In a competitive banking environment, her ability to establish and grow financial centers, as evidenced by her work at Signature Bank, suggests potential for enhanced service offerings and client acquisition. For more information on Peapack Private Bank & Trust, visit https://www.peapackprivate.com. This move aligns with broader trends in the financial sector where institutions are investing in top talent to bolster regional operations and adapt to economic shifts, making it a noteworthy development for stakeholders and the local business community.