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Signature Bank appoints two private client banking teams


Signature Bank (Nasdaq: SBNY), a New York-based full-service commercial bank, has appointed two private client banking teams, taking the total number of teams in its network to more than 100.

Joseph Seibert has been named Group Director and Senior Vice President, leading a five-person team, along with Sarmen Saryan and David D’Amico, who were each appointed Group Directors and Vice Presidents. The team will be based at the Bank’s private client office at 485 Madison Avenue, in New York City.
Seibert brings 20-plus years of experience to his leadership role. Most recently, he served as Vice President and Market Sales Manager at Metropolitan Commercial Bank in Manhattan, where he worked with Saryan and D’Amico. Prior, he was Vice President and Sales Manager at Valley National Bank for eight years and Vice President and Banking Center Manager at Bank of America for eight years. Seibert specialises in serving companies engaged in digital asset banking and blockchain technology.
Saryan, with 15 years of banking experience, was formerly a Vice President and Relationship Manager at Metropolitan Commercial Bank for five years, where he focused on building and maintaining client banking relationships with venture capital and private equity firms, hedge funds, real estate companies, broker-dealers and fin-tech entities. Previously, he was a Relationship Manager at Santander Bank in Midtown Manhattan and Citizens Bank on Long Island.
D’Amico was a Relationship Manager at his former institution, primarily responsible for on-boarding and serving high-net-worth clients. His specialty also lies in digital asset banking. With a 12-year banking career that spans several commercial positions, previously, he was Branch Manager at TD Bank in Midtown Manhattan and Chase Bank on New York’s Lower East Side.
Also joining Seibert’s team is Theo Been as Senior Client Associate, who previously worked with Seibert, Saryan and D’Amico. Most recently, Been was a Customer Service Representative at Metropolitan Commercial Bank, where he handled account on-boarding and key aspects of account operations at the Park Avenue branch. Lance Bravin also joins the team as Relationship Manager. He spent five years in various banking roles including branch manager.
Signature Bank has also added a team headed by newly appointed Group Director and Senior Vice President Peter Clemente. His team will be based at the Bank’s Garden City, Long Island private client banking office.
Clemente has 30 years of banking experience. Most recently, he served as Senior Vice President, Group Head-Corporate Banking at Israel Discount Bank (IDB) in Melville. In this capacity, Clemente was charged with establishing the Long Island middle-market segment. He also was Vice President and Team Leader for Business Banking at Flushing Bank, directing that institution’s expansion into Long Island. Clemente spent more than a decade at HSBC Bank USA, NA in the Mid-Hudson Valley, Albany and New York City, in roles of increasing responsibility.
Joining Clemente is Maria Barone, Senior Client Associate. Barone, who spent nearly two decades in banking, worked with Clemente at IDB in her Assistant Vice President role. She focused on serving private clients and providing business development support.
“We are entering 2018 with the appointment of two private client banking teams who bring decades of talent and experience to Signature Bank. The veteran bankers leading each of these teams have dedicated their careers to commercial banking, and their expertise fits perfectly with our model. They also have experience in areas relevant to the fast-changing financial services landscape. As technology advances quickly throughout our industry, we believe this will prove beneficial to our clients and will also strengthen our abilities in continuing to meet their needs,” says Joseph J. DePaolo, President and Chief Executive Officer at Signature Bank.
“There is still enormous opportunity in the marketplace for Signature Bank to attract seasoned bankers, and we continue to work diligently and carefully to identify those whose experience will mesh well with our model. Both teams are eager to provide client-centric services through our single-point-of-contact structure, which sets the Bank apart not only with clients, but also amongst highly competent banking professionals like Joe, Peter and their team members. We welcome our new teams to Signature Bank and look forward to their contributions,” DePaolo says.

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