Dime Names New Corporate Treasurer
16 May 2023 - 9:30PM
Dime Community Bancshares, Inc. (the “Company” or “Dime”) (NASDAQ:
DCOM), the parent company of Dime Community Bank (the “Bank”),
announced today the promotion of Steven Karaman to Corporate
Treasurer.
Karaman will oversee all aspects of the Company's funding,
liquidity, investment portfolio and balance sheet strategy. He will
lead the Treasury team and help guide the Bank as it continues to
deliver competitive solutions for its clients.
“Steve has proven to be a strong leader and strategic
contributor to Dime’s finance team over the years,” said Avi Reddy,
Dime’s Chief Financial Officer. “We look forward to seeing his
impact expand in this new leadership role. His deep skills and
strategic approach will be strong assets to Dime as we continue to
position ourselves as the premier business bank on Greater Long
Island.”
Karaman has over 25 years of financial and treasury experience.
Most recently, Karaman was involved in all aspects of Dime’s stress
testing functions. Prior to joining the Company in 2017, he served
as Treasurer of Suffolk County National Bank. He earned a
bachelor's degree and an MBA in Banking and Finance from Hofstra
University.
ABOUT DIME COMMUNITY BANCSHARES, INC.Dime
Community Bancshares, Inc. is the holding company for Dime
Community Bank, a New York State-chartered trust company with over
$13.8 billion in assets and the number one deposit market share
among community banks on Greater Long Island (1).
Dime Community Bancshares, Inc.Investor
Relations Contact:Avinash ReddySenior Executive Vice President –
Chief Financial OfficerPhone: 718-782-6200; Ext.
5909Email: avinash.reddy@dime.com
(1) Aggregate deposit market share for Kings, Queens,
Nassau & Suffolk counties for community banks with less than
$20 billion in assets
Dime Community Bancshares (NASDAQ:DCOM)
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