Five Star Bank Promotes Scott Bader to Chief Information Security Officer
24 July 2023 - 11:00PM
Financial Institutions, Inc. (NASDAQ: FISI) (the “Company”), parent
company of Five Star Bank, SDN Insurance Agency, LLC, and Courier
Capital, LLC, announced today that Scott Bader has been promoted to
Senior Vice President and Chief Information Security Officer
(“CISO”) of the Bank. In his role, Mr. Bader will be responsible
for the execution and evolution of the Bank’s comprehensive
information and cybersecurity program, as well as compliance with
statutory and regulatory requirements regarding information access,
security and privacy.
“Scott is an exceptional and proven leader who
I’m confident will help the Bank achieve its strategic goals while
ensuring customer and bank information is maintained in a highly
secure manner,” said Gary Pacos, Chief Risk Officer of Five Star
Bank. “Having led Five Star Bank’s technology function through
significant growth during the past 15 years, Scott has strong
technology experience, deep institutional knowledge and a keen
understanding of the sophisticated threats facing the financial
services industry today, all of which are key to supporting Five
Star Bank and its affiliates into the future.”
Since joining the Bank in 2008, Mr. Bader has
taken on steadily increasing responsibility in the information
security and technology functions. From 2010 to 2014, as Senior
Vice President and Information Security Officer and Technology
Services Manager, he led the launch of the Bank’s information
security program. Since 2014, he has served as Senior Vice
President and Technology Services Director and played an integral
role in the Bank’s digital transformation. Prior to joining Five
Star Bank, Mr. Bader worked in progressive technology roles at
retailer Chico’s FAS, Inc. Mr. Bader also served in the United
States Marine Corps from 1990 to 1994, working on an international
counterintelligence team.
Mr. Bader, who is based at the Company’s corporate headquarters
in Warsaw, N.Y., previously served as a board member of the United
Way of Eastern Orleans County and as a longtime volunteer coach
with Tri-County Youth Hockey. In addition, he is a past advisory
board member of the New York Bankers Association and in 2010 was
honored by the Rochester Business Journal as a 40 Under 40
recipient. Mr. Bader earned his Bachelor of Science degree in
Computer Information Systems from Florida Gulf Coast
University.
About Five Star Bank and Financial
Institutions, Inc.Financial Institutions, Inc. (NASDAQ:
FISI) is an innovative financial holding company with approximately
$6.0 billion in assets offering banking, insurance and wealth
management products and services through a network of subsidiaries.
Its Five Star Bank subsidiary provides consumer and commercial
banking and lending services to individuals, municipalities and
businesses throughout Western and Central New York and its
Mid-Atlantic commercial loan production office serves the Baltimore
and Washington, D.C. region. SDN Insurance Agency, LLC provides a
broad range of insurance services to personal and business clients,
while Courier Capital, LLC offers customized investment management,
financial planning and consulting services to individuals and
families, businesses, institutions, non-profits and retirement
plans. Learn more at five-starbank.com and FISI-investors.com.
For additional information
contact:Kate CroftDirector of Investor and External
Relations(716) 817-5159klcroft@five-starbank.com
A photo accompanying this announcement is available
at:https://www.globenewswire.com/NewsRoom/AttachmentNg/d4631cdc-4617-414d-a4dc-48e6890afd1d
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