Forbright Adds Sigman and Quale

Forbright named Jim Sigman senior advisor and Matthew Quale president of digital banking. Sigman will focus on institutional counterparty relationships, growth opportunities and advise on corporate and securities matters. Quale will lead the creation of a new digital banking platform.

“Our unique commitment to decarbonization and sustainability, and strong institutional backing, continues to resonate with experienced and successful professionals,” John Delaney, founder and executive chairman of Forbright Bank, said. “Jim and I have had a nearly thirty-year professional relationship across multiple businesses and it’s an utter privilege to work with him again – we look forward to benefiting from his sage advice and insights. Matt joins us with decades of experience working at the highest levels of the intersection of consumer experience, technology and financial services – he will help us build a bank that delivers long term value for customers, shareholders and society.”

Sigman previously held the global head of capital markets and institutional client group role at Wells Fargo Bank. He oversaw the capital markets activities for high grade, high yield, leverage loans, and equity products including convertibles, SPACs and market issuance. He managed the bank’s largest counterparty relationships with asset managers, pension funds, endowments, hedge funds and private equity firms.

Quale joins from Texas Capital Bank, where he was executive vice president of consumer banking and marketing. Additionally, he served as president of Bask Bank, Texas Capital Bank’s direct-to-consumer digital bank. Prior to building and overseeing Bask, Quale served as the chief marketing officer of Brighthouse Financial, a consumer financial services business that was spun out of MetLife.

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