Metropolitan Commercial Bank Promotes Doughtery to CFO

Metropolitan Bank Holding Corp., the parent company of Metropolitan Commercial Bank, promoted Daniel F. Dougherty to executive vice president and CFO. Dougherty assumed the role following the resignation of Greg Sigrist on Oct. 31. Dougherty will report directly to Mark R. DeFazio, president and CEO of the company. In his new capacity, Dougherty will oversee treasury, investor relations, tax, capital planning, accounting and financial reporting.

Dougherty is a charted financial analyst and joined Metropolitan Commercial Bank in July 2022 as first vice president and treasurer, bringing a 25 years of banking experience that included roles at local and national banks. His prior positions include executive vice president and treasurer at Investors Bank, senior vice president and treasurer at Astoria Bank, senior vice president and assistant treasurer at Israel Discount Bank of New York and portfolio manager roles at North Fork Bancorporation and GreenPoint Financial Corp.

“I am delighted that we were able to select our new CFO from within MCB’s talented team,” DeFazio said. “Mr. Dougherty possesses a proven track record in driving growth in asset/liability and liquidity management, and he is a skilled leader recognized for forging strategic alliances to align operational decisions with financial objectives.”

“I eagerly anticipate the opportunity to continue fostering our entrepreneurial spirit while advancing growth and shareholder value in line with MCB’s strategic initiatives,” Dougherty said.

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