Peapack-Gladstone Financial and Peapack-Gladstone Bank promoted Matthew Remo to senior vice president and director of strategy and development for Peapack-Gladstone Bank.

In his current role, Remo is responsible for the development and formalization of the company’s business strategy, the identification of critical objectives and priorities, and the expansion of data analytics/management information systems to measure and report progress. Remo also is responsible for ensuring that the scope of enterprise risk management activities, including capital, liquidity and credit, aligns with the bank’s defined business strategies. Remo will continue to lead new markets and products governance and serve on many of the company’s committees.

Remo joined Peapack-Gladstone Bank in 2019 as vice president and senior enterprise risk officer and was promoted to the position of vice president and director of strategy development in October of 2020. During his tenure at the bank, Remo has made contributions across many areas, including capital and strategic planning, credit reviews, equipment finance, regulatory compliance, enterprise risk management, digital initiatives and new product governance. He also has served a role in the bank’s Paycheck Protection Program lending efforts.

Remo joined Peapack-Gladstone Bank after a 10-year career with the Federal Reserve Bank of New York. As senior examiner of large banking organizations, he specialized in capital and strategic planning, wealth management, asset-liability management and stress testing. Prior to that, he was supervisory manager of regional and community banks, where he managed safety and soundness examination teams and led technology design and implementation efforts across the Second District of the Federal Reserve Bank.

Remo holds a Safety and Soundness Examiner Commissioning with the Federal Reserve Board of Governors. In 2020, Remo was recognized by NJBankers as a “Rising Star” of the New Jersey banking industry.