Webster Bank Promotes Massiani to President, Motl to Senior EVP

Webster Bank promoted Luis Massiani to senior executive vice president and appointed him president of the bank, while promoting Chris Motl to senior executive vice president.

Massiani will also continue in his role as chief operating officer, which he took over in January 2022 in connection with the completion of the merger of equals between Webster Bank’s holding company, Webster Financial, and Sterling Bancorp. In his role, he oversees bank operations, technology, retail and digital banking and corporate strategy.

Massiani joined Sterling in 2012 and served as CFO before becoming bank president in 2020. In 2021, he assumed additional responsibilities as chief operating officer of Sterling National Bank.

In addition to his promotion, Motl will continue to lead all of Webster’s commercial banking verticals, including commercial real estate, commercial and industrial, sponsor and specialty finance, equipment finance, asset-based lending, treasury management, middle-market, business banking and private banking groups, as president of commercial banking.

Motl joined Webster in 2004 as the co-founder of the company’s sponsor and specialty finance group. He was promoted to Executive Vice President in 2018 and is responsible for leading the continued expansion of the bank’s commercial banking activities. His role further expanded in 2020 with the alignment of business banking into the commercial banking line of business.

“I am pleased to elevate these two exemplary leaders and recognize their outstanding contributions to the company,” John R. Ciulla, president and CEO of Webster Financial and CEO of Webster Bank, said. “Luis and Chris continue to demonstrate values-driven leadership and high performance that differentiates Webster in the marketplace.”

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