Alma Bank in Astoria, N.Y., said Friday that George Katsiaunis will become its president.

Katsiaunis is to succeed Luis Rebatta, who has been president of the $497.2 million-asset bank since it opened in 2007. The bank did not say if Rebatta had any future plans.

In addition to being having responsibility for the bank's daily operations, Katsiaunis will also work with the board and senior management on long-term strategic planning.

The $497.2 million-asset bank, which caters largely to New York's Greek-American community, has nine branches and is planning to open an office in Tenafly, N.J., this year.

In a press release, Alma said that Katsiaunis brings more than 25 years of experience in banking, finance and management.

Katsiaunis previously was an executive vice president and the chief banking officer at the $838.3 million-asset Marathon National Bank of New York, also based in Astoria.

Katsiaunis' "experience and knowledge of the marketplace make him a significant asset for our bank," Kirk Karabelas, Alma's chairman, said in a press release.

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