New England
Southern Connecticut Bancorp Inc. of New Haven said Michael M. Ciaburri would become the chief executive officer of the company and its $121 million-asset Bank of Southern Connecticut on July 1, a day after his father, Joseph V. Ciaburri, will resign from those jobs.
Michael Ciaburri has been the president and chief operating officer of the company and the bank since 2003. He will keep the president posts but give up the operating jobs to John H. Howland.
Mr. Howland, who will remain an executive vice president, has been the chief administrative officer of the company and the bank since 2005.
South Shore Savings Bank of South Weymouth, Mass., has promoted Brian Madden to senior lending officer.
Mr. Madden, who remains a vice president, was a residential loan officer. He joined the $915 million-asset unit of South Shore Bancorp MHC in 2002.
SoutheastAtlantic Coast Financial Corp. of Waycross, Ga., has hired Dawna Miller as the company's chief financial officer-designate and the CFO of its $838 million-asset Atlantic Coast Bank.
The company said its current CFO, Jon C. Parker Sr., would transition out of that job over the next several months and take on the role of chief administrative officer to provide himself "with the flexibility to deal with an ongoing illness."
Mr. Parker has been the CFO of the company since its organization four years ago and of its bank and its predecessors since 1999.
Ms. Miller was an independent business consultant in Jacksonville. Before that she was the controller and a vice president at National Americas Investment Inc., a unit of of National Australia Bank Ltd.
