Amalgamated Bank in New York has given its president, Keith Mestrich, the additional title of chief executive.

Mestrich, who had been named president in April, succeeds Ed Grebow as leader of the $3.8 billion-asset bank. Grebow left as CEO in November after three years at the helm of the union-owned Amalgamated.

Before being named president, Mestrich had been the bank's chief of staff.

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