Sterling in N.Y. taps insider as its new bank president

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Sterling Bancorp in Montebello, N.Y., has tapped an insider to a top post at its bank.

The company said in a press release Monday that it Luis Massiani had become president of Sterling National Bank. He succeeded Jack Kopnisky, who remains president and chief executive of the company and CEO of the bank.

Massiani, who will continue to serve as chief financial officer of the company and the bank, joined Sterling in 2012.

Massiani “has been an integral member of the executive team that has grown the company from a $3 billion asset-size community bank to a regional and national bank with $31 billion in assets over the past eight years,” Kopnisky said in the release.

Massiani has led Sterling through several major acquisitions, including Astoria Bank in 2017.

Before joining Sterling, Massiani was a director in the investment banking department of Credit Suisse Securities.

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