Valley National Taps Ex-PNC Exec as Information Chief

Valley National Bank in Wayne, N.J., has appointed a former PNC Financial Services Group executive to be its chief information officer.

The $21.6 billion-asset bank hired Robert Bardusch to lead its information technology strategies. He will be responsible for finding ways to improve Valley National's cost-effectiveness, service quality and business development, the bank said in a recent news release.

His predecessor retired in April, a bank spokesman said; he declined to give that person's name. Peter Jackey was listed as the former CIO in a Bloomberg business profile and in other online sources.

Bardusch's background in fintech "will be a key asset in positioning Valley as an innovator in banking technology as we seek to enhance our mobile offerings," Chief Operating Officer Peter Crocitto said in the release.

Previously Bardusch was the CIO of the $1.3 billion-asset MVB Bank in Fairmont, W.Va. Before that he worked at PNC for about 16 years in various technology roles, including serving as CIO from 2009 to 2014, according to his LinkedIn profile.

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