SHREWSBURY – Colonial American Bank (CAB) has announced the appointment of Lauren S. Bell to senior vice president and chief financial officer.
Bell succeeds Michael Malloy, who served as senior vice president and chief financial officer since April 2011 until his resignation last month.
“Lauren’s extensive experience in accounting and financial management has been a great asset to Colonial American Bank,” said Anthony Giordano III, president and chief executive officer. “Lauren brings both outstanding people skills and financial expertise to her new role, as she did for the three previous years as the bank’s controller. Her promotion to CFO was an easy choice given her track record and value to the bank.”
As the bank’s chief financial officer, Bell plans, implements and manages all financial-related activities. She is directly responsible for accounting, finance, strategic planning and financial-report preparation, as well as summaries and forecasts for future business growth. She oversees the accounting team and manages the day-to-day functions of the accounting, finance and human resource departments.
Bell received her B.S. degree in accounting from Monmouth University in 2002 and previously was employed by Central Jersey Bank, N.A. and KPMG LLC.
Colonial American Bank has branch locations in Middletown and Shrewsbury.
