Daily News: February 3, 2015

Amalgamated Announces New Senior Leadership

Amalgamated Bank expanded its business development team that will report to EVP Sam Brown, who joined the bank in December 2014. This roster of professionals will support Brown, a former senior official in the Obama Administration, as he expands the bank’s relationships with businesses, progressive nonprofits, unions and other clients.

In addition, former Amalgamated Bank Chief Operations Officer Barry Kipnis will be returning to Amalgamated to serve as the acting head of trusts. Kipnis had previously served as a VP at Morgan Stanley.

The team assembled will include these personnel in the following positions:

  • Molly Culhane, SVP, Political Banking – previously served as White House chief of operations services in the Office of Administration, as well as a senior financial official in President Obama’s re-election campaign and inaugural committee.
  • Greg Ifill, First VP, Labor Banking and Public Funds – joined Amalgamated Bank’s Trusts team in 2010 after service as sales director at BNY Mellon.
  • Maura Keaney, First VP, Non-Profit and Foundation Banking – previously served as executive director of External Affairs for the New York City Department of Education, as well as holding senior positions in Mayor Mike Bloomberg and Council Speaker Christine Quinn’s mayoral campaigns.
  • Bill Phillips, Consultant, Philanthropy – will help Amalgamated Bank serve high net worth clients. Phillips previously held senior sales positions at Merrill Lynch, Morgan Stanley and Citigroup.
  • The new business development team comprises senior leaders from a range of backgrounds, including finance, politics, and all levels of government.

    “This team will draw from some of the most qualified progressive professionals in their industries,” said Keith Mestrich, Amalgamated Bank president and CEO. “When we announced last year that we intended to grow our bank’s business development division, we knew it would require a team of this caliber to reach that goal. We’re excited that we’ve assembled a team of professionals with such diverse backgrounds, but one shared progressive vision.”