Customers Bank promoted Andrew Bowman to senior executive vice president and member of the office of the chair. In January, the bank named Bowman chief credit officer, a role he continues to hold. Bowman will rely on his front-end and back-end credit experience, as well as his experience helping clients navigate complex economic uncertainty, to share his perspective with the bank’s highest level of management.
As a member of the office of the chair, Bowman will expand his responsibilities to work directly with the bank’s leaders, including Jay Sidhu, chairman, and Richard Ehst, president and CEO, to guide Customers Bank’s short- and long-term credit strategies. Prior to January, Bowman served as Customers Bank’s deputy chief credit officer. He has more than 30 years of credit industry experience spanning large and small banks, as well as in non-traditional credit markets.
“Andrew has proven to be a valuable asset and trusted advisor to our clients and the executive team,” Sidhu said. “I look forward to working more closely with Andrew in the future. His extensive market knowledge and broad credit experience will continue to be key differentiators that help us provide clients with the financial tools and resources they need to re-establish operations as the economy continues to reopen.”
Bowman leads a team of more than 50 financial professionals involved in credit underwriting, loan work-out, collections, appraisals, environment orders and reviews. He also serves as the chairperson for the bank’s various loan committees and is a member of the bank’s ALCO, allowance for loan loss, enterprise risk management and executive management committees.
Previously, Bowman served as the senior vice president and director of special loans at VIST Financial. He has also held various management and credit roles of increasing responsibility at Penske Truck Leasing and Wachovia Bank. During his career, Bowman has managed commercial loan portfolios ranging in value up to approximately $1 billion.
Customers Bank, a subsidiary of Customers Bancorp, is a full-service super-community bank with assets of approximately $12 billion at March 31, 2019.
