Brooklyn Daily Eagle
Investors Bank has appointed Brendan J. Dugan, president of St. Francis College in Brooklyn, to the Bank’s board of directors. Dugan will immediately join the board, which has been expanded to 11 directors.
In announcing the appointment, Investors Bank CEO Kevin Cummings said, “Brendan brings to our board an impressive set of skills, wisdom and foresight which he developed over a lifetime as a leader of several large banking companies and an institute of higher learning. He is also deeply committed to serving many New York City communities through his leadership in the nonprofit sector, business associations and organizations that shape government policies.”
Before taking on the role of president of St. Francis College, Dugan held senior executive positions at commercial banks during his 40-year career in banking. He completed his banking career as chairman and CEO of Sovereign Bank’s Metro New York and New Jersey Division. Dugan joined Sovereign as it acquired Independence Bank, where he served as a senior executive from 2003.
Prior to joining Independence, Dugan held a number of senior banking positions. He was chief operating officer of Citibank Commercial Markets (2001-2003), president of European American Bank (1991-2001), and president and CEO of NatWest USA (1974-1991).
In addition, Dugan is actively involved in the community. Currently, he is board member of the Brooklyn Academy of Music, the Brooklyn Chamber of Commerce, the Downtown Partnership, the Commission of Independent Colleges and Universities, and the Futures in Education Endowment Fund. He also serves on the Finance Council of the Roman Catholic Diocese of Brooklyn.
Investors Bank, headquartered in Short Hills, N.J., is a full-service community bank that has 22 branches in New York City and on Long Island and over 80 in New Jersey.