The Bancorp has ankled Damian Kozlowski as Chief Executive Officer of, President of The Bancorp Bank and a Director of the company and the bank, effective June 1st.
Kozlowski succeeds Interim Chief Executive Officer John C. Chrystal. Chrystal will remain a Director of both the company and the bank.
Kozlowski joins The Bancorp after having served, since 2010, as Chief Executive Officer, President, and Director of Modern Bank.
Previously, Mr. Kozlowski served as Chairman and Chief Executive Officer of Alpha Capital Financial Group, Inc. (2007-2010).
From 2000 to 2007, Mr. Kozlowski was responsible for developing The Citigroup Private Bank’s global growth strategy to significantly build position in the high net worth wealth management market.
At Citigroup Private Bank, Mr. Kozlowski managed 4500 employees in 98 offices in 31 countries; he served as Chief Executive Officer, Global Private Bank (2005-2007); President, US Private Bank (2002-2005); Chief Operating Officer and Chief Financial Officer (2001-2002); and Global Head of Business Development and Strategy (2000-2001).
Kozlowski also served as a member of Citigroup’s Operating and Management Committees, and was the ranking business leader on the Global Anti-Money Laundering Council. His prior experience includes positions held at Banc of America Securities, Marakon Associates, Rostra Holdings and US Trust, which have equipped him with deep expertise in private equity, wealth management, and investment banking.
With total assets of $4.379 billion, the company has over recent years strategically refocused its services to the payments industry as well as to a handful of highly specialized, lower-risk lending categories, including: Institutional Banking, Government Guaranteed Lending, Commercial Fleet Leasing and Commercial Mortgage-Backed Securitization. During this same time, the company has made significant capital investments in fortifying its operational infrastructure.
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