Valley in N.J. taps insider as bank president

Valley National Bancorp in Wayne, N.J., has a new bank president. 

The $41 billion-asset Valley said in a press release Thursday that Thomas Iadanza will oversee the bank’s day-to-day operations, including commercial banking, retail banking, digital products, credit, customer experience and financial services.  

Iadanza recently served as chief banking officer. 

“Tom is an exceptional leader who has played an integral role in Valley’s growth,” Ira Robbins, Valley’s CEO, said in the release.

“As we continue to expand our capabilities, services and footprint, Tom will drive these efforts and ensure we maintain true to our culture of a relationship bank that delivers service-based results,” Robbins added.