Tuesday, August 16, 2022

M&T hires BofA exec as its chief digital officer

M&T Bank in Buffalo, N.Y., has hired an executive from Bank of America to become its chief digital officer. 

The $204 billion-asset M&T said in a press release Tuesday that Ishet Dhar will focus on the role digital plays in creating simple, differentiated experiences for clients and employees. He will report to Christopher Kay, M&T’s head of consumer/business banking. 

Dhar previously served as senior vice president of digital consumer delivery at Bank of America.

Dhar "will supercharge our digital transformation at M&T, driving new technology innovation and experiences for our customers and communities," Kay said in the release. "He will be focused on delivering value for our customers, while giving our bankers the tools they need to be a source of support and guidance in the communities where we live and work.” 

"My goal is to make it easier for customers across our communities to access the services and solutions they need — wherever, whenever they need them — to help them achieve their financial goals and make a difference in their lives," Dhar said. 

Dhar will be based in M&T's regional headquarters in Wilmington, Del.

No comments:

Post a Comment

Business First to raise $47M through stock offering

Business First Bancshares in Baton Rouge, La., plans to raise about $46.8 million from selling common stock.  The $5.5 billion-asset company...