Olney, MD, July 12, 2018 — Sandy Spring Bank (NASDAQ: SASR) announced today that Kevin Slane has joined the company as Executive Vice President and Chief Risk Officer. This is a newly created position at the bank and an addition to the bank’s executive management team. Slane will lead the continued development of the bank’s risk management program and will focus on safely enabling business strategies to drive Sandy Spring Bank’s long-term success.
“As we continue to expand our presence throughout the region, we want to ensure that we are well positioned to seize new opportunities to grow and better serve our clients. In order to do so, we must manage risk in a way that aligns with our vision and culture,” said Daniel J. Schrider, President and CEO of Sandy Spring Bank. “This is a strategic and proactive investment in our risk management structure, and I look forward to working with Kevin to further strengthen this critical capability.”
With more than 30 years of experience, Slane is an accomplished financial services executive. He joins Sandy Spring Bank from Hancock Whitney Bank in the Gulf South where he was responsible for enterprise risk management and operational risk. Prior to that position, Slane was the corporate risk director for First Horizon Corporation in Memphis, TN.
“Sandy Spring Bank is a purpose driven and values based organization that is truly client and community focused. It is what differentiates our company and what attracted me to join the bank,” said Slane. “I am excited to be a part of the team and to further develop a risk management program that will enable growth and build on the bank’s 150 year legacy of serving individuals, families and businesses across this region.”
Earlier this year Sandy Spring Bank completed the acquisition of WashingtonFirst Bank, making it the largest, locally-headquartered community bank in the Greater Washington Region. This year also marks the bank’s 150th anniversary. In recognition of this milestone, the bank officially launched the Sandy Spring Bank Foundation. “This is an exciting and pivotal time for us, so it is fitting that we continue to build on this positive momentum and welcome Kevin to the Sandy Spring Bank family,” concluded Schrider.
Sandy Spring Bancorp, Inc., headquartered in Olney, Maryland, is the holding company for Sandy Spring Bank. Independent and community-oriented, Sandy Spring Bank offers a broad range of commercial banking, retail banking, mortgage and trust services throughout central Maryland, Northern Virginia, and the greater Washington, D.C. market. Through its subsidiaries, Sandy Spring Insurance Corporation and West Financial Services, Inc., Sandy Spring Bank also offers a comprehensive menu of insurance and wealth management services.