A. Michael Smith has been appointed as the Senior Vice President, Chief Audit Executive at Peapack Private Bank & Trust, marking a significant step in the bank's strategy to bolster its internal audit capabilities and drive expansion. With over thirty years of experience in auditing, risk management, and technology, Smith brings a wealth of knowledge and a proven track record of innovation and excellence in the financial services sector.
Prior to joining Peapack, Smith made notable contributions as the Chief Audit Executive at Nasdaq, where he played a pivotal role in building a leading internal audit team and employing advanced technologies to manage large volumes of transactions across global markets. His career also includes a partnership at PwC, where he led internal audit transformation initiatives by integrating new technologies and innovative practices. Smith's extensive background, including leadership positions at major financial institutions and a partnership at Deloitte & Touche, highlights his deep expertise and leadership in the field.
Smith's influence extends beyond his professional roles; he is the author of Internal Audit of the Future: The Impact of Technology Innovation, a publication that explores how technology is reshaping the auditing profession. His innovative contributions to the field are further evidenced by a U.S. patent for a novel method of auditing crypto assets. A graduate of Baylor University with a Bachelor of Business Administration, Smith holds prestigious certifications, including Certified Public Accountant (CPA), Certified Information Systems Auditor (CISA), and Certified Information Systems Security Professional (CISSP).
Peapack-Gladstone Financial Corporation, the parent company of Peapack Private Bank & Trust, reported total assets of $7.1 billion and assets under management and/or administration of $11.8 billion as of March 31, 2025. Established in 1921, Peapack Private Bank & Trust is known for its client-centric approach, offering comprehensive wealth management, investment banking, and commercial and personal banking services. Smith's appointment is expected to further enhance the bank's reputation for excellence and innovation in the financial services industry.
