Peapack-Gladstone Financial Corporation and its division Peapack Private have announced the appointment of Vanessa Tortorice as Senior Managing Director at their New York City location, a move designed to strengthen the company's commercial and industrial business growth in the competitive New York market. Tortorice brings over 12 years of experience in the financial services sector, with a proven track record of client-focused banking solutions that align with Peapack Private's mission to help clients achieve their long-term financial goals.
Before joining Peapack Private, Tortorice excelled as Vice President and Senior Business Banker at M&T Bank, where she managed a portfolio of high-net-worth clients and contributed significantly to revenue growth through exceptional relationship management. Her previous role at Capital One as Vice President of Business Banking saw her surpassing net portfolio loan and deposit growth targets, ranking her in the top 10% nationally. Tortorice's educational background, with studies at the University of Rome and the College of Staten Island CUNY, adds a global perspective to her professional expertise.
This strategic hire comes as Peapack-Gladstone Financial Corporation reports a strong financial position, with total assets of $6.51 billion and assets under management and/or administration of $11.5 billion as of June 30, 2024. The company, through its Peapack Private division, is well-positioned to expand its offerings in the New York market, catering to the growing demand for personalized banking services among high-net-worth individuals and businesses.
Tortorice's appointment is a clear indication of Peapack Private's commitment to leveraging seasoned professionals' expertise to navigate the evolving financial landscape. Her ability to deliver tailored financial solutions is expected to play a pivotal role in the firm's strategy to enhance its market share in New York City, reinforcing its reputation for client-centric banking and wealth management services.
