Washington Trust Bancorp in Westerly, R.I., will have a new president in 2023.
The $6.4 billion-asset company said in a press release that Mark Gim will retire and president and chief operating officer at its annual meeting in April. Gim was recently appointed to join Washington Trust’s board.
Mary Noons, the company’s chief retail lending officer, will succeed Gim as president and COO.
The board “is extremely grateful for Mark’s contributions to our corporation and the community,” Kathleen McKeough, Washington Trust’s lead director, said in the release. “Mark’s strategic vision enabled Washington Trust to successfully expand our market presence.”
“Mary has played a key role in the Washington Trust’s record mortgage origination, revenue growth and regional expansion, which has contributed significantly to the corporation’s continued growth, profitability and success,” Ned Handy, Washington Trust’s chairman and CEO, said in the release.
Washington Trust will conduct a search for a new chief retail lending officer.