Strategic Insights into Banking & Fintech

Dedham Savings in Mass. finalizes CEO succession

Dedham Institution for Savings in Dedham, Mass., has a new leader lined up.

The $2.5 billion-asset bank said in a press release that Victoria Kane will take on the role on Sept. 1. Kane, who is chief people officer, will succeed Peter Brown, who remains the bank’s CEO and chairman and CEO of its holding company.

Kane will succeed Brown as CEO when he retires on Dec. 31. Jim Dunphy will become the holding company’s CEO.

“Dedham Savings is rooted in our clients, communities, and our colleagues who contribute to our success every day,” Brown said in the release. “Victoria’s unique set of skills, her understanding of organizational dynamics, and business acumen make her the ideal person for this important role.”

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