Naugatuck Valley Financial Corp. (NVSL: Quote), the holding company for Naugatuck Valley Savings and Loan, announced that it has appointed Sharon Blanchette and Mark Graveline as Co-Interim President and Chief Executive Officer or CEO of both the company and the Bank effective immediately.
The company stated that both Blanchette Graveline are expected to serve in this capacity until a permanent President and Chief Executive is appointed.
Blanchette is Senior Vice President and Chief Risk Officer of the Bank, while Graveline is Senior Vice President and Chief Lending Officer of the Bank, the company said.
Commenting on Blanchette, Naugatuck said she joined the company in November 2011 and her primary responsibilities as Chief Risk Officer include overseeing Loan Review, Credit Administration, Appraisal Management, Compliance, Internal Audit, Security, and Regulatory Relations.
Graveline has more than 33 years of lending and community bank experience, including seven years at Naugatuck Valley where as Chief Lending Officer his primary responsibilities are the oversight and administration of commercial, consumer and residential lending functions as well as the loan servicing department, the company added.
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by RTT Staff Writer
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