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Eastern Bank Announces Leadership Changes Following Merger with Cambridge Trust

Author

Slice of Finance Team
09 Sep

Key Highlights:

  • Sujata Yadav appointed Chief Product Officer at Eastern Bank.

  • Jeffrey F. Smith named Executive Vice President, Wealth Management.

  • Danielle Remis Hackel becomes Executive Vice President, Chief Marketing Officer.

  • Kerri A. Mooney assumes role as Executive Vice President, Private Banking.

  • Leadership changes strengthen Eastern Bank’s focus on wealth management and private banking.

Source (Business Wire)

Notable Quotes:

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“The experience, insights and perspectives of Sujata Yadav, Jeff Smith, Danielle Remis Hackel, and Kerri Mooney will help drive our growth plans and commitment to clients.”

Bob Rivers, Executive Chair and Chair of the Board at Eastern Bank
❝

“We look forward to Sujata Yadav’s expertise as the bank’s first-ever Chief Product Officer to lead the emphasis on driving innovation and growth.”

Denis Sheahan, Chief Executive Officer at Eastern Bank

Our Take:

Eastern Bank's recent leadership appointments underscore its commitment to becoming a dominant player in wealth management and private banking. By integrating experienced leaders from Cambridge Trust, such as Jeffrey Smith and Danielle Remis Hackel, and appointing Sujata Yadav as the bank’s first Chief Product Officer, Eastern positions itself to accelerate growth through enhanced product development and client-focused strategies. These changes also reflect Eastern Bank’s broader vision of innovation and community-focused banking solutions.