NEW YORK, June 13 /PRNewswire-FirstCall/ -- Sovereign Bank today
announced that John Campanioni has been named Metro Division Commercial
Banking Market President, with responsibility for business banking in the
New York metropolitan region, including all of New Jersey, New York City
and Long Island.
Thomas Iadanza, Commercial Banking President of the Metro NY-NJ
Division of Sovereign, said, "John brings nearly 40 years of commercial
banking experience and expertise in the metropolitan market to this post
and will be a strong leader for our experienced team of relationship
managers in New York and New Jersey."
Campanioni joined Sovereign Bank in April 2004 as Senior VP-Credit
Director/Business Banking-NJ. Previously he had held a series of senior
level positions at JP Morgan/Chase in the retail, credit and middle market
areas. Campanioni has a BA, cum laude, from St Peter's College, where he
studied accounting and business administration. Over the years he has been
active in many business and civic organizations, including, Commerce and
Industry Association of New Jersey, the Morris County Chamber of Commerce,
Garden State Credit Associates, Regional Business Partnership and Cancer
Care of New Jersey.
About Sovereign
Sovereign Bancorp, Inc., ("Sovereign") (NYSE: SOV), is the parent
company of Sovereign Bank, a financial institution with $82 billion in
assets as of March 31, 2007. Headquartered in Wyomissing, Pa. with
principal markets in the northeast United States, Sovereign has nearly 785
community banking offices, more than 2,300 ATMs and approximately 11,350
team members. Sovereign offers a broad array of financial services and
products including retail banking, business and corporate banking, cash
management, capital markets, wealth management and insurance. Sovereign is
the 18th largest banking institution in the United States. For more
information on Sovereign Bank, visit http://www.sovereignbank.com or call
1-877-SOV-BANK.
SOURCE Sovereign Bancorp, Inc.
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Related links: http://www.sovereignbank.com
CONTACT: Michael A. Armstrong, +1-347-563-9251, Cell +1-917-279-8437, marmstro@sovereignbank.com, or Ed Shultz, +1-610-378-6162, Cell +1-610-207-8753, eshultz1@sovereignbank.com, both of Sovereign Bancorp, Inc.
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