Diane Galvin, left, becomes executive vice president and chief to staff, while Gregory Shaw becomes first senior vice president at Pentucket Bank.
Diane Galvin.
Two Pentucket Bank executives, delivering more than 60 years of combined experience, were recently promoted.
Diane Galvin, who has more than 40 years of banking experience and a 17-year tenure at the bank, was named executive vice president and chief to staff while continuing her role as chief operating officer. Gregory Shaw, who brings more than 23 years of banking experience—14 at Pentucket—adds the position of first senior vice president to his role of chief risk officer.
“In her expanded role, Diane will be responsible for coordinating business decisions and helping set priorities across all departments to keep the bank operating efficiently and effectively. Her strong knowledge of banking operations, procedures, compliance and risk make her our ‘go to’ manager as a central resource to ensure effective communications throughout the bank,” said Scott Cote, Pentucket Bank’s chairman and chief executive officer. He added Galvin continues to coordinate all board reporting, meetings and training as well as conduct the bank’s quality service activities and programs.
Gregory Shaw.
“Greg will be responsible for identifying the most effective and efficient ways to process and underwrite loans, allowing us to free up our lenders and branch managers to effectively support and grow our customer relationships. He is someone who can be counted on to handle various projects simultaneously and always delivers a great end result,” said President Chuck Walker. Shaw will be in charge of all loan policy, procedures and underwriting and continue to be responsible for the bank’s compliance management system, regulatory examinations, audit, enterprise risk management, credit administration and loan review, allowance for loan loss reserve, facilities/purchasing and security.
Established in 1891, Pentucket Bank is a mutually-owned community bank with assets of $650 million and branches in Haverhill and North Andover, Mass., and Salem and Hampstead, N.H.