IDB BANK ANNOUNCES DANIEL ROBERTS AS NEW CHIEF RISK OFFICER

Roberts will bring more than three decades of leadership experience in the financial sector to the IDB.

NEW YORK, June 16, 2022 /PRNewswire/ — IDB Bank, a New Yorkprivate and commercial bank, announced the appointment of Daniel Robert as the new Chief Risk Officer (CRO). In his role, Roberts will be responsible for overseeing and maintaining the Bank’s ability to identify, measure and manage financial and operational risks. He will report to Ziv BironPresident and CEO of IDB Bank.

“I am delighted to have Daniel join our management team,” said the President and CEO of IDB Bank. Ziv Biron. “Daniel shares our IDB values ​​and brings a wealth of experience and strong leadership. He will play a vital role as a member of our management team as we continue to grow our bank and execute our long-term growth strategy.”

Roberts is a seasoned executive with over three decades of banking experience and risk management expertise. He joins the IDB from People’s United, where he spent the past nine years as CRO and Chief Audit Executive (CAE), leading all audit and risk functions as the bank grew from $25 billion to end $60 billion in assets. Prior to joining People’s United, Daniel spent over 25 years at Citigroup, where he held several leadership positions in their risk and audit divisions.

“It’s an exciting time for IDB Bank, and I’m delighted to be part of the team,” said Roberts. “I am impressed with the strategic direction and vision set by the management team to seamlessly bring innovative technology and expertise to investors. A strong risk culture is an important factor in enabling companies to achieve their strategic growth objectives.”

Roberts graduated from Gettysburg Collegewhere he earned his Bachelor of Science in Accounting.

About Israel Discount Bank New York (“IDBNY” or “IDB Bank”)
The IDB Bank is a New York State-chartered commercial bank, member of the FDIC and wholly owned subsidiary of Israel Discount Bank LTD., one of Israel’s major banks. In addition to his manhattan head office and branches in Brooklyn, New York, Staten Island, New York and Short Hills, New Jerseythe Bank has other full-service branches in South Florida and Southern California. The Bank offers a full range of private banking and commercial banking services to US and international clients.

For 70 years, IDB Bank has built its business by fostering close relationships with its customers, rapid decision-making and the ability to develop tailor-made solutions for its national and international clientele. To learn more about IDB Bank, visit www.idbny.com

IDB Bank is a registered service mark of Israel Discount Bank of New York. FDIC MEMBER.

SOURCE IDB Bank