MOUNT LAUREL, N.J., Aug. 26, 2013 /PRNewswire/ -- Sun National Bank has named Imran Riaz Chief Credit Officer and Senior Vice President. Riaz will lead Sun's credit team and oversee the asset quality of the company's loan portfolio, which includes underwriting, credit, special assets, loan administration and loan policies.
Riaz joins Sun with 20 years of in-depth experience in all aspects of credit and commercial lending, including structured credit, asset-based lending and enhanced portfolio analysis. Prior to joining Sun, Riaz was Managing Senior Credit Officer at TD Bank, where he was responsible for managing asset quality and risk parameters for a $6 billion lending portfolio as well as directing specialty lending, portfolio analysis and compliance initiatives. He held progressively responsible leadership positions in credit administration and lending at TD Bank over the past 14 years. Riaz is a member of the Turnaround Management Association and Commercial Finance Association as well as a board member of the Boy Scouts of America of Western Massachusetts.
"We are pleased to welcome Imran to Sun and to have such an accomplished banking professional join our team," said Thomas X. Geisel, President and CEO, Sun National Bank. "Imran's extensive experience in credit, portfolio analysis and specialty lending, plus his knowledge of the regulatory and compliance environments, will contribute to our credit team's ongoing achievements. We are fortunate that, because of Sun's unique competitive advantage and corporate strategy, we continue to attract and retain the industry's most talented and effective professionals."
Riaz said, "I am delighted to join Sun and look forward to working with their skilled group of professionals, whose work has been instrumental in reinforcing the company's leadership position. Sun National Bank has a powerful market position and growth potential, and I am thrilled to have the opportunity to contribute to their continued success."
Sun Bancorp, Inc. (NASDAQ: SNBC) is a $3.21 billion asset bank holding company headquartered in Vineland, New Jersey, with its executive offices located in Mount Laurel, New Jersey. Its primary subsidiary is Sun National Bank, a full service commercial bank serving customers through 50-plus locations in New Jersey. Sun National Bank was named one of Forbes magazine's "Most Trustworthy Companies" for five years. Sun National Bank is an Equal Housing Lender and its deposits are insured up to the legal maximum by the Federal Deposit Insurance Corporation (FDIC). For more information about Sun National Bank and Sun Bancorp, Inc., visit www.sunnationalbank.com.
SOURCE Sun National Bank
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