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November 26, 2024

Source: Webster Bank

Webster Bank is pleased to announce that Adam Hoffman has joined Webster as executive managing director, Head of Treasury Management. Hoffman is responsible for leading all facets of Treasury Management and Commercial Card, including Sales, Client Delivery and Product Management.

Most recently, Hoffman served as executive vice president and Head of Treasury Solutions for BankUnited, overseeing Treasury Management sales, product, implementations, service and operations, as well as bank wide responsibility for all card products. He has more than 30 years of experience in all phases of treasury management including positions at JPMorgan Chase, Citibank, Capital One, BankUnited, and various financial technology companies.

“Adam has a wealth of valuable experience, energy and creativity that he brings to this position,” said Chris Motl, President of Commercial Banking at Webster Bank. “We are excited that Adam has joined our group in this important role, and I’m confident that his leadership will be instrumental to advancing our Treasury Management capabilities and positioning Webster for continued growth.”

Hoffman earned a bachelor’s degree in chemistry from Lehigh University and an MBA from Columbia University. He currently holds 14 patents in the payments and e-commerce space and is a member of several advisory groups focused on the latest developments in the banking industry.

About Webster

Webster Bank (“Webster”) is a leading commercial bank in the Northeast that provides a wide range of digital and traditional financial solutions across three differentiated lines of business: Commercial Banking, Consumer Banking and Healthcare Financial Services, one of the country’s largest providers of employee benefits and administration of medical insurance claim settlements solutions. Webster is a values-driven organization headquartered in Stamford, CT, with $77 billion in assets. Its core footprint spans the northeastern U.S. from New York to Massachusetts, with certain businesses operating in extended geographies. Webster Bank is a member of the FDIC and an equal housing lender. For more information about Webster, including past press releases and the latest annual report, visit the Webster website at www.websterbank.com.

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