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Cambridge Savings Promotes Ian Brandon to Chief Commercial Officer; Hume Elevated to Lead CRE Team

August 14, 2024
Cambridge Savings Bank, Waltham MA HQ

Waltham — Amid a period of strong growth, Cambridge Savings Bank (CSB) is strategically restructuring and promoting top talent from within, led by its commercial real estate group’s executive vice president, Ian Brandon being promoted to Executive Vice President, Chief Commercial Banking Officer (CCBO).

Brandon’s promotion comes after a more than 17-year tenure with CSB, where he most recently oversaw the strategic direction and management of the bank’s commercial real estate portfolio while serving as Head of Commercial Real Estate (CRE). In that capacity, Brandon was responsible for developing and executing business strategies to optimize loan growth and profitability. He was also charged with client relationship development, assessing credit risk, and ensuring regulatory compliance within the CRE sector.

Reporting directly to the bank’s CEO, Ryan Bailey, who took the helm in February, succeeding Wayne Patenaude (see story here) Brandon will now lead the commercial banking division, focusing on strategic growth and client engagement. He will also spearhead the development and implementation of commercial banking products and services, ensuring they meet market demands and client needs. His efforts will be pivotal in reinforcing CSB’s position as a leader in commercial banking, to drive revenue growth through innovative product offerings and enhanced client engagement strategies.

“Ian’s deep expertise and proven leadership will be instrumental in driving our commercial banking division forward,” said Bailey. “His promotion reflects our confidence in his ability to identify market opportunities and strengthen client relationships. Further, Ian’s proven commitment to local businesses aligns perfectly with CSB’s unwavering efforts to support and foster economic growth within our communities.”

As part of a larger restructuring of CSB’s commercial lending group, Brandon’s promotion will position the bank for continued success amid evolving market conditions. With the changes, lending veteran, Aidan Hume, previously Senior Vice President - CRE Team, was promoted to SVP, Head of CRE, stepping into Brandon’s prior role to provide strategic oversight and direction for CRE financing and investments operations.

Additional promotions to the commercial group as a result of elevated positioning has Kevin Teller advancing to SVP, Commercial Real Estate Team Leader, and Laura Miller now serves as FVP, Head of Commercial Portfolio Management, leading both Commercial Real Estate and Corporate Banking Portfolio Management teams.

Aidan Hume Ryan Bailey Ian Brandon CSB Recently Financed $55.6M to 30 Dan Road, Canton MA to Expand Its Footprint Laura Miller Kevin Teller

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