Washington Trust Bancorp Adds Debra M. Paul and Angel Taveras to Board of Directors
Washington Trust Bancorp, Inc. (NASDAQ: WASH) recently announced the appointment of Debra M. Paul and Angel Taveras, Esq. to its Board of Directors, effective March 1, 2024. As the oldest community bank in the nation, this move by Washington Trust brings a wealth of experience in leadership, finance, legal expertise, and community involvement to its governance.
Debra M. Paul, a certified public accountant, brings significant leadership experience to the board. She has previously served as the CEO of Fellowship Health Resources and as the Senior Vice President of Integration at Elwyn. With a strong financial background, Paul also held positions as the CFO at Women & Infants Hospital and as the Senior Audit Manager at KPMG, LLP. Currently, she also serves on the board of Blue Cross Blue Shield Rhode Island and Amica Mutual Insurance Company, where she is the Audit Committee Chair.
Angel Taveras, Esq., brings a wealth of legal knowledge to the board from his recent role as Senior Counsel at Adler Pollock & Sheehan P.C. He also has previous partnerships with various law firms. Taveras is well-versed in leadership, having served as the Mayor of Providence. In addition to his legal expertise, he imparts his knowledge as an Adjunct Professor at Providence College. Taveras is also involved in serving on the boards of Lifespan Corp., National Civic League, and IKEA Foundation.
Edward O. Handy III, Chairman and CEO of Washington Trust, expressed his enthusiasm for the new board members, highlighting the diversity and depth of their professional experiences as valuable assets for the company’s future. Washington Trust Bancorp, Inc., with $7.2 billion in assets as of December 31, 2023, serves as the holding company for The Washington Trust Company, a community bank that offers financial services across New England. The bank is committed to the financial well-being of the region’s residents and businesses.
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Analyst comment
This news is positive for Washington Trust Bancorp. The addition of Debra M. Paul and Angel Taveras to the Board of Directors brings significant leadership, financial, legal, and community experience. Their diverse backgrounds will contribute to the company’s future success.
