CAMDEN,
Maine, Dec. 14, 2023 /PRNewswire/ -- Camden
National Bank announced today that Ryan
Smith, an executive vice president who has been with the
bank since 2012, has assumed the role of chief credit officer.
Smith succeeded Timothy Nightingale,
Camden National Bank's long-serving
chief credit officer, who retired for personal health reasons.
"This is a seamless transition, as Ryan is well positioned to
uphold our robust credit culture with his strong credit skills and
extensive commercial banking experience," said Greg Dufour, president and CEO of Camden National Bank. "Ryan has firsthand
knowledge of our lending markets, enabling us to keep our
distinctive local decision-making, and providing opportunities to
enhance the customer experience. We are fortunate to be able to
attract and cultivate talented team members for leadership
roles."
In 2012, Smith was hired to lead Camden
National Bank's commercial banking efforts in Central and
Southern Maine. He soon took on
the added responsibility of leading the Treasury Management group,
where he grew that line of business until 2015, when he became
director of commercial banking for Central and Midcoast Maine. In
2019, Smith was promoted to senior vice president, director of
credit administration, a position he held until 2020, when he was
promoted to executive vice president, director of commercial
banking.
"I want to thank Tim for his extensive leadership in helping to
build Camden National Bank's healthy
credit culture and our reputation for professional and responsible
lending," Dufour said. "Tim has been an invaluable member of our
management team and helped guide our bank for the past 23 years.
His long and successful career in commercial banking and credit
risk management is well known and respected. We have all benefited
from having worked with him and for his friendship."
"Since joining Camden National Bank,
I've been impressed by the strong credit culture that is a
hallmark of the company's success," said Simon Griffiths, who will succeed Dufour as
president and CEO on January 1, 2024.
"I'm looking forward to working closely with Ryan in his new role,
as well as our credit and commercial banking teams, as we continue
to highly serve the customers and communities of the bank."
Originally from Maine, Smith
currently resides in Auburn with
his family. He is actively involved in the local community as a
volunteer coach for youth baseball. He is also a board director and
past president of the Maine Building Materials Exchange, and a
member of the Commercial Lending Committee for the Maine Bankers
Association. He earned his Bachelor of Science in finance from the
University of Maine.
About Camden National Corporation
Camden National Corporation (NASDAQ: CAC) is the largest
publicly traded bank holding company in Northern New England with
$5.8 billion in assets and was
proudly listed as one of the Best Places to Work in Maine, for the past three years. Founded in
1875, Camden National Bank is a
full-service community bank dedicated to customers at every stage
of their financial journey. With 24/7 live phone support, 57
banking centers, and additional lending offices in New Hampshire and Massachusetts, Camden
National Bank offers the latest in digital banking,
complemented by award-winning, personalized service. To learn more,
visit CamdenNational.bank. Member FDIC. Equal Housing Lender.
Comprehensive wealth management, investment, and financial
planning services are delivered by Camden National Wealth
Management.
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SOURCE Camden National Bank
