Solomon Ponniah Welcomed as New Group Leader at Dime

Author: Dylan Bailey Updated: 04-30-2025 05:02 PM

Solomon Ponniah Welcomes New Opportunities at Dime

HAUPPAUGE, N.Y. – Dime Community Bancshares, Inc. (NASDAQ: DCOM) has recently announced an exciting addition to their team with Solomon Ponniah taking on the role of Senior Vice President and Group Leader. With a robust background in the banking sector, Solomon brings over 15 years of valuable experience in Commercial Lending, having most recently served as the Director of Business Banking at Popular Bank. His extensive expertise is expected to be an asset as Dime continues to expand its operations.

Excitement About Joining Dime

In reflecting on his new position, Solomon expressed his enthusiasm for being a part of Dime’s growth narrative. He noted that the bank’s quick responsiveness to customer needs, coupled with its streamlined organizational framework, greatly influenced his decision to join. Solomon's commitment to fostering strong relationships with customers aligns well with Dime's mission of providing exceptional banking services.

Strategic Growth and Expansion Plans

Stuart H. Lubow, President and Chief Executive Officer of Dime, emphasized the strategic nature of this hiring decision. He remarked, “Adding Solomon to our Commercial Lending division supports our ongoing ambition to enhance our market presence in the bustling NYC metropolitan area. His reputation as a respected banker and his proven track record makes him a valuable addition to our team.”

About Dime Community Bancshares, Inc.

Dime Community Bancshares, Inc. stands as the parent company of Dime Community Bank, a trusted institution catering to the needs of customers in New York. With over $14 billion in assets and a leading deposit market share among community banks on Greater Long Island, Dime is committed to growth and customer satisfaction. Its robust offering not only meets but exceeds the expectations of its clientele.

Contact Information for Investors

For those interested in reaching out, Dime Community Bancshares, Inc. provides an Investor Relations contact: Avinash Reddy, who holds the position of Senior Executive Vice President and Chief Financial Officer. You can connect with Avinash by phone at 718-782-6200, Extension 5909, or via email at avinash.reddy@dime.com.

Frequently Asked Questions

What position is Solomon Ponniah taking at Dime?

Solomon Ponniah is joining Dime as Senior Vice President and Group Leader.

What experience does Solomon bring to Dime?

He brings over 15 years of experience in Commercial Lending, previously serving as Director of Business Banking at Popular Bank.

Why did Solomon choose to join Dime?

He was attracted to Dime’s quick customer response, flat organizational structure, and growth trajectory.

What are Dime's goals with this new hiring?

Dime aims to expand its presence in the NYC metro area by enhancing its Commercial Lending division.

How can investors contact Dime Community Bancshares?

Investors can contact Avinash Reddy at 718-782-6200, Ext. 5909, or via email at avinash.reddy@dime.com.

About The Author

My name is Dylan Bailey, and I am 28 years old. I am an author and an expert on the stock market who specializes in publicly traded companies. Early fascination with the stock market inspired me to seek a finance degree and then delve deeply into the world of stocks. I have developed over the years my abilities to spot investment prospects, assess business performance, and analyze market trends.

My books and articles try to help regular investors understand the nuances of the stock market. Anyone can, in my opinion, make wise investment choices and succeed financially if they have the correct information and resources. In my writing, I combine in-depth research with practical insights and advice that can be put into action. This is done with the intention of assisting readers in navigating the constantly shifting landscape of publicly traded companies.

In addition to writing, I also host webinars and workshops, where I give presentations and share my knowledge with a wider audience. I also write for top financial journals and show up as a guest analyst on financial news shows. I like to travel, spend time with my family, and keep active by playing different sports when I'm not buried in market research.

My goal is to enable people to choose wisely and consciously in their investments, so taking charge of their financial futures. By my work, I hope to create a community of informed and self-assured investors prepared to take advantage of the chances presented by the stock market.

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