Riverview Bancorp Strengthens Financial Leadership
Riverview Bancorp, Inc. (NASDAQ: RVSB), headquartered in Vancouver, has recently made two notable appointments aimed at enhancing its financial operations. The company announced that Graham Clancy has come on board as Senior Vice President and Director of Finance, while Phung Le has been promoted to Senior Vice President and Controller. These strategic moves come as Riverview looks to bolster its accounting and finance teams.
Introduction of Graham Clancy
Graham Clancy's extensive experience in the banking sector will be a valuable asset for Riverview. With over 14 years of experience in finance, accounting, budgeting, and asset management, Clancy is set to bring his expertise into play at Riverview Bancorp. His most recent role was with Heritage Bank as Vice President and Senior Finance Officer, where he managed finance and accounting reporting effectively.
Phung Le's Promotion to Controller
Phung Le’s promotion to Controller marks a direct succession to Wendy Beck, who retires after a prominent 36-year career with the bank. Le has been with Riverview since 2019 and previously held the role of Vice President and Assistant Controller. Her responsibilities included overseeing daily accounting operations while ensuring compliance with various financial regulations.
Comments from Leadership
“We are excited to welcome Graham to Riverview,” noted Nicole Sherman, the President and CEO. She emphasized Clancy’s solid background in banking operations and his crucial role in supporting the next phase of Riverview’s strategic growth. Sherman also highlighted Phung's dedication and expertise, which led to her well-deserved promotion.
Background on Graham Clancy
Clancy’s professional journey includes more than a decade at Umpqua Bank, where he was instrumental in frontline strategy and operational support in his last position. He is equipped with a B.S. in Business Administration from the University of Oregon and is also a graduate of the Pacific Coast Banking School at the University of Washington.
Phung Le's Experience
Le has amassed over 10 years of experience in the accounting domain, specifically within financial institutions. Her previous experience in public accounting allowed her to build a profound understanding of financial reporting and regulatory compliance, which are crucial for any accounting professional in today’s complex financial landscape.
Looking Ahead
Riverview’s CFO, David Lam, expressed appreciation for Ms. Beck’s long-standing contributions to the company and shared his enthusiasm about the financial team’s future. With Clancy and Le’s combined expertise, Riverview Bancorp aims to continue fostering a successful financial environment and serving their clients and communities effectively.
About Riverview Bancorp
Riverview Bancorp, Inc. is the parent company of Riverview Bank and Riverview Trust Company, offering comprehensive community banking services. With a strong commitment to its clients, Riverview serves both commercial and retail customers through its numerous branches and lending centers. The bank has consistently been recognized within its community for its excellence in service, having won accolades from various local publications.
Frequently Asked Questions
What recent changes did Riverview Bancorp announce?
Riverview Bancorp announced the appointments of Graham Clancy as Director of Finance and Phung Le as Controller to strengthen its financial operations.
Who is Graham Clancy?
Graham Clancy is the new Senior Vice President and Director of Finance at Riverview Bancorp, with over 14 years of experience in banking and finance.
What is Phung Le's previous role?
Phung Le was previously the Vice President and Assistant Controller before her promotion to Controller at Riverview Bancorp.
What is the significance of these promotions?
The promotions reflect Riverview Bancorp's strategy to enhance its financial leadership and support its future growth initiatives.
How does Riverview Bancorp serve its community?
Riverview Bancorp provides community banking services, focusing on quality service and financial products for both commercial and retail clients.
