Incoming Country Bank President and CEO Mary McGovern. Photo courtesy of Country Bank

Country Bank has appointed current Chief Financial Officer and Chief Operating Officer Mary McGovern as its new president, effective April 1.

McGovern will still be retained as COO, while Paul Scully who has been the president and chief executive officer will remain as the CEO. The bank did not say who will replace McGovern as CFO.

McGovern joined Country Bank in 2011 as the CFO. In her new role, she will oversee the bank’s operations and drive its strategic growth initiatives, the bank said. She has over 30 years of banking experience.

“We are thrilled to announce Mary’s appointment as the next president of Country Bank,” James Phaneuf, chair of Country Bank’s board of directors, said in a statement. “Mary’s proven track record, dedication, and strategic vision make her the ideal candidate for this role. We are especially proud to break the proverbial glass ceiling by appointing the first female president in Country Bank’s 174-year history.”

“The Board is confident that Mary’s leadership will drive the bank’s continued success and growth. With her extensive experience, strategic mindset, and dedication to excellence, Mary is poised to lead the bank into a new era of innovation, and customer satisfaction while maintaining its position as one of the most highly capitalized financial institutions in the region,” Phaneuf added.

Country Bank is a $1.8 billion-asset bank with a presence in Central and Western Massachusetts through its 14 branches in Ware, Palmer, West Brookfield, Brimfield, Belchertown, Wilbraham, Ludlow, Leicester, Paxton, Charlton, and Worcester.

Country Bank Appoints First Female President

by Nika Cataldo time to read: 1 min
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