Watertown Savings Bank (WSB) has promoted Nicole J. Biggins to vice president and named James A. Sgroi as a new trustee.

Biggins, also the bank’s controller, will be responsible for overseeing the WSB’s investment function, in addition to the daily accounting function in her new role, according to a statement. Additional responsibilities include compiling budget and asset/liability management forecasts; participating in the bank’s strategic planning process; reporting to bank management, the board of directors and regulatory agencies; and facilitating audits from internal and external audit agencies to ensure compliance and overall accuracy of WSB’s reported financial information.

Biggins, hired as accounting manager in 2005, previously worked as a teller while attending college. In 2007, Biggins was promoted to assistant vice president and controller.

Sgroi, the former CFO for Watertown Savings Bank, is also a certified public accountant, according to a statement. During his WSB career, Sgroi served as treasurer for 10 years on the board of the Watertown Economic Development Commission.

"Jim successfully steered the bank through a variety of economic times for 18 years," said CEO Ronald D. Dean. "He brings a world of financial expertise to the board of trustees and will also serve as a member of the bank’s board of investment."