A Webster Bank branch in downtown Boston in 2019. Banker & Tradesman file photo.

Connecticut-based Webster Bank has named Luis Massiani as the bank’s president.

Massiani, who has also been promoted to senior executive vice president, will continue in his current role as chief operating officer, Webster Bank said.

John Ciulla previously held the roles of president and CEO. Ciulla will now only hold the CEO role at the bank while remaining president and CEO of the bank’s parent company, Webster Financial Corp..

The bank has also promoted its president of commercial banking, Chris Motl, to senior executive vice president. Motl leads all of Webster’s commercial banking verticals, including commercial real estate, commercial and industrial, sponsor and specialty finance, equipment finance, asset based lending, treasury management, middle market, business banking and private banking groups.

Motl joined Webster in 2004 as the co-founder of the company’s sponsor and specialty finance group. He was promoted to executive vice president in 2018.

“I am pleased to elevate these two exemplary leaders and recognize their outstanding contributions to the Company,” Ciulla said in a statement. “Luis and Chris continue to demonstrate values-driven leadership and high performance that continues to differentiate Webster in the marketplace.”

Massiani has been Webster Bank’s COO since January 2022 following the merger of Webster and New York-based Sterling Bancorp, parent company of Sterling National Bank. He had joined Sterling in 2012 as chief financial officer and became Sterling National Bank’s president in 2020. The chief operating officer role was added to his responsibilities in 2021.

The $71 billion-asset Webster Bank has 18 branches in Eastern Massachusetts.

Correction 12:43 p.m., April 4, 2023: Due to an editorial error, a photo cutline initially published with this story repeated information about Webster Bank and Berkshire Bank branch plans announced in 2020.

Webster Bank Names Massiani President

by Banker & Tradesman time to read: 1 min
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