2011-06-29 / Features

Sovereign Bank Appoints Josephine Moran as Executive Vice President

Sovereign Bank Executive Vice President Josephine Moran.Sovereign Bank Executive Vice President Josephine Moran.Sovereign Bank announced on June 23 the appointment of Josephine Moran as Executive Vice President, Senior Retail Market Executive in Metro New York and Northern New Jersey.  She will be responsible for all retail banking activities in the market including Small- and Medium-sized Enterprises (SME) and will oversee 135 branches.

 Prior to joining Sovereign Bank, Moran was the community banking president and senior vice president for Wachovia, a Wells Fargo company.  She held this position since 2007, serving the Jersey Shore Community Bank Region, and was responsible for the sales, service and operational soundness of the region.  In this role, she led a diverse team of more than 500 retail bank employees and a market consisting of more than 51 offices and more than $3 billion in deposits.  Her work at Wachovia spans more than 12 years and includes various senior executive management positions, a proven track record of success, and a history of leadership within the company.

In addition to her work at Wachovia, Moran has extensive experience in the financial services industry in retail management, as well as expertise in retail banking, consumer lending, investment applications, alternative delivery, and electronic banking.  Moran has a proven track record of developing and leading high performing teams with the ability to initiate change, influence outcomes and develop and execute strategic plans.  In 2008 and 2010 Wachovia named Moran the sales and service top performer.  She was also named a President’s Club Winner and a two-time Medallion Club Winner by Wachovia.

Moran serves on the board of directors for the Central New Jersey March of Dimes and the United Way of Ocean County, New Jersey, along with various other community committees.  She earned a Master of Science in Finance and Financial Services from the University of New Haven and a Bachelor of Science in Marketing and Management from the Fashion Institute of Technology. She currently resides in Jackson, New Jersey.

Moran will report to David Miree, managing director of Retail Networks at Sovereign.

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