Handy, new chairman and CEO, and Gim, president and COO, step up at Washington Trust

Handy, new chairman and CEO, and Gim, president and COO, step up at Washington Trust

WESTERLY — Washington Trust Bancorp Inc. announced Tuesday that it had  completed its executive leadership transition. Edward O. Handy III is now chairman and chief executive officer of the corporation and the bank, and Mark K.W. Gim has assumed the role of president and chief operating officer. Their appointments follow the March 2 retirement of Joseph J. MarcAurele as chairman and CEO. 

Handy served as president and chief operating officer of Washington Trust since November 2013. In his new role, he leads more than 600 employees who provide a wide range of financial services, including commercial and mortgage banking, personal banking, wealth management, and trust services at offices in Rhode Island, Connecticut and Massachusetts. Corporate assets at the end of 2017 were $4.5 billion.

“Washington Trust has a long, proud history as America’s oldest community bank and has attained an outstanding track record of success over the past two centuries,” Handy said. “I am honored to assume the role of CEO of this remarkable organization and look forward to leading Washington Trust into the next chapter.”

Gim joined Washington Trust in September 1993 and most recently served as senior executive vice president of wealth management and chief strategy officer. He is responsible for corporate strategic planning and daily operations of the company’s key business lines, including retail banking, mortgage and consumer lending, and wealth management.

“My goal is to ensure that we continue to meet the needs of our key constituents by providing the highest value of financial products and customer services,” Gim said.


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