Hanover, Massachusetts. September 18, 2023 – Rockland Trust Company has appointed Lee C. Powlus as Chief Technology and Operations Officer of both Rockland Trust and its bank holding company parent Independent Bank Corp (NASDAQ Global Select Market: INDB). In this role, Powlus will leverage his in-depth experience and business acumen to lead Rockland Trust’s technology, operations, data security, project management, and knowledge management strategies. Powlus will serve on the Bank’s executive leadership team reporting to Jeffrey Tengel, Chief Executive Officer.
Powlus brings nearly four decades of expertise in information technology, operational and digital transformation gained through senior leadership roles. Most recently, he served as the Senior Executive Vice President and Chief Administrative Officer at People’s United Bank, a $65 billion community-based regional bank headquartered in Connecticut which was recently acquired by M&T Bank.
At People’s, Lee oversaw all operational and technical aspects of the company including technology, operations, information/cyber security, project management, digital, and real estate services. During that time, he focused on building critical infrastructure to support strategic innovation while ensuring platforms and services operated safely and securely. Prior to his work at People’s, Powlus led the Information Technology team at Chittenden Corporation, an $8 billion commercial bank in Vermont.
“Rockland Trust has a 116 year strong commitment to innovation that enables the best possible customer and colleague experience,” said Powlus. “I’m inspired by this mission and I look forward to collaborating with my new colleagues to create efficiencies, explore new opportunities, and focus on the fundamentals that make Rockland Trust a special place to bank and work.”
Powlus earned his Bachelor of Science in Business Administration, Management and Operations as well as his Master of Business Administration from the University of Vermont.
About INDB/Rockland Trust
Independent Bank Corp. (NASDAQ Global Select Market: INDB) is the holding company for Rockland Trust Company, a full-service commercial bank headquartered in Massachusetts. Rockland Trust was named to The Boston Globe's "Top Places to Work" 2022 list, an honor earned for the 14th consecutive year. Rockland Trust has a longstanding commitment to equity and inclusion. This commitment is underscored by initiatives such as Diversity and Inclusion leadership training, a colleague Allyship mentoring program, and numerous Employee Resource Groups focused on providing colleague support and education, reinforcing a culture of mutual respect and advancing professional development, and Rockland Trust's sponsorship of diverse community organizations through charitable giving and employee-based volunteerism. In addition, Rockland Trust is deeply committed to the communities it serves, as reflected in the overall "Outstanding" rating in its most recent Community Reinvestment Act performance evaluation. With retail branches in Eastern Massachusetts and Worcester County as well as commercial banking and investment management offices in Massachusetts and Rhode Island, Rockland Trust offers a wide range of banking, investment, and insurance services to individuals, families, and businesses. The Bank also offers a full suite of mobile, online, and telephone banking services. Rockland Trust is an FDIC member and an Equal Housing Lender.
