Hanover, Massachusetts. January 30, 2023 – Rockland Trust Company has elevated Kathryn O’Malley and James Rizzo, two tenured commercial colleagues, to the Bank’s Executive Leadership Team.
O’Malley is the Senior Vice President, Chief Credit Officer at Rockland Trust overseeing credit risk management, loan structuring, approval, work out, appraisal, and environmental risk mitigation for the organization. She joined Rockland Trust in September of 2009. Prior to that, she spent nine years as an independent consultant completing commercial loan structuring and analysis for regional banks. Additionally, O’Malley worked for over a decade in the commercial banking division of BankBoston, and subsequently U.S. Trust. O’Malley received her Masters of Finance from Boston College and B.A in Mathematics and Economics from Wheaton College.
Rizzo recently assumed the title of Chief Commercial Banking Officer. He is responsible for leading the Company's commercial loan generation strategies. Before being appointed to the Bank’s Executive Leadership Team, Rizzo was Senior Vice President, Regional Commercial Banking Manager managing the lending and sales activities for a large group of commercial lenders covering south and north of Boston, Rhode Island, and Connecticut. Rizzo joined Rockland Trust after it acquired Slade’s Ferry Bank, where he served as Chief Lending Officer, in 2008. Prior to that, he worked as a Senior Vice President of Bank of America for over 17 years. Rizzo earned his B.A. in Finance from Rhode Island College.
“Katie’s disciplined attention to detail and steady guidance has been instrumental in maintaining the bank’s high standard of credit quality over the last several years; while Jim’s demonstrated ability to build strong relationships with customers and colleagues, combined with his dynamic expertise within the commercial banking field, position him well for this expanded role,” said Gerard F. Nadeau, President of Rockland Trust. “These promotions bring great confidence to our commercial lending team which, under Katie and Jim’s continued leadership, is poised for future growth and success.”