Westerly, Rhode Island... Washington Trust has announced that Joseph M. Confessore, of North Kingstown, RI, has been promoted to Senior Vice President and Team Leader of the Bank's C&I Commercial Banking Group in Providence, R.I. In his new position, Confessore will be responsible for maintaining existing commercial banking relationships and developing new relationships with clients throughout New England.
Confessore joined the Bank in 2003 as Vice President, Commercial Lending, after completing formal credit training at FleetBoston where he served for many years in their Private Clients Group and as a lending officer in their precious metals lending division. Confessore differentiated himself as a strong business development officer with excellent credit skills, and in 2008, was promoted to Team Leader, Commercial Lending. In this role, he effectively managed both the lending and portfolio management functions for the Warwick Commercial Lending team. His marketing efforts have resulted in several new high profile customers. Confessore has continued to effectively manage credit risk with sound underwriting and risk management. In addition, he has participated in several special projects for the company including the establishment of asset based lending guidelines, margin lending guidelines and the development of ancillary services such as the P-card product, which has added incremental income to the Bank. He also serves as a member of the bankwide Risk Control Group, which monitors and addresses organizational risk.
Confessore has a bachelor's degree from the University of Rhode Island and an M.B.A. from Providence College. He is currently serving on the Executive Board of the URI Alumni Association as Past President. He also serves on the Board of the Commercial Finance Association, and as Trustee of the URI Foundation. Confessore is also an alumnus of Leadership Rhode Island.
ABOUT WASHINGTON TRUST COMMERCIAL BANKING GROUP
Washington Trust's Commercial Banking Group provides multi-million financing to leading businesses, manufacturers, hospitals, and educational institutions throughout the Northeast. We offer a full line of commercial and industrial lending services, including business lines of credit, term loans, international banking services, as well as comprehensive cash management services and bank-at-work conveniences. Our team of experienced professionals are dedicated to providing customized, comprehensive financing and personalized services. For more information, contact Joseph M. Confessore, Senior Vice President and Team Leader, at 401-348-1439, or 1-800-475-2265 ext.1439, or firstname.lastname@example.org.