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By Webster Bank
Webster Bank is pleased to announce that Peter Kapp has joined Webster as Executive Managing Director and Chief Strategy Officer. Reporting directly to Chief Financial Officer Neal Holland, Kapp will lead the Bank’s corporate strategy function, including corporate development and resolution planning, ensuring that it aligns with the bank’s vision and business goals.
“Peter’s deep experience with large financial institutions will be a tremendous asset as we continue to strengthen our financial and strategic capabilities,” said Holland.
Most recently, Kapp served as Senior Vice President of Enterprise Capital Management and Finance Shared Services at Fannie Mae, where he played a key role in capital strategy and financial transformation. He also spent 20 years at Citigroup in various leadership roles, including Managing Director, Head of Capital Planning, Forecasting, and Analytics. He began his career as an investment banker for Financial Institutions at Citigroup.
Kapp holds an MBA in Finance from Columbia Business School and a BSE in Mechanical and Aerospace Engineering from Princeton University.
About Webster
Webster Bank (“Webster”) is a leading commercial bank in the Northeast that provides a wide range of digital and traditional financial solutions across three differentiated lines of business: Commercial Banking, Consumer Banking and Healthcare Financial Services, one of the country’s largest providers of employee benefits and administration of medical insurance claim settlements solutions. Webster is a values-driven organization headquartered in Stamford, CT, with $77 billion in assets. Its core footprint spans the northeastern U.S. from New York to Massachusetts, with certain businesses operating in extended geographies. Webster Bank is a member of the FDIC and an equal housing lender. For more information about Webster, including past press releases and the latest annual report, visit the Webster website at www.websterbank.com.
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