Savings bank

Spencer Savings Bank appoints new manager to lead treasury team

Dushyant Abhyankar has been named senior vice president and treasurer of Spencer Savings Bank, according to an announcement on Wednesday. Abhyankar will be responsible for providing leadership and contributions related to balance sheet management, liquidity and interest rate risk management, pricing strategies as well as oversight of cash, securities and securities portfolios. wholesale financing from the bank. He will lead the bank’s treasury team, contributing to the bank’s continued growth and strengthening profitability.

“We are delighted to welcome Dushyant to the Spencer team and look forward to working with him,” Jose Guerrero, president and CEO of Spencer Savings Bank, said in a statement. “He has a deep and comprehensive finance background, as well as strong leadership skills, which will stand us in good stead. We look forward to continuing to develop Spencer with all of Dushyant’s input and expertise.

With nearly 15 years of experience, Abhyankar is a seasoned banking professional who has held leadership positions in global corporations. Most recently, he served as Vice President/Strategy, Planning and Analysis and Vice President/Head of Treasury at Cross River Bank.

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