Bay State Savings Bank Announces New Executive Management Team to Drive Future Growth and Success

November 15, 2023

Bay State Savings Bank today announced executive appointments and a realignment of its leadership team to advance its long-term strategic objectives. The realignment is effective immediately and includes the following appointments: Olufemi (Femi) G. Elegbe, CFA – Chief Financial Officer; Diane M. Giampa – Chief Community Engagement Officer; Tami M. Gunsch – Chief Retail Banking Officer; Courtney R.Y. Nuara – Chief Risk Officer; and Daniel J. Kelser – Interim Chief Commercial Banking Officer.

“We have ambitious goals for growth,” said William J. Fay II, Chair of the Bank’s Board of Directors. “This leadership realignment will further position us to achieve our strategic priorities while continuing to provide great experiences for our customers.”

“The future is bright,” said Seth A. Pitts, President & CEO, “I am thrilled to be working with a team whose collective experience aligns with our values and demonstrates a dedication to disciplined financial management, great relationship banking, and a true commitment to community.”