WARREN, Penn., March 23, 2018 /PRNewswire/ -- Northwest
Bank named Louis J. Torchio as executive vice president,
Retail Lending. Ronald J. Seiffert, president and chief
operating officer, made the announcement.
In his position, Mr. Torchio will manage Northwest's growing
Retail Lending division, which includes residential, home equity,
credit card, consumer and indirect lending.
Mr. Torchio comes to Northwest with more than 30 years of
banking experience. His background consists of all aspects of
residential and consumer lending, including business development,
operations, loan servicing, compliance and talent development.
Mr. Torchio's competencies include executing complex
organizational and process redesigns. His prior scope
included managing a $15 billion
residential and consumer loan portfolio with annual originations
that exceeded $7 billion. Most
recently, Mr. Torchio served as senior vice president for
Residential and Consumer Lending at a community bank located in
central Ohio, where he streamlined
the bank's mortgage banking operations while managing all aspects
of mortgage and consumer lending.
Of Mr. Torchio's appointment, Mr. Seiffert notes, "We're pleased
to have Mr. Torchio lead Northwest's Retail Lending division.
His extensive background and expertise in lending with community
and regional banks make him an excellent fit for our culture, and
his knowledge and experience will help position Northwest as the
bank of choice across our markets."
About Northwest Bank
Northwest Bank operates 162
full-service offices and 10 free-standing drive through locations.
Founded in 1896, Northwest offers a complete line of personal and
business banking products including employee benefits, investment
management services, insurance and trust. Northwest Bancshares,
Inc. is the holding company of Northwest and is listed on the
NASDAQ Global Select Market as NWBI. More information about
Northwest can be found online at www.northwest.com.
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SOURCE Northwest Bank