The Northwest Community Bank Board of Directors has elected Maura Malo, currently Executive Vice President and Chief Operating Officer, to succeed retiring President and Chief Executive Officer Stephen P. Reilly, effective September 1, 2023. Mr. Reilly and President Elect Malo will work together in the coming months to ensure a seamless transition.
Northwest Community Bank Names
Maura O’Sullivan Malo
President and CEO Elect
Mrs. Malo has 30 years of senior level experience in the banking industry. Prior to her being named EVP and COO two years ago, she was Senior Vice President and Chief Risk Officer and Internal Auditor. She was an FDIC Bank Examiner from 1993-2003 before she joined Litchfield Bancorp – A Division of Northwest Community Bank, in 2003. She holds an MBA from Rensselaer Polytechnic Institute and a BS from Western New England University. She is also a graduate of the National School of Banking, and has received the New Leaders in Banking Award from the Connecticut Bankers Association.
Northwest Community Bank Board Chair William J. Shea II states, “We are so pleased to promote Maura, a candidate from within our bank family, to continue the legacy of Northwest Community Bank and to lead us forward. Our Board has every confidence in Maura and our talented team to sustain our success.”
Northwest Community Bank President and CEO Stephen P. Reilly comments, “Maura has been one of our rising stars for some time, and she is incredibly qualified to take on new leadership responsibilities. I know she has the background and skills necessary to lead the bank to serve our employees, customers and communities well. I could not be happier for Maura and I know I will be leaving the bank in very capable hands.”
Maura Malo currently serves on the boards of FISH, Warner Theatre, Northwest CT Chamber of Commerce, and has served on numerous other boards in the region. She has been a Girl Scouts of CT Troop Leader since 2006. She and her husband Stephen Malo and their two daughters reside in Litchfield, CT.
Pictured above: Northwest Community Bank President and CEO Elect Maura Malo (left) Northwest Community Bank President and CEO Stephen P. Reilly