Forbright Bank Announces New Chief Financial Officer and Executive Promotions

Aaron Juda elevated to Chief Strategy Officer and President of Consumer Banking

Chief Administrative Officer Leanne Ladd expands responsibilities

Chris Lynch appointed as new Chief Financial Officer

Forbright Bank, a nationwide full-service bank helping accelerate the transition to a sustainable economy, today announced that Aaron Juda has been promoted to Chief Strategy Officer and President of Consumer Banking, Leanne Ladd will expand her responsibilities as Chief Administrative Officer, and Chris Lynch joined as the Chief Financial Officer of Forbright Bank and Forbright, Inc., the holding company of Forbright Bank.

“We’re thrilled to announce Aaron and Leanne’s expanded responsibilities and welcome Chris to Forbright,” said Don Cole, Chief Executive Officer at Forbright Bank. “Their knowledge of the financial landscape and understanding of our business will further strengthen Forbright’s position as a leader in sustainable finance and a trusted partner for our clients and customers.”

Mr. Juda will maintain his role as Chief Strategy Officer in addition to becoming President of Consumer Banking at Forbright. As part of his new expanded responsibilities, Mr. Juda will oversee Forbright’s Digital Banking Division along with Energy Loan Network, LLC, a subsidiary of Forbright Bank. Mr. Juda has played a central role in Forbright’s most important strategic initiatives over the past two years including the Bank’s successful launch of its first national digital deposit product, a substantial capital raise, and the enhancement of Forbright’s sustainable finance initiatives. Prior to Forbright, Mr. Juda was an investment banker at Barclays and a management consultant at Accenture Strategy.

Ms. Ladd will expand her responsibilities as Chief Administrative Officer to oversee Forbright’s Information Technology and branch deposit operations. Ms. Ladd has helped lead critical initiatives at Forbright including rebranding and mission aligning Forbright to decarbonization, standing up the Bank’s digital banking systems, and launching an inaugural green bond. Prior to Forbright Bank, Ms. Ladd served as a Vice President at Congressional Bank and Pacific Western Bank.

Mr. Lynch joins Forbright after having served for almost a decade as Senior Vice President and Executive Vice President of Finance at Pacific Western Bank. During his tenure, Mr. Lynch managed the financial and capital forecasting, capital stress testing, tax, and insurance functions. Prior to Pacific Western Bank, he held executive roles including Senior Vice President of Finance at CapitalSource and Chief Financial Officer at Walker & Dunlop. Earlier in his career, Mr. Lynch worked in investment banking at Merrill Lynch, and in treasury and finance positions at Marriott International.

All three Forbright executives will work out of the Bank’s headquarters in Chevy Chase, MD.

About Forbright Bank:

Forbright Bank (www.forbrightbank.com), Member FDIC, Equal Housing Lender, is a full-service bank taking action to decarbonize the economy. Headquartered in Chevy Chase, Maryland, Forbright is committed to accelerating the transition to a sustainable, clean energy economy by financing the companies, investors, and innovators driving that change.

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