NEW YORK – Fast upon her election as the first woman president of the Hellenic American Chamber of Commerce, Nancy (Athanassia) Papaioannou was unanimously appointed President of the Atlantic Bank division of New York Commercial Bank, a subsidiary of New York Community Bancorp, Inc. by the members of its advisory board.
Papaioannou follows in the footsteps of Spiros J. Voutsinas, who excelled as president of the bank from the time of his appointment in 2006 until he passed away on April 9, 2014.
Joseph R. Ficalora, President and Chief Executive Officer of New York Community Bancorp kept his promise to the community that a Greek-American will be selected to be president.
In an interview earlier this year with TNH, Ficalora spoke about Voutsinas’ contributions to the bank and to the community he loved, and said, “…he was a great man. He was excellent and served the banking community for many decades.”
Ficalora said that the presidency of Atlantic Bank is “a position that is very highly regarded by many – more than I had realized – in the Greek community…so it will take a little while to make the right choice.”
An Executive Review Committee was created to nominate the new president for consideration by the Advisory Board.
The committee, of which Ficalora was a member, included Divisional Board members John Catsimatidis, Nicolas Bornozis, Spiros Milonas, and Savas Konstantinides, all of whom recommended Papaioannou.
In addition to those serving on the Executive Review Committee, the members of the Advisory Board of the Atlantic Bank Division include Former Ambassador to Cyprus, Andrew J. Jacovides, Comin Nicholas Kafes, Mitchell Rutter and John Tsimbinos.
Papaioannou is currently the Senior Vice President of the Private Banking and Correspondent Banking Services of Atlantic Bank, and she continue to oversee the bank’s Premier Banking operations,
Born, raised, and educated in Athens, where she attended Arsakion, a prestigious preparatory school, as well as the French Academy, at the age of 18 Papaioannou joined the National Bank of Greece and in 1990 was transferred to Atlantic Bank.
In the United States Papaioannou continued her education. She majored in Accounting and Banking and graduated from Marymount Manhattan College with a degree in Business Management.
Papaioannou is active in the Greek American Community and is a member of various Greek American organizations in New York.
She became the manager of the Premier Banking Group of Atlantic Bank of New York in February 2001.
In 2006, when Atlantic Bank of New York was acquired by New York Commercial Bank, Papaioannou continued in her leadership role with Premier Banking.
Atlantic Bank of New York was established in the mid 1920s and became a division of New York Commercial Bank on April 28, 2006. The Commercial Bank serves its customers through 30 full-service branches in Manhattan, Queens, Brooklyn, Long Island, and Westchester County, including 18 branches that operate through the Atlantic Bank Division. The Commercial Bank has 30 in Manhattan, Queens, Brooklyn, Long Island, and Westchester County, of which 18 operate through the Atlantic Bank Division.
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