Valley National Bank Promotes Robert J. Bardusch to Chief Operating Officer

WAYNE, N.J. - Tuesday, February 13, 2018 - Valley National Bank, the wholly-owned subsidiary of Valley National Bancorp (NYSE:VLY), announced today the promotion of Robert J. Bardusch to Executive Vice President, Chief Operating Officer (COO). 

Bardusch joined Valley in 2016 and brings over two decades of financial leadership and expertise to his current role. Prior to this promotion, he served as Executive Vice President and Chief Information Officer for Valley. As COO, he will play a critical role working with Valley's executive leadership team to deliver the bank's strategic vision. He will focus on integrating platforms, improving service delivery and efficiency, and fostering innovation to support the bank in operating with the right balance of quality, flexibility, control and cost. In addition to these responsibilities, Bardusch will continue to lead Valley's digital transformation projects and all technology and operations-based aspects of the bank.

"Bob has been an invaluable member of our executive leadership team since joining the bank," remarked Ira Robbins, Valley National Bank President & CEO. "One of our strategic goals is to accelerate the bank's digital transformation, which will lead to significant improvements in efficiency, service and profitability for years to come. Bob will continue to lead these efforts as we seek to drive growth during a period of historic change at Valley."

Bardusch received a Bachelor's Degree in Engineering from The Pennsylvania State University and a Master's Degree in Information Systems and Business Administration from the University of Pittsburgh. He also serves as the Chairman of the advisory board for The Pennsylvania State University, College of Information Sciences and Technology.

Valley National Bancorp is a regional bank holding company headquartered in Wayne, New Jersey with over $28 billion in assets. Its principal subsidiary, Valley National Bank, currently operates over 230 branch locations in northern and central New Jersey, the New York City boroughs of Manhattan, Brooklyn, Queens and Long Island, Florida and Alabama. Valley National Bank is one of the largest commercial banks headquartered in New Jersey and is committed to providing the most convenient service, the latest in product innovations and an experienced and knowledgeable staff with a high priority on friendly customer service. For more information about Valley National Bank and its products and services, please visit www.valleynationalbank.com or call our Customer Service Center at 800-522-4100.