Customers Bank has appointed seven new digital asset experts to its Digital Asset Banking team.
New hires include professionals in business development, technology, integration, payments, BSA (prevention of money laundering) and compliance.
Customers Bank has recruited Robb Layfield as Managing Director of Digital Assets and Dan Devine as Senior Vice President of Digital Assets Product Development.
Five other digital asset bankers will complement the existing team and expand the bank’s broad coverage of the crypto industry, Customers Bank said.
The bank says the appointments will expand the depth and expertise of its digital asset team as it continues to serve the needs of commercial cryptocurrency and digital asset institutions.
Customers Bank President and CEO Sam Sidhu said, “We are committed to being one of the leading financial institutions serving cryptocurrency and digital asset trading institutions and we understand all the requirements, pitfalls and opportunities for crypto customers.”
Sidhu adds, “Our investment in building the best crypto and digital asset team indicates that we are a serious player in this space and that we are committed to this line of business for the long term.”
Pennsylvanian Customers Bank is a full-service commercial and consumer bank with approximately $19.1 billion in assets.