Cambridge Bancorp announces expansion of its wealth management team

CAMBRIDGE, Mass., November 9, 2021 / PRNewswire / – Cambridge Bancorp, (NASDAQ: CATC) parent company of Cambridge Trust Company, today announced the expansion of its wealth management team with the appointment of five new wealth management professionals. These new team members bring significant experience in wealth management business development, retirement planning, multigenerational wealth management and portfolio management.

“For 131 years, Cambridge Trust clients have appreciated our exceptional wealth management services,” said Jennifer pliny, Executive Vice-President and Head of Wealth Management. “I am delighted to welcome our new colleagues to the wealth management team as we continue to build on our legacy of trust and service.”

These new colleagues will allow Cambridge Trust to capitalize on the significant market opportunity across our footprint while allowing the Company to grow in Southern Connecticut.” Noted Denis sheahan, Chairman and Chief Executive Officer. “As Jennifer said, we are delighted to welcome these colleagues to the organization.”

Robert E. Maquat joined as Senior Vice President and Senior Private Banker. Situated at Southern Connecticut, Rob has over 30 years of wealth management experience, including his most recent role at People’s United Bank. Previously, Mr. Maquat was an analyst at Salomon Brothers and a management consultant at Touche Ross and Co. He holds a BS from University of Connecticut and an MBA from Columbia university.

Christophe C. Lucas joined as Senior Vice President and Senior Portfolio Manager with experience providing personalized investment solutions for high net worth individuals, multigenerational families, municipalities and nonprofits from his previous role at People’s United Bank. Chris holds a BA from University of New Hampshire and an MBA from University of Southern Maine, and is a former member of the military, having spent six years in the United States Air Force.

Doreen L. DiBari joined as Senior Vice President and Senior Relationship Manager with over 30 years of experience in wealth protection and retirement planning, including the principles of personal trust and the settlement of estates from prior positions the People’s United Bank, Eastern Bank and State Street Bank. Doreen attended Boston university, Bentley University and Cannon Trust School. She is a Certified Financial Planner (CFP®), Certified Financial Advisor and Trustee, and Paralegal.

William J. Fleming joined as vice president and relationship manager. Wil brings 15 years of experience in the financial services industry as a Certified Financial Planner, most recently at People’s United Bank. William previously held similar positions at Fidelity Investments and AXA Advisors in new York.

Sharon S. Mathews joined as Senior Client Services Associate. Sharon brings 15 years of experience in private banking, wealth management and hedge fund management, most recently as Deputy Vice President at People’s United Bank. Sharon holds a BBA of Pace University and studied at Cornell University School of Industrial and Labor Relations.

For more information visit www.cambridgetrust.com

About Cambridge Trust
Cambridge Trust turns 131 Massachusetts chartered commercial bank based in Cambridge, Massachusetts with about $ 4.5 billion active at September 30, 2021, and a total of 19 Massachusetts and New Hampshire Locations. Cambridge Trust is one of the leaders in private banking and wealth management in New England with $ 4.5 billion in clients’ assets under management and administration from September 30, 2021. The Wealth Management group has offices in Boston and Wellesley, Massachusetts and Concorde, Manchester, and Portsmouth, New Hampshire.

For more details on Cambridge Trust, visit: www.cambridgetrust.com

CONTACT:
Media: Danielle Rémi Hackel (617) 991-5201 [email protected]
Investor Relations: Michel carotenuto (617) 520.5543 [email protected]

SOURCE Cambridge Bancorp

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