Liberty Bank Appoints New CFO

Paul S. Young

MIDDLETOWN — Paul S. Young will join Liberty Bank as the new chief financial officer on Monday, September 30.

Mr. Young comes to the bank with more than 20 years in the financial services industry.

He brings extensive experience from his past roles as CFO and controller and has a vast knowledge of financial leadership responsibilities.

Mr. Young has a solid foundation as a Certified Public Accountant and came up through the ranks in successive financial roles prior to divisional CFO roles.

Most recently, he served as CFO, Business Banking, Citizens Access and Consumer Deposits for Citizens Bank’s U.S. Franchise.

Prior to that, he was the CFO of digital banking platform BankMobile, a division of Customers Bank; senior vice president, Strategic Initiatives at The CIT Group; TD Bank’s head of U.S. Strategy, Corporate Development and Finance Shared Services from 2013-2016; CFO, U.S. Retail Banking, Mass Affluent and Wealth from 2011-2013 and CFO, U.S. Commercial Banking 2009-2011, also at TD Bank; CFO, CIT Corporate Finance; and senior vice president, controller at Siemens Financial Services.

President and CEO David W. Glidden said, “After a widespread search, we are confident that Paul is the right fit for Liberty as a strong, growing Connecticut company. We look forward to his continued success and to leveraging his expertise, taking Liberty to new heights for our customers, communities and employees.”

In addition to his many accomplishments, Mr. Young served as the treasurer on the TD Bank Charitable Foundation Board of Directors for five years.

He holds a bachelor’s degree in accounting from Bloomfield College and an MBA from Temple University’s Fox School of Business.

He also completed Duke University’s Fuqua School of Business Advanced Management Program.

He is a CPA, chartered global management accountant, and member of the Americans Regional Advisory Panel of the American Institute of CPAs.

Mr. Young and his family will relocate to Connecticut from New Jersey.

Established in 1825, Liberty Bank is Connecticut’s oldest bank, with more than $5.2 billion in assets and 55 banking offices throughout the central, eastern, western and shoreline areas of the state.

More information is available at www.liberty-bank.com.

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