Having the chance to head Philadelphia and South Jersey operations for a bank four times the size of his current employer was an opportunity too good for Christopher McGill to pass up. The veteran banker accepted a role last week as market president of Philadelphia and South Jersey for Bryn Mawr Trust Co. just days after he resigned from his position at DNB Financial Corp., writes Jeff Blutmenthal in the Philadelphia Business Journal.
“As a spectator, I was impressed with [last year’s $138.5 million acquisition of Royal Bancshares of Pa.] and the chance to work at a bank that size,” McGill said. “What I enjoy most is getting out and meeting people. I’ll be able to do that and make sure they are aware of all the services at Bryn Mawr Trust.”
McGill will report to Tylus. Bryn Mawr also hired earlier this year Jennifer Dempsey Fox, a veteran of PNC, JPMorgan and Wells Fargo, to lead its $13 billion-asset wealth management division, giving the company a deeper management bench under Leto.
Bryn Mawr bought insurance brokerages in Old City in May and in Chestnut Hill a year ago to go along with its retail branches in Center City, Northern Liberties, Roxborough and the Northeast.
The bank’s growth strategy with its fee business had been to enter markets with an anchor business line that is more often than not its wealth management unit. Then it build out full service operations from there. It has implemented that plan in Hershey, Pa. and Greenville, Del.