BankMobile, America's first absolutely no-fee digital bank, announced that Jay Sidhu, Chairman and CEO, was conferred with an honorary degree from Albright College during its 157th Commencement on May 22, 2016.
One of the most renowned figures in the world of digital banking, Sidhu is also the leader for BankMobile Technologies and Customers Bancorp Inc., an almost $9 billion asset bank in Wyomissing, PA.
"It is a true privilege to be awarded this degree from Albright College, a prestigious school with which we share a community," stated Sidhu.
Sidhu has a wide array of experience, especially in banking, as well as business, finance and marketing. This degree marks the value of his impact on the growth of Greater Reading area.
BankMobile was established with daughter Luvleen Sidhu in January 2015. Luvleen, a millennial herself, has contributed vastly to making the bank student friendly. Its lucrative offers are well recognised among the customers whose number keeps increasing, cited to reach 2 million by June 30, 2016.
Sidhu’s association with banking has been long and fantastic. Before leading Customers Bank, he was the Founder, Chairman and CEO of Sovereign Bancorp Inc. and led them to become the 17th largest in the country. Under Sidhu, it rose from an Initial Public Offering of $12 million to the formidable market cap of $12 billion.
His life has been laden with accolades such as – Financial World's CEO of the Year, Turnaround Entrepreneur of the Year, and he was also named as the Large Business Leader of the Year by the Chamber of Commerce.
Sidhu also has a fabulous academic background—Wilkes University for Master of Business Administration and Harvard Business School from where he graduated in Leadership Course.
Customers Bank is a subsidiary of Customers Bancorp, Inc., a bank holding company in Wyomissing, Pennsylvania and has an illustrious board of directors that includes the founder of London-based C&C Alpha Group, Bhanu Choudhrie.
One of the most renowned figures in the world of digital banking, Sidhu is also the leader for BankMobile Technologies and Customers Bancorp Inc., an almost $9 billion asset bank in Wyomissing, PA.
"It is a true privilege to be awarded this degree from Albright College, a prestigious school with which we share a community," stated Sidhu.
Sidhu has a wide array of experience, especially in banking, as well as business, finance and marketing. This degree marks the value of his impact on the growth of Greater Reading area.
BankMobile was established with daughter Luvleen Sidhu in January 2015. Luvleen, a millennial herself, has contributed vastly to making the bank student friendly. Its lucrative offers are well recognised among the customers whose number keeps increasing, cited to reach 2 million by June 30, 2016.
Sidhu’s association with banking has been long and fantastic. Before leading Customers Bank, he was the Founder, Chairman and CEO of Sovereign Bancorp Inc. and led them to become the 17th largest in the country. Under Sidhu, it rose from an Initial Public Offering of $12 million to the formidable market cap of $12 billion.
His life has been laden with accolades such as – Financial World's CEO of the Year, Turnaround Entrepreneur of the Year, and he was also named as the Large Business Leader of the Year by the Chamber of Commerce.
Sidhu also has a fabulous academic background—Wilkes University for Master of Business Administration and Harvard Business School from where he graduated in Leadership Course.
Customers Bank is a subsidiary of Customers Bancorp, Inc., a bank holding company in Wyomissing, Pennsylvania and has an illustrious board of directors that includes the founder of London-based C&C Alpha Group, Bhanu Choudhrie.
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