M&T Bank Welcomes Jeff Carpenter as New Regional President for Massachusetts

M&T Bank Appoints Jeff Carpenter as Regional President for Massachusetts



In a significant leadership move, M&T Bank (NYSE: MTB) has appointed Jeff Carpenter as the new Regional President for Massachusetts, effective February 2, 2026. With over 20 years of banking experience, Carpenter is set to strengthen the bank's commitment to community service and drive growth in the region.

A Leader with Depth of Experience


Carpenter is not new to M&T Bank. Prior to this role, he served as Executive Vice President and the Head of Specialty and Corporate Banking since 2023. His extensive expertise in corporate banking positions him well to lead the bank’s regional teams, including retail, business, and wealth management divisions. His familiarity with the company’s culture and strategies will aid in further enhancing customer relationships and expanding the bank's community engagement.

Augie Chiasera, M&T Bank's Senior Executive Vice President and Head of Community Markets, remarked on the significance of Carpenter’s elevation to this role. "Jeff's appointment represents our commitment to having strong local leadership as we continue expanding our presence throughout New England," Chiasera stated. "His extensive knowledge in specialty banking and capital markets will be vital in driving growth and enhancing our community impact in Massachusetts."

Community Engagement and Leadership


Jeff Carpenter is dedicated to fostering collaboration and community involvement. As Regional President, he will lead a team based in Boston, coordinating efforts across various banking sectors. Carpenter’s proactive engagement in local initiatives is evident as he continues to serve on several community boards, including the YMCA of Greater Boston, Just Living Communities, and the Greater Boston Chamber of Commerce. This commitment aligns with M&T Bank’s ethos of being deeply integrated within the communities it serves.

"I am honored to lead this extraordinary team at M&T Bank and strengthen our impact while supporting innovation in Massachusetts," Carpenter expressed. "Choosing where to bank is personal, and we combine the strength of a large bank with local, tailored service that resonates with our customers."

Commitment to Growth and Innovation


With the Massachusetts headquarters strategically located at the intersection of innovation and education, Carpenter is set to deepen partnerships across sectors such as medical research and higher education, fostering a thriving workplace culture. His vision aims to ensure that M&T Bank remains an adaptable and innovative financial institution.

Carpenter emphasized the essence of customer service, stating, "I look forward to collaborating with the team to enhance client service, helping individuals grow their businesses, buy homes, and reach their financial goals." This ethos encapsulates the bank's overall strategy of prioritizing client relationships and community-focused service.

M&T Bank's Local Impact


M&T Bank employs approximately 678 individuals across its corporate offices and a network of 61 branches in Massachusetts. The bank is recognized as one of the top charitable organizations in the state, with nearly $5 million donated to local nonprofits last year. Additionally, employees contributed over 7,300 hours of volunteer service, reflecting a strong commitment to giving back to the community.

Carpenter’s appointment marks an exciting chapter for M&T Bank in Massachusetts, as the institution aims to further its mission of serving both customers and communities with excellence and dedication. For more information about M&T Bank, visit www.mtb.com. M&T Bank is an equal housing lender and a member of the FDIC.

Topics Financial Services & Investing)

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