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V O L . X X I X N O. X X V I I N OV E M B E R 2 7 , 2 0 2 3 24 B A N K I N G / F I N A N C E / I N S U R A N C E F O C U S C redit unions and banks around the state — includ- ing Saco & Biddeford Savings Institution, the Country Federal Credit Union, M&T Bank Savings Bank, Maine Savings Federal Credit Union and Androscoggin Bank — have announced significant personnel moves in recent weeks. Here is a roundup of recent new hires, promotions and retirements in the industry. Saco & Biddeford Savings promotes a longtime leader Bill Kany has been elevated to executive vice president and chief risk officer. e position will broaden the longtime employee's responsibilities while maintaining his current duties as in-house counsel. Kany clerked in the U.S. Claims Court in Washington, D.C., and then went to work for Smith & Elliott P.A. in Saco. He became a partner of the law firm in 1988. During his time there, one of his clients was Saco & Biddeford Savings, and in October 2010 he began working directly for the bank. "My dad retired as president of SBSI in 1995. I have been a cus- tomer of the bank for as long as I can remember," says Kany. "e bottom line is that SBSI is in my blood, and I have nothing but respect for this institution and its tradition of being a pillar of our communities. My promotion is an opportunity for me to be a part of the leadership that will perpetuate the traditions of SBSI while adding to the foundational character of this bank built by the leaders and employees who came before us." Kany's father, Alfred William "Bill" Kany Jr., who passed away in 2019, became president of Saco and Biddeford Savings in 1995. In his time at the savings bank, he hired both Mark Jones, the eventual president and Bob Quentin, who is now CEO who will retire at the end of the year. After the elder Kany's retirement, he stayed on as board chair until 2005. He remained active in the community, serving as president of the Biddeford Saco Chamber of Commerce, presi- dent of Saco Little League. He was a lifelong Rotarian and a Mason. In 2017, the younger Bill Kany was awarded the A. William Kany Jr. Community Service Award, named after his father. "is was a big honor for me," says Bill Kany. "I did try to follow in my father's footsteps by being active in the community, but those were huge shoes to fill. I, too, was the president of the Biddeford Saco Chamber. I, too, have been a lifetime Rotarian and past president of our club. I was on the board at ornton Academy for 12 years, and I was on the board at the Center for Grieving Children for six years to name a few things my father inspired me to do." M&T Bank names Maine regional president M&T Bank appointed Phil Cohen to take over as Maine regional president after Dan ornton, who retired in May. Cohen most recently served as group manager for the commercial real estate teams in Maine and New Hampshire, this is a role he will con- tinue to fill. ornton had served as Maine regional president of People's United Bank going back to 2013. When People's was acquired by Buffalo- based M&T Bank a year ago, ornton was kept on as the Maine president. Cohen will work with M&T's com- munity bank leadership team, which includes members from its retail, business banking, wealth management and charitable teams. He will also P H O T O / T I M G R E E N WAY P H O T O / C O U R T E S Y O F S A C O & B I D D E F O R D S AV I N G S Phil Cohen, M&T Bank's regional president for Maine. Personnel moves in the banking industry A roundup of recent new hires, promotions and retirements in the banking industry B y A l e x i s W e l l s Bill Kany, executive vice president and chief risk officer at Saco & Biddeford Savings.

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