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The Bancorp appoints Damian Kozlowski as CEO and president

Staff writer | Wilmington, De., USA | May 26, 2016
Damian KozlowskiMay 26, 2016, Wilmington, De., USA - The Bancorp, Inc. and The Bancorp Bank, announced that Damian Kozlowski has been appointed CEO of The Bancorp, Inc., president of The Bancorp Bank and a director of the company and the bank, effective June 1, 2016.
Mr. Kozlowski joins The Bancorp after having served, since 2010, as Chief Executive Officer, President, and Director of Modern Bank, N.A.

Previously, Mr. Kozlowski served as Chairman and Chief Executive Officer of Alpha Capital Financial Group, Inc. (2007-2010). From 2000 to 2007, he was responsible for developing The Citigroup Private Bank’s global growth strategy.

At Citigroup Private Bank, Mr. Kozlowski managed 4500 employees in 98 offices in 31 countries; he served as Chief Executive Officer, Global Private Bank (2005-2007); President, US Private Bank (2002-2005); Chief Operating Officer and Chief Financial Officer (2001-2002); and Global Head of Business Development and Strategy (2000-2001).

He served as a member of Citigroup’s Operating and Management Committees, and was the ranking business leader on the Global Anti-Money Laundering Council.

His prior experience includes positions held at Banc of America Securities, Marakon Associates, Rostra Holdings and US Trust, which have equipped him with deep expertise in private equity, wealth management, and investment banking.

Mr. Kozlowski succeeds Interim Chief Executive Officer John C. Chrystal, who will work with Mr. Kozlowski to ensure a smooth transition. Mr. Chrystal will remain a Director of both the company and the bank.