Metropolitan Bank Holding Corp., the parent company of Metropolitan Commercial Bank, announced the promotion of Daniel F. Dougherty, CFA, to Executive Vice President and Chief Financial Officer. Dougherty assumes this role following the resignation of Greg Sigrist on Oct. 31. He will report directly to Mark R. DeFazio, President and Chief Executive Officer. In his new capacity, Dougherty will oversee treasury, investor relations, tax, capital planning, accounting, and financial reporting.

Dougherty joined Metropolitan Commercial Bank in July 2022 as First Vice President and Treasurer, bringing a distinguished 25-year banking career with significant roles at local and national banks. His prior positions include Executive Vice President and Treasurer at Investors Bank, Senior Vice President and Treasurer at Astoria Bank, Senior Vice President and Assistant Treasurer at Israel Discount Bank of New York, and Portfolio Manager positions at North Fork Bancorporation and GreenPoint Financial Corp.

He holds a Bachelor of Arts degree in Economics and Business from Stony Brook University, a Master of Business Administration degree in Finance from St. John’s University, and a Chartered Financial Analyst (CFA) charter from the CFA Institute. Dougherty is also an active member of the CFA Society of New York.

DeFazio said, "I am delighted that we were able to select our new CFO from within MCB’s talented team. Dougherty possesses a proven track record in driving growth in asset/liability and liquidity management, and he is a skilled leader recognized for forging strategic alliances to align operational decisions with financial objectives."

Dougherty said, "I eagerly anticipate the opportunity to continue fostering our entrepreneurial spirit while advancing growth and shareholder value in line with MCB’s strategic initiatives."