Bryn Mawr Trust Appoints Adam Bonanno as SVP, CTO

1/4/19

Adam Bonanno

BRYN MAWR, Pa., Jan. 04, 2019 (GLOBE NEWSWIRE) -- Bryn Mawr Bank Corporation (NASDAQ: BMTC), parent of The Bryn Mawr Trust Company, has announced the appointment of Adam Bonanno as Senior Vice President and Chief Technology Officer (CTO) of BMT. Mr. Bonanno reports directly to President and CEO Frank Leto.

Mr. Bonanno is responsible for BMT’s technology strategy, operations, security and business plans. He also manages all technology investments, projects, and related resources.

“Adam’s hiring is consistent with our strategy of adding talent to the BMT team to ensure we are well positioned to compete and succeed in today’s rapidly changing technology environment,” said Frank Leto. “In Adam, we add a seasoned leader with deep IT expertise and a track record of collaborating and innovating in the IT space. We have made significant investments in technology and Adam will lead our efforts to maximize the return on these investments as well as guide and inform us as we execute on our long-term vision for Bryn Mawr Trust,” continued Mr. Leto.

Mr. Bonanno has 19 years of experience leading technology transformation across all aspects of IT management including software development, systems integration, cybersecurity, governance, data sciences, and predictive analytics. Most recently Mr. Bonanno was Chief Data Officer and the Innovation & Optimization Services Senior Vice President at BB&T. Previously he was the Chief Information Officer and CTO at Susquehanna Bancshares, Inc. Prior to working in the banking industry, he worked in the aerospace and defense industry for Vencore, now Perspecta, as their Chief Information Security Officer and for Lockheed Martin in systems architecture and information security leadership roles.

Mr. Bonanno earned a Master of Science in Computer Science from Rensselaer Polytechnic Institute and a Bachelor of Science, also in computer science, from Millersville University. He also earned his CIO Leadership certificate from the MIT Sloan School of Management. Finally, he is a Certified Information Systems Security Professional (CISSP) and an Information Systems Security Architecture Professional (ISSAP).

Bryn Mawr Bank Corporation (NASDAQ: BMTC), including its principal subsidiary, The Bryn Mawr Trust Company (BMT), was founded in 1889, and is headquartered in Bryn Mawr, Pa. BMT is a locally managed, premier financial services company providing retail and commercial banking; trust administration and wealth management; and insurance and risk management solutions. Bryn Mawr Bank Corporation has $4.4 billion in corporate assets and $13.9 billion in wealth assets under management, administration, supervision, and brokerage (as of 9/30/18). Today, the company operates 43 banking locations, six (6) wealth management offices and three (3) insurance and risk management locations in the following counties: Montgomery, Chester, Delaware, Philadelphia, and Dauphin Counties in Pennsylvania; New Castle County in Delaware; and Mercer and Camden Counties in New Jersey. For more information, visit bmtc.com.

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