Peapack-Gladstone Financial Corporation and Peapack Private Bank & Trust have announced the appointment of Elizabeth Martone as Senior Managing Director, Group Director. Martone will operate from the Bank's Park Avenue Office in New York City as part of James Handal's leadership team, where she is expected to play a pivotal role in the organization's strategic initiatives.
Martone brings 25 years of financial services experience to Peapack Private, with a proven track record in building and managing high-value client relationships, driving business development, and enhancing operational efficiency. Her appointment signals the bank's continued focus on strengthening its leadership in the competitive New York financial market. Most recently, she served as Senior Vice President, Commercial Private Banking at BankUnited in Melville, NY, where she led a team of associates and provided guidance to enhance client experience while cultivating new business opportunities across high-net-worth individuals, companies, and referral networks.
Prior to her role at BankUnited, Martone served as Managing Director at The Montauk Group, where she collaborated in developing and implementing comprehensive global banking relationship management strategies to strengthen client relationships and optimize financial and operational performance. Her earlier positions include Vice President, Cash Management at Herald National Bank in New York; Vice President, Private Banking at Capital One; and Vice President, Cash Management Team Lead at North Fork Bank. This diverse background across multiple financial institutions provides her with broad industry perspective and expertise.
The appointment comes as Peapack Private continues to expand its wealth management and banking services. The bank, which was founded in 1921, offers a client-centric approach to banking with customized wealth management, investment banking, commercial and personal banking solutions. According to company information, Peapack-Gladstone Financial Corporation had total assets of $7.4 billion and assets under management and/or administration of $12.9 billion as of September 30, 2025. The bank's wealth management division provides comprehensive financial, tax, fiduciary and investment advice to individuals, families, privately held businesses, family offices, and not-for-profit organizations.
Martone's educational background includes a Bachelor of Arts degree in Psychology, Philosophy and Education from Siena College. Her appointment represents a strategic move for Peapack Private as it seeks to enhance its presence in the New York market and strengthen its leadership team with experienced professionals who can drive growth and improve client services. The bank emphasizes its commitment to client service and customized solutions, which aligns with Martone's experience in relationship management and business development.
For more information about Peapack Private Bank & Trust, visit https://www.peapackprivate.com. Additional details about this announcement can be found at https://www.newmediawire.com.
