Peapack-Gladstone Financial Corporation (NASDAQ: PGC) and Peapack-Gladstone Bank announce the appointment of Karol Ciechanowski as Senior Managing Director, Commercial Private Banking specializing in providing commercial banking clients with an advice-led strategy. Karol is now a part of the Bank's commercial banking team and will focus on the southeastern New York State and the New Jersey marketplace.

Headquartered in Peapack-Gladstone Bank's Bedminster private banking location, Mr. Ciechanowski is responsible for growing the Bank's commercial banking business, expanding regional influence and building upon the Bank's success in the commercial banking arena. Karol joins the Bank after a successful 15-year career in the financial services industry as a former relationship manager at JP Morgan Chase and most recently at Citibank where he served as a director and area manager for the New York boroughs of Queens, Brooklyn and Staten Island as well as the State of New Jersey; at Citibank Karol led business banking teams while partnering with commercial banking peers responsible for relationship management, growth and portfolio retention of Citi's business banking clients.

Mr. Ciechanowski holds a Bachelor's degree in Marketing and Master's Degree in Marketing Management from St. John's University. He is deeply involved in various community not-for-profit organizations and is a USA swimming certified coach.

Peapack-Gladstone Financial Corporation is a New Jersey bank holding company with total assets of $3.47 billion as of March 31, 2016. Founded in 1921, Peapack-Gladstone Bank is a commercial bank that provides innovative private banking services to businesses, real estate professionals, non-profits and consumers, which help them to establish, maintain and expand their legacy. Through its private banking locations in Bedminster, Morristown, Princeton and Teaneck, its wealth management, commercial private banking and retail private banking divisions and its online platforms, Peapack-Gladstone Bank offers an unparalleled commitment to client service.