Customers Bancorp announced the appointment of Sam Sidhu to the Board of Directors and as the new CEO.
Sam Sidhu is succeeding Jay Sidhu as CEO, effective January 1, 2026, in line with the succession plan.
Jay Sidhu will assume the role of Executive Chairman as part of the transition.
Succession Plan in Action
Sam Sidhu appointed as CEO following planned transition, enhancing continuity and strategic leadership.
Board Reinforcement
Sam Sidhu's appointment to the Board reinforces governance and supports long-term growth objectives.
Jay Sidhu's Legacy
Jay Sidhu's vision led Customers Bancorp's remarkable growth from a small institution to over $24 billion in assets.
- The appointment of Sam Sidhu signals a smooth transition in executive leadership at Customers Bancorp.
- Continuity in leadership and strategic planning are emphasized, ensuring the company's growth initiatives are supported.
- Sam Sidhu's extensive experience within Customers Bancorp and Customers Bank positions him well to lead the organization into the future.
The transition of leadership at Customers Bancorp highlights a strategic and seamless approach to succession planning, ensuring continued growth and success for the company.