Norwich, New York-based NBT Bank has named the man who expanded the bank’s operations into Maine as its new president and CEO.
According to NBT, the appointment of John Watt represents the culmination of a succession plan unanimously approved by the bank’s board of directors in May, when Watt was named president of the bank and NBT’s retiring President and CEO Martin Dietrich was elected chairman of the board. At its Dec. 16 meeting, the board also appointed Watt to serve as a director.
Watt joined NBT in 2014 to lead the bank’s expansion into Maine and establish a regional headquarters in Portland. He assembled a team of local bankers now headed by Regional President Kim Twitchell and was then tapped to provide executive leadership for a number of key areas at NBT, including the bank’s commercial and consumer lending, credit administration and marketing divisions.
Watt was promoted to executive vice president and joined NBT’s executive management team in 2015.
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