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Capital Bank Welcomes Anguel Lindarev as Chief Information Officer
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Capital Bank (CBNK) appoints Anguel Lindarev as Executive Vice President and CIO to lead IT strategy. Mr. Lindarev brings 25 years of experience in technology operations and digital transformation. Capital Bank aims to enhance banking platforms, customer experiences, and drive growth through innovative IT initiatives.
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ROCKVILLE, Md., April 05, 2024 (GLOBE NEWSWIRE) -- Capital Bank (NASDAQ: CBNK), a leading commercial bank in the DC Metro Region, is pleased to announce the appointment of Anguel Lindarev as Executive Vice President and Chief Information Officer (CIO), effective immediately. With more than 25 years of experience in leading technology and innovation strategies, Mr. Lindarev brings a wealth of knowledge and expertise to Capital Bank's executive team.
As CIO, Mr. Lindarev will partner with Capital Bank's CEO, Executive Management Team, and Board of Directors to spearhead the vision and leadership for the bank's IT Systems and Infrastructure. His role is pivotal in developing and implementing information technology initiatives that align with the bank's strategic goals to support innovation and growth. Mr. Lindarev will oversee all areas of technology, including infrastructure operations, information and cybersecurity, enterprise applications/integration, testing, software engineering, and strategic delivery.
"Anguel's impressive track record in leading technology operations and his forward-thinking approach to digital transformation make him the ideal leader to drive our IT strategy," said Ed Barry, CEO of Capital Bank. "His expertise will be instrumental in advancing our mission to offer innovative and secure banking solutions to our customers."
Prior to joining Capital Bank, Mr. Lindarev served as Executive Vice President, Chief Information Officer of American National Bank, where he led the development of a digital bank and Banking-as-a-Service business line. His extensive background also includes leadership roles at Comerica Bank and American Express, focusing on technology operations, data and cybersecurity, and digital innovation.
"I am thrilled to join Capital Bank and contribute to its distinguished legacy of excellence and innovation," said Anguel Lindarev. "I look forward to leveraging emerging technologies to enhance our banking platforms, improve customer experiences, and drive growth."
Capital Bancorp Inc., reported $2.2 billion in assets as of December 31, 2023, and was ranked #5 in American Banker’s Top 20 High Performing Banks 2023. The bank is known for its consultative approach and commitment to human-centric banking, serving commercial customers for over 25 years in the DC Metro Region. As a member of the Federal Reserve Bank system, Member FDIC, and Equal Housing Lender, Capital Bank is dedicated to helping customers achieve their financial goals while maintaining a strong fiduciary duty to its shareholders.
FAQ
Who is the new Executive Vice President and Chief Information Officer of Capital Bank?
Anguel Lindarev is the new Executive Vice President and Chief Information Officer of Capital Bank.
What is Anguel Lindarev's background?
Anguel Lindarev has over 25 years of experience in technology operations, data and cybersecurity, and digital innovation.
What is Capital Bank's total assets as of December 31, 2023?
Capital Bank reported $2.2 billion in assets as of December 31, 2023.
Where does Capital Bank rank in American Banker's Top 20 High Performing Banks 2023?
Capital Bank was ranked #5 in American Banker's Top 20 High Performing Banks 2023.
What is Capital Bank's focus in terms of customer service?
Capital Bank is known for its consultative approach and commitment to human-centric banking, serving commercial customers in the DC Metro Region.
capital bank, n.a., is a leading private bank in the washington, d.c. metropolitan area that offers a range of services encompassing cash management, commercial lending, consumer credit and residential mortgage/veterans administration home loans. capital bank’s core commercial banking and lending business includes two rankings by the u.s. small business administration (sba), ranked number two among community lenders and in the top ten among all lenders in the washington metropolitan district for loan volume for fiscal year 2014. capital bank was also ranked number 30 in the top 100 community banks in the u.s. for 2014 by snl financial in their annual ranking of best performing community banks between $500 million and $5 billion in assets. with double-digit asset growth over the past three years, capital bank has more than $650 million in assets and is well positioned to fulfill its culture of collaborative partnerships and solutions for area businesses and consumers nationwide. for mor