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Solomon Ponniah to Join Dime as Group Leader

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Dime Community Bancshares announced the hiring of Solomon Ponniah as Senior Vice President and Group Leader, strengthening its commercial lending division. Ponniah brings over 15 years of experience in Commercial Lending and joins from Popular Bank, where he served as Director of Business Banking.

The strategic hire aligns with Dime's expansion plans in the NYC metro area. CEO Stuart H. Lubow emphasized that bringing Ponniah on board supports their growth objectives. Ponniah expressed enthusiasm about joining Dime, citing the bank's quick customer response, flat organizational structure, and growth trajectory as key factors in his decision.

Dime Community Bancshares ha annunciato l'assunzione di Solomon Ponniah come Senior Vice President e Group Leader, rafforzando la sua divisione di prestiti commerciali. Ponniah porta con sé oltre 15 anni di esperienza nel settore dei prestiti commerciali e arriva da Popular Bank, dove ha ricoperto il ruolo di Direttore del Business Banking.

Questa nomina strategica è in linea con i piani di espansione di Dime nell'area metropolitana di New York. Il CEO Stuart H. Lubow ha sottolineato che l'ingresso di Ponniah supporta gli obiettivi di crescita dell'azienda. Ponniah ha espresso entusiasmo per il suo ingresso in Dime, evidenziando la rapidità nella risposta ai clienti, la struttura organizzativa snella e la traiettoria di crescita della banca come fattori chiave nella sua decisione.

Dime Community Bancshares anunció la contratación de Solomon Ponniah como Vicepresidente Senior y Líder de Grupo, fortaleciendo su división de préstamos comerciales. Ponniah aporta más de 15 años de experiencia en préstamos comerciales y proviene de Popular Bank, donde se desempeñó como Director de Banca Empresarial.

Esta contratación estratégica está alineada con los planes de expansión de Dime en el área metropolitana de Nueva York. El CEO Stuart H. Lubow destacó que la incorporación de Ponniah apoya sus objetivos de crecimiento. Ponniah expresó entusiasmo por unirse a Dime, citando la rápida respuesta al cliente del banco, su estructura organizativa plana y su trayectoria de crecimiento como factores clave en su decisión.

Dime Community Bancshares는 상업 대출 부서를 강화하기 위해 솔로몬 포니아를 수석 부사장 겸 그룹 리더로 채용했다고 발표했습니다. 포니아는 상업 대출 분야에서 15년 이상의 경력을 보유하고 있으며, 이전에는 Popular Bank에서 비즈니스 뱅킹 이사로 근무했습니다.

이번 전략적 채용은 뉴욕 메트로 지역에서의 Dime의 확장 계획과 일치합니다. CEO 스튜어트 H. 루보우는 포니아의 합류가 성장 목표를 지원한다고 강조했습니다. 포니아는 Dime에 합류하게 되어 기쁘다며, 은행의 신속한 고객 대응, 평평한 조직 구조, 성장 궤적을 주요 결정 요인으로 꼽았습니다.

Dime Community Bancshares a annoncé l'embauche de Solomon Ponniah en tant que Senior Vice President et chef de groupe, renforçant ainsi sa division de prêts commerciaux. Ponniah apporte plus de 15 ans d'expérience dans le domaine des prêts commerciaux et rejoint Popular Bank, où il occupait le poste de directeur de la banque d'affaires.

Cette embauche stratégique s'inscrit dans les plans d'expansion de Dime dans la région métropolitaine de New York. Le PDG Stuart H. Lubow a souligné que l'arrivée de Ponniah soutient leurs objectifs de croissance. Ponniah a exprimé son enthousiasme à rejoindre Dime, citant la réactivité rapide de la banque envers ses clients, sa structure organisationnelle plate et sa trajectoire de croissance comme facteurs clés de sa décision.

Dime Community Bancshares gab die Einstellung von Solomon Ponniah als Senior Vice President und Gruppenleiter bekannt, um seine Abteilung für gewerbliche Kredite zu stärken. Ponniah bringt über 15 Jahre Erfahrung im Bereich Commercial Lending mit und kommt von der Popular Bank, wo er als Direktor für Geschäftskunden tätig war.

Diese strategische Einstellung passt zu Dimes Expansionsplänen im Großraum New York City. CEO Stuart H. Lubow betonte, dass die Verpflichtung von Ponniah die Wachstumsziele unterstützt. Ponniah zeigte sich begeistert von seinem Einstieg bei Dime und nannte die schnelle Kundenreaktion der Bank, die flache Organisationsstruktur und die Wachstumsaussichten als entscheidende Faktoren für seine Entscheidung.

Positive
  • Strategic hire of Solomon Ponniah with 15+ years commercial lending experience strengthens NYC metro expansion
  • Continued execution of geographic growth strategy in NYC metro market
  • Addition of senior leadership from Popular Bank indicates successful talent acquisition
Negative
  • None.

Dime Continues to Execute on Growth Plan and NYC Metro Buildout

HAUPPAUGE, N.Y., April 30, 2025 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (NASDAQ: DCOM) (the “Company” or “Dime”), the parent company of Dime Community Bank (the “Bank”) announced that it has hired Solomon Ponniah as Senior Vice President and Group Leader. Solomon comes to Dime with over 15 years of experience in Commercial Lending, most recently as Director of Business Banking at Popular Bank.

“I am excited to join Dime and be a part of their growth story. Dime’s ability to respond to customers quickly, their flat organizational structure, and their growth trajectory attracted me to join the Bank,” said Solomon.

Stuart H. Lubow, President and Chief Executive Officer of Dime, said “Hiring Solomon to our Commercial Lending division is consistent with our stated goal of growing our presence in the NYC metro area. Solomon is a well-regarded banker and bringing him on board is a solid win for Dime.”

ABOUT DIME COMMUNITY BANCSHARES, INC.

Dime Community Bancshares, Inc. is the holding company for Dime Community Bank, a New York State-chartered trust company with over $14 billion in assets and the number one deposit market share among community banks on Greater Long Island (1).

Dime Community Bancshares, Inc.
Investor Relations Contact:
Avinash Reddy
Senior Executive Vice President – Chief Financial Officer
Phone: 718-782-6200; Ext. 5909
Email: avinash.reddy@dime.com

 ¹ Aggregate deposit market share for Kings, Queens, Nassau & Suffolk counties for community banks with less than $20 billion in assets.

FORWARD-LOOKING STATEMENTS

Statements contained in this news release that are not historical facts are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks and uncertainties which could cause actual results to differ materially from those currently anticipated.


FAQ

Who is Solomon Ponniah and what is his new role at Dime Community Bank (DCOM)?

Solomon Ponniah is joining Dime Community Bank as Senior Vice President and Group Leader. He brings over 15 years of Commercial Lending experience and was previously the Director of Business Banking at Popular Bank.

How will Solomon Ponniah's appointment impact DCOM's NYC metro expansion plans?

Solomon Ponniah's appointment aligns with Dime's strategic goal of expanding their presence in the NYC metro area. As an experienced commercial lender, his hiring strengthens their commercial lending division and supports their growth trajectory.

What attracted Solomon Ponniah to join Dime Community Bank (DCOM) in 2025?

Solomon Ponniah was attracted to Dime Community Bank due to three main factors: their quick customer response time, flat organizational structure, and strong growth trajectory.

What is Dime Community Bank's (DCOM) current growth strategy in 2025?

Dime Community Bank is executing a growth plan focused on expanding their presence in the NYC metropolitan area, with a particular emphasis on strengthening their Commercial Lending division through strategic hires.

What experience does Solomon Ponniah bring to DCOM's commercial lending team?

Solomon Ponniah brings over 15 years of Commercial Lending experience to DCOM, most recently serving as Director of Business Banking at Popular Bank, making him a well-regarded addition to Dime's commercial lending team.
Dime Community Bancshares Inc

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