Washington Trust Adds Three New Business Banking Relationship Officers

Rhea-AI Summary

Washington Trust (WASH) has strengthened its retail banking business development team with the appointment of three experienced Business Banking Relationship Officers. The new team members - Marcus Charlemagne, Armen Janigian, and Peter Renden - will collaborate with the bank's retail branch network to provide tailored financial solutions to local businesses.

Marcus Charlemagne, a Washington Trust veteran since 2015, previously served as VP and Branch Manager. Armen Janigian brings over 40 years of banking industry experience, joining the bank in 2023. Peter Renden contributes more than 15 years of local and regional banking expertise, specializing in cash management systems and consumer lending.

WESTERLY, R.I., May 8, 2025 /PRNewswire/ -- The Washington Trust Company recently appointed three banking professionals to a newly-formed retail banking business development team.

The Business Banking Relationship Officers will work closely with Washington Trust's retail branch network, to deliver holistic, relationship-driven solutions to businesses across the Bank's footprint. Their focus is to uncover opportunities, understand the unique financial needs of local businesses, and provide tailored guidance and support.

Michelle Kile, Executive Vice President and Chief Retail Banking Officer, expressed enthusiasm for the new team, stating, "Our retail branches have long served as the backbone of our local communities. With the addition of Marcus, Peter, and Armen to our business banking team, we are reinforcing our commitment to being a true partner for businesses. Their expertise and collaborative approach will ensure that we continue to meet the evolving needs of local businesses, which in turn, helps all our communities thrive."

Meet Our New Business Banking Relationship Officers:

• Marcus Charlemagne offers a wealth of knowledge in banking solutions for small and mid-sized businesses. He has been with Washington Trust since 2015, and most recently served as Vice President and Branch Manager of Washington Trust's North Providence Branch.
  
  
• Armen Janigian brings extensive experience in business development and relationship management, with a proven track record of supporting local enterprises and fostering community growth. He has more than 40 years of experience at all levels within the banking industry and has been with Washington Trust since 2023.
  
  
• Peter Renden brings more than 15 years of experience with local and regional banking institutions to his new role at Washington Trust. He is highly skilled in providing exceptional service to individuals and businesses alike and has specialized knowledge in cash management systems and consumer lending.

For more information about Washington Trust's business banking services, visit: https://www.washtrust.com/commercial/small-business.

ABOUT WASHINGTON TRUST^®

Founded in 1800, Washington Trust is recognized as the oldest community bank in the nation, the largest state-chartered bank headquartered in Rhode Island and one of the Northeast's premier financial services companies. Washington Trust values its role as a community bank and is committed to helping the people, businesses, and organizations of New England improve their financial lives. The Bank offers a wide range of commercial banking, mortgage banking, personal banking and wealth management services through its offices in Rhode Island, Connecticut and Massachusetts and a full suite of convenient digital tools. Washington Trust is a member of the FDIC and an equal housing lender. Washington Trust is a subsidiary of Washington Trust Bancorp, Inc., a publicly-owned holding company which trades on NASDAQ: WASH. For more information, visit the Bank's website at www.washtrust.com or the Corporation's website at ir.washtrust.com.

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SOURCE The Washington Trust Company

FAQ

Who are the new Business Banking Relationship Officers at Washington Trust (WASH)?

The three new officers are Marcus Charlemagne (former VP and Branch Manager), Armen Janigian (40+ years banking experience), and Peter Renden (15+ years in local/regional banking).

What is the role of the new business development team at Washington Trust (WASH)?

The team will work with the retail branch network to deliver relationship-driven solutions to businesses, understand their financial needs, and provide tailored guidance and support.

How long has Marcus Charlemagne been with Washington Trust (WASH)?

Marcus Charlemagne has been with Washington Trust since 2015, most recently serving as Vice President and Branch Manager of the North Providence Branch.

What experience does Peter Renden bring to Washington Trust (WASH)?

Peter Renden brings over 15 years of experience with local and regional banking institutions, specializing in cash management systems and consumer lending.