Peapack Private Appoints Elizabeth Martone as Senior Managing Director to Strengthen Leadership

Peapack-Gladstone Financial Corporation and Peapack Private Bank & Trust announced that Elizabeth Martone has joined the organization as Senior Managing Director, Group Director. Operating from the Bank’s Park Avenue Office in New York City, she will play a pivotal role as part of James Handal’s leadership team. This appointment signals Peapack Private’s continued investment in executive talent to drive growth in key markets.

Martone brings 25 years of financial services experience with a proven track record of building and managing high-value client relationships, driving business development, and enhancing operational efficiency. Her most recent role was as Senior Vice President, Commercial Private Banking at BankUnited in Melville, NY, where she led a team focused on enhancing client experience and cultivating new business opportunities across high-net-worth individuals, companies, and referral networks. Prior to that, she served as Managing Director at The Montauk Group, where she helped develop comprehensive global banking relationship management strategies to strengthen client relationships and optimize performance.

Earlier in her career, Martone held vice president positions at Herald National Bank, Capital One, and North Fork Bank, specializing in private banking and cash management. She earned a Bachelor of Arts degree in Psychology, Philosophy and Education from Siena College. This background positions her to contribute significantly to Peapack Private’s client-centric approach, which emphasizes customized wealth management, investment banking, and commercial banking solutions.

The appointment comes as Peapack-Gladstone Financial Corporation, with total assets of $7.4 billion and assets under management and/or administration of $12.9 billion as of September 30, 2025, continues to expand its services. The bank’s wealth management division provides comprehensive financial, tax, fiduciary, and investment advice to individuals, families, privately held businesses, family offices, and not-for-profit organizations. Martone’s role is expected to bolster these offerings, particularly in the competitive New York market, where her experience in relationship management and business development aligns with the bank’s strategy to maintain and expand client legacies. For more information on the bank’s services, visit https://www.peapackprivate.com.

The original announcement was made via a press release, which can be viewed on https://www.newmediawire.com. This move underscores Peapack Private’s commitment to strengthening its leadership team with seasoned executives who can navigate complex financial landscapes and deliver superior service. By appointing Martone, the bank aims to enhance its operational efficiency and client engagement, reinforcing its reputation for high-quality products and innovative solutions in the banking sector.