Customers Bancorp has announced the appointment of Sam Sidhu to its Board of Directors, effective January 1, 2026. The move follows the leadership succession plan the company outlined in July 2025 and reflects its focus on continuity, governance, and long-term growth.
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Sidhu currently serves as President of Customers Bancorp and President and Chief Executive Officer of Customers Bank. His appointment to the Board coincides with his transition into the role of Chief Executive Officer of Customers Bancorp on January 1, 2026. As part of the planned leadership evolution, founder and current CEO Jay Sidhu will step into the role of Executive Chairman while continuing his long-standing service on the Board.
Adding Sidhu to the Board reinforces leadership continuity as Customers Bancorp advances its strategic priorities. Sidhu first joined the Customers Bank Board in 2012 and has held several senior leadership roles, including Chief Operating Officer beginning in 2020, before becoming President and CEO of Customers Bank in 2021. His experience across operations, strategy, and growth initiatives has been central to the company’s success.
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“Sam has demonstrated exceptional leadership and strategic insight throughout his career at Customers Bancorp and Customers Bank,” said Dan Rothermel, Lead Independent Director. “His appointment formalizes the critical role he plays in shaping the company’s future and reflects the Board’s thoughtful approach to succession planning.”
Sidhu expressed appreciation for the Board’s confidence, noting that Customers Bancorp has built a strong, differentiated banking platform grounded in discipline, culture, and organic growth. He emphasized his commitment to working closely with the Board to support the bank’s long-term strategy and performance.
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Jay Sidhu, who founded Customers Bank with a vision to create a forward-thinking, client-focused institution, reflected on the organization’s transformation under his leadership. From a small, distressed bank with roughly $200 million in assets, Customers Bank has grown into a national banking platform with more than $24 billion in assets without relying on material acquisitions. He voiced strong confidence in Sam Sidhu’s leadership as the company enters its next chapter.
Today, Customers Bancorp stands among the nation’s top-performing banking companies, recognized repeatedly by American Banker and Forbes. With a technology-driven model, a Single Point of Contact service philosophy, and a strong Net Promoter Score well above industry averages, the company continues to differentiate itself in both commercial and consumer banking.
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