Customers Bancorp, Inc. announced on July 25, 2025, a significant executive leadership transition. Jay Sidhu, the current Chairman and CEO, will retire from his CEO role and transition to Executive Chairman, effective January 1, 2026.
Sam Sidhu, who currently serves as President of Customers Bancorp and President and CEO of Customers Bank, has been appointed to succeed Jay Sidhu as CEO. Jay Sidhu will continue to serve as Executive Chairman of both Customers Bancorp and Customers Bank and remain on the Board of Directors.
This planned succession ensures leadership continuity and leverages Sam Sidhu's experience, under whose leadership the Bank has embraced technological advances, expanded product offerings, and doubled its assets. The transition is expected to maintain the company's strategic direction and commitment to client-focused banking.
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