Now more than ever, there is a need and an opportunity for financial institutions like Amalgamated to play a leadership role in our communities. I am excited to take on this new role and continue working with the team at Amalgamated to show the true impact of values-based banking.
NEW YORK, March 15, 2019: Amalgamated Bank (Nasdaq: AMAL) announced today that Ivan Frishberg has been appointed as the Director of Impact Policy for the bank, effective immediately. As Director, Ivan will oversee the measurement of Amalgamated’s impact as it serves as a leader in values-based banking, and will drive the communication efforts in educating stakeholders and the public about this important work.
Ivan will lead Amalgamated’s impact efforts by spearheading and proactively engaging in strategic initiatives at the bank, such as the Amalgamated’s carbon and climate commitments. He will also oversee the bank’s curation of a triple bottom line, seek other innovative approaches to measurement of the bank’s social and environmental impact, and work to increase participation in advocacy efforts – both on behalf of shareholders and Amalgamated’s clients.
“I am thrilled to have Ivan at the helm directing our impact policy. With his accomplishments leading Amalgamated’s sustainability banking and his leadership in activating and fostering innovative, social and environmental impact initiatives, Ivan has proven his ability to drive positive change many times over,” said Keith Mestrich, the President and CEO of Amalgamated Bank.
“Now more than ever, there is a need and an opportunity for financial institutions like Amalgamated to play a leadership role in our communities. I am excited to take on this new role and continue working with the team at Amalgamated to show the true impact of values-based banking,” said Ivan Frishberg, newly appointed Director of Impact Policy at Amalgamated Bank.
Ivan will continue to serve on Amalgamated’s Commercial Banking team as First Vice President of Sustainability Banking, working with teams across the bank to continue to foster Amalgamated’s social impact efforts.
About Amalgamated Bank
For nearly a century, Amalgamated Bank has served as America’s socially responsible bank, supporting forward-thinking organizations, companies, and individuals across the country. We are an advocate for those working to make the world more just, compassionate and sustainable. Our extensive experience, financial knowledge and community of like-minded customers offer a unique set of financial tools to customers. Amalgamated is the country’s largest B Corp® bank and a proud member of the Global Alliance for Banking on Values. We don’t just have a mission. We are on a mission: to support those who support others, to invest in progressive and impactful causes and to advocate true financial opportunity for all.