Metropolitan Commercial Bank (the “Bank,” “MCB”), a New York City-based full-service commercial bank, announced today the appointment of Gregory Gaare as Senior Vice President and Chief Risk Officer, Theodore George Andreades as Senior Vice President and Bank Secrecy Act/Anti-Money Laundering Officer, and John M. McCaffery as Senior Vice President and Treasurer.
Metropolitan Commercial Bank (MCB) is pleased to announce the appointment of Gregory Gaare as Senior Vice President and Chief Risk Officer, Theodore George Andreades as Senior Vice President and Bank Secrecy Act/Anti-Money Laundering Officer, and John M. McCaffery as Senior Vice President and Treasurer.
Mark R. DeFazio, President and CEO of Metropolitan Commercial Bank, stated, ‘We are thrilled to welcome Greg Gaare, Ted Andreades, and John McCaffery to our team. Their extensive experience in risk management and finance, gained from reputable financial institutions, will be invaluable as we continue to expand and innovate in today’s dynamic regulatory environment.’
Gregory Gaare brings over three decades of risk management expertise from positions at Flagstar Bank, N.A., Barclays Bank PLC, and the Federal Reserve Bank of New York. With a Master of Business Administration (MBA) from New York University, Gaare will lead the bank’s risk management initiatives.
Theodore Andreades, a Certified Anti-Money Laundering Specialist (CAMS) with 37 years of experience, joins as the BSA/AML Officer. His previous roles include contributions at New York Community Bank (NYCB) and J.P. Morgan Chase, bringing deep expertise in AML, BSA, and compliance.
John McCaffery, with over four decades of finance experience, will serve as Treasurer. His background includes senior finance roles at Dime Community Bancorp and Capital One N.A. McCaffery holds a Bachelor of Business Administration (BA) from Hofstra University.
Together, these appointments reflect MCB’s commitment to maintaining excellence and innovation in commercial banking.”
