• Washington Trust Bancorp, Inc.
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  • Washington Trust Elects Santos to Boards of Corporation and Bank
    Company Release - 06/18/2012 16:03

    Certified Internal Auditor Brings Years of Experience to Bank Boards

    WESTERLY, R.I.--(BUSINESS WIRE)-- Washington Trust Bancorp, Inc. (NASDAQ Global Select®: WASH), Rhode Island's largest independent bank and the publicly owned holding company of The Washington Trust Company, has announced the election of Edwin J. Santos, Chairman of the Board of Rhode Island's newest hospital system, CharterCARE Health Partners, to the respective Boards of Directors of the Corporation and the Bank.Santos serves as a member of the Corporation’s Audit Committee.

    Edwin J. Santos, Chairman of the Board of CharterCARE Health Partners, has joined the Board of Washington Trust Bancorp, Inc. (Photo: Business Wire)

    “We are pleased and honored to have Ed as a member of our Board of Directors,” stated Joseph J. MarcAurele, Washington Trust Chairman, President, and Chief Executive Officer. “His broad experience in the financial industry and strong reputation in the Rhode Island community will serve us well.”

    Santos, a Certified Internal Auditor, has 28 years of experience in the financial services industry and is recognized as a leader in the internal audit profession, with experience in operating risk management, corporate governance and management advisory services. Most recently, Santos was Group Executive Vice President and General Auditor for Citizens Financial Group, a $132 billion multi-state bank holding company and one of the nation's largest banks. Previously, he was the Chief Auditor for FleetBoston Financial Group's global operations, overseeing approximately 300 employees in various audit, compliance and operating risk functions throughout the U.S. and Latin America. He also served on Fleet's Leadership Advisory Council, and participated in all major acquisitions, mergers and reengineering efforts during Fleet's growth to a $200 billion financial services company.

    A dedicated community leader, Santos donates his time and expertise to a number of board affiliations. In addition to serving as Chairman of CharterCARE Health Partners, he serves as Vice Chairman of the Board of Crossroads R.I., Co-Vice President of the Board of Rocky Hill School, and is a member of the Board of Directors of Delta Dental of R.I.He previously served as Chairman of Roger Williams Medical Center and as Vice Chairman of the Board of Trustees of Bryant University. A graduate of Bryant University, Mr. Santos was also the recipient of the R.I. Black Heritage Society Award for Labor and Enterprise in 2008.

    Washington Trust Bancorp, Inc., is the parent of The Washington Trust Company, a state-chartered bank headquartered in Westerly, Rhode Island.Founded in 1800, Washington Trust is the oldest community bank in the nation and is the largest independent bank headquartered in Rhode Island. Washington Trust offers a full range of financial services, including commercial banking, small business banking, personal banking, and wealth management and trust services through its offices located in Rhode Island, southeastern Connecticut and eastern Massachusetts. The Corporation’s common stock trades on The NASDAQ Global Select® Stock Market under the symbol WASH.Investor information is available on the Corporation’s web site: www.washtrust.com.

    Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=50314080&lang=en

    Elizabeth B. Eckel, 401-348-1309
    Senior Vice President,
    Marketing and Investor Relations

    Source: Washington Trust Bancorp, Inc.