Board Committees

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By CommitteeBy Member
Member Name
Devinder P.S. Bhasin
Committee Name
Compensation
Executive
Governance/Nominating
Risk
View Bio
Mr. Bhasin is Chief Executive Officer of D.B. Concepts, Inc., a privately held company that operates franchised restaurants with locations throughout East Pennsylvania. In addition, Mr. Bhasin is the founder and president of various related private companies that own the restaurants and related real estate. Prior to starting D.B. Concepts, Inc. in 2000, he held various technology and business management positions with Air Products & Chemicals, Inc.
Bhanu Choudhrie
Committee Name
Audit
Compensation
Governance/Nominating
Risk
View Bio
Mr. Choudhrie recently rejoined C&C Alpha Group Ltd., a London-based private equity group, as Executive Director. Mr. Choudhrie previously served in that same position from 2006 to 2014, and prior to that, he was the Executive Director of C&C Business Solutions. A private equity investor with investments in the United States, United Kingdom, Europe and Asia, Mr. Choudhrie is currently a director of Customers Bancorp in Southeast Pennsylvania and Quatro Management in New York.
John J. Dolan
Committee Name
Audit
Executive
Risk
View Bio
Mr. Dolan, who is Vice Chairman of the Board of Directors, has been the Managing Member of Dolan Finance, LLC since February 2015. Dolan Finance serves as the general partner for Dolan Real Estate Finance, LP, a newly formed private investment fund that finances short-term commercial real estate transactions. Mr. Dolan retired in 2011 from First Commonwealth Financial Corporation, where he served as the President and Chief Executive Officer of First Commonwealth after serving as Chief Financial Officer for 20 years. Mr. Dolan also was a director of First Commonwealth from 2007 to 2011. While at First Commonwealth, Mr. Dolan helped transform it from a bank with $200 million in assets to a publicly traded bank holding company with $6 billion in assets.
James D. Hogan
Committee Name
Risk
View Bio
Mr. Hogan has served as a Director of the Company since 2013 and subsequently was named Interim Chief Financial Officer, a role that he continued to serve in until 2014. After his initial service as Interim Chief Financial Officer, Mr. Hogan assumed the position of Chief Risk Officer of the Company and again served as Interim Chief Financial Officer starting in January 2015. Upon the Company's appointment of a permanent Chief Financial Officer in May 2015, he retired from his positions in the Company, but continues as a Director. Prior to joining Atlantic Coast, Mr. Hogan served as Executive Vice President and Interim Chief Financial Officer of Customers Bancorp, Inc. from 2012 to 2013, and as Customers Bank's Executive Vice President and Director of Enterprise Risk Management from 2010 to 2012. From 2005 to 2010, Mr. Hogan was retired, but continued to work occasionally, primarily in private consulting. From 2001 to 2005, he was Chief Financial Officer and Executive Vice President of Sovereign Bancorp.
W. Eric Palmer
Committee Name
Audit
Compensation
Governance/Nominating
View Bio
Mr. Palmer has been employed by the Mayo Clinic in Jacksonville, Florida, for the past 23 years. Mr. Palmer currently serves as an Operations Administrator for the Affiliated Practice Network. He previously served as the Operations Manager for Primary Care, the Director and Section Head of Patient Financial Services and as Section Manager of Accounts Receivable at the Mayo Clinic. Mr. Palmer is active in a number of Jacksonville area civic organizations.
Jay S. Sidhu
Committee Name
Executive
Risk
View Bio
Mr. Sidhu, since 2009, has served as the Chairman and CEO of Customers Bancorp, headquartered in Southeast Pennsylvania. From 2006 to 2009, Mr. Sidhu was Chairman and CEO of Sidhu Advisors, LLC, a private equity and financial services consulting company. Previously, he served as Chairman and CEO of the Philadelphia-based Sovereign Bank, where he was employed from 1986 until 2006. Under Mr. Sidhu’s leadership, Sovereign grew from a small thrift with less than $1 billion in assets to a nearly $90 billion financial institution, with a branch network of 800 locations serving customers from Maryland to New Hampshire. Mr. Sidhu has extensive experience in the financial services industry, as well as a capital markets background.
John K. Stephens Jr.
Committee Name
Executive
Risk
View Bio
Mr. Stephens was named President and Chief Executive Officer of both Atlantic Coast Financial Corporation and Atlantic Coast Bank in 2013 and, at the same time, became a Director of Atlantic Coast Financial Corporation. Mr. Stephens is a 24-year veteran of the banking and financial services industry. From 2011 to 2013, he was President of Orlando, Florida-based Tower Bridge Capital, a privately held mezzanine debt and strategic advisory firm focused on emerging growth companies. From 2006 to 2011, Mr. Stephens served as Chief Lending Officer for the Central and North Florida operations of Fifth Third Bank, N.A., overseeing a loan portfolio of almost $2 billion and was responsible for strategic leadership for all wholesale banking activities in that market area.

CHAIRPERSON = CHAIRPERSON
CHAIRMAN OF THE BOARD = CHAIRMAN OF THE BOARD
FINANCIAL EXPERT = FINANCIAL EXPERT
VICE CHAIRMAN OF THE BOARD = VICE CHAIRMAN OF THE BOARD


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