| 
iStock photo illustration
ATI Restoration
Jen Capobianco Petras, business development manager at Wilmington-based ATI Restoration, was honored by the Institute of Real Estate Management Boston Metropolitan Chapter No. 4 as its 2020 Industry Partner of the Year.
Avidia Bank
Hudson-based Avidia Bank has promoted Don Frost to executive vice president of consumer banking and Nick Karmelek to executive vice president and chief risk officer.
BankProv
Amesbury-based BankProv has promoted Kevin Barton to senior vice president and team leader of its search fund lending team.
BayCoast Bank
Swansea-based BayCoast Bank has promoted Lucia Rebelo to assistant vice president and business development officer.
Bristol County Savings Bank
Taunton-based Bristol County Savings Bank has hired Michael Asack to assistant vice president and manager of its Attleboro branch.
Federal Reserve Bank of Boston
The Federal Reserve Bank of Boston has hired Randy Balducci as senior vice president and leader of its FedNow payments system, expected to publicly launch in 2023.
Madison Park Development Corp.
Boston-based Madison Park Development Corp. has promoted two and hired one:
- Yvette Jordan has been promoted from operations and office manager to director of operations.
- Kelly Ransom has been promoted from communications manager to director of communications and public affairs.
- Tahara Samuel has been hired as community support coordinator after four years on the Boston Public Health Commissions’ Boston Trauma Response Team.
New Bedford Credit Union
New Bedford Credit Union named Berta Varao as it next president and CEO. Varao was NBCU’s chief operating officer for over eight years and replaces David Borges, who retired at the end of January after 40 years at the lender.
Peabody Properties
Braintree-based property manager Peabody Properties announced that staff member Leaveine Damas-Younge has received her Accredited Residential Manager credential through the Boston chapter of the Institute of Real Estate Management.
People’s United Bank
Bridgeport, Connecticut-based People’s United Bank has hired Stephen Hoffmann as managing director of utilities, power and renewable energy corporate banking as the lender stands up a new energy infrastructure-focused business unit.
Rockland Trust Co.
Hanover-based Rockland Trust Co. has hired Warren Manigault III as vice president and regional manager for the Worcester market as the bank expands in the area. Manigault was previously an assistant vice president and senior branch manager at Webster Five Cents Savings Bank.
The Sochet Cos.
Angela Cruz has been promoted to director of compliance at Braintree-based real estate developer The Sochet Cos.
Somerset Federal Credit Union
Somerset Federal Credit Union has named a new president and CEO following the retirement of Pamela Mello. The $177 million-asset lender will be led by Joseph Lajoie, formerly executive vice president and chief financial officer at Greenwood Credit Union in Warwick, Rhode Island.
