First County Bank’s board of directors announced Reyno “Rey” A. Giallongo, Jr., president and chief operating officer, has been promoted to chairman and chief executive officer. He replaces Thomas L. Bartram who retires on July 29 after 30 years of service to the bank. Bartram will continue as a non-executive board member.
“Rey’s extensive financial experience coupled with his strong ties to the Fairfield County community will serve the bank well in its efforts to expand its reach and presence around the county,” said Bartram, 62, during a retirement speech given at the Italian Center Wednesday night. “Under Rey’s leadership, First County Bank will leverage its platform of best-in-class banking operations, marketing, technology, training and finance to provide a truly unique and unparalleled service to our customers.” Replacing Giallongo as president and chief operating officer is bank veteran Katherine A. Harris.
“Ronald Reagan once said, ‘Surround yourself with the best people you can find, delegate authority, and don’t interfere as long as the policy you’ve decided upon is being carried out.’ It’s a philosophy I agree with and follow regularly,” said Giallongo. “You’re only as good as the people around you and the First County Bank team is made up of some of the brightest banking people I’ve ever met.
“I look forward to leading this team to bigger and better challenges ahead and am very grateful to the board for its confidence in me to take over the reins from Tom, who plans to spend well-deserved time golfing, traveling and enjoying life with his family,” Giallongo concluded.
As chairman and CEO, Giallongo will direct, plan and coordinator all activities of the bank. He will provide guidance to the board of directors and senior management in defining and establishing the bank’s mission, strategic plans and direction, as well as conceiving and initiating objectives and policies to ensure the bank’s sound condition and growth.
Prior to joining First County Bank in 2002, Giallongo spent 25 years at Wachovia Bank and its predecessors, most recently as chief operating officer of risk management in the Northeast, based in Stamford.
Giallongo is a member of the board of commissioners of the Stamford Downtown Special Services District and serves as a board member of the Housing Development Fund. He is president of United Way of Western Connecticut, president of Fairfield Bankers Association and serves as a trustee of the YMCA of Stamford. Giallongo also is a member of the board of directors of The Business Council of Fairfield County and The F.A. Bartlett Tree Expert Co., headquartered in Stamford, and he volunteers at Puppies Behind Bars, a New York-based nonprofit.