Bank News

Reyno Giallongo, Chairman & CEO, First County Bank Named Chairman, Board of Directors of The Business Council of Fairfield County

The Business Council of Fairfield County today announced the election of several officers of its Board of Directors. Reyno A. Giallongo, Jr., Chairman & CEO, First County Bank, has been named Chairman; James Fitzgerald, EVP, Northeast Commercial Division, Wells Fargo Bank N.A. has been named Vice Chairman and Pamela Elkow, Partner, Metro NY, Robinson & Cole LP has been named Secretary. Additionally, Kenneth Seel, Office Managing Partner, KPMG LLP and Janet Steinmayer, CEO, Appleseed Food Frontiers, LLC have been appointed to the Board’s Executive Committee.

On the selection of Rey Giallongo, Christopher P. Bruhl, President & CEO, The Business Council of Fairfield County stated, “Rey’s investment in the economic health of the region and his involvement in the issues central to the Fairfield County community, made him an ideal choice to lead the Business Council as Chairman. For the past three years, Rey has served as a director and has led our small business growth network. The work of The Business Council will greatly benefit from the dedication of his leadership and expertise that he will now lend as Chair.”

“I am excited by the opportunities this new role brings,” commented Rey Giallongo. “The Business Council and its membership have a strong history of applying solid data and discourse to the issues that impact the quality of life in the region. I look forward to continuing in that tradition, and hopefully deepening our impact in the years ahead.”

Reyno “Rey” A. Giallongo, Jr., 58, is chairman and chief executive officer at First County Bank. Giallongo directs and controls the bank’s daily operations to ensure goals and objectives are met. Through division/department heads, his responsibilities include retail banking, marketing, business banking, trust and investments, human resources, information technology and risk management. He participates in short- and long-term planning; ensures compliance with all applicable regulations; and participates in establishing overall direction and mission of the bank. He was promoted to his current position in July 2011. In addition, he is the president of the First County Bank Foundation.

In April 2010, Giallongo was promoted to president and chief operating officer. He was responsible for business development and management of the bank’s portfolio of commercial and small business relationships, and oversaw the bank’s trust and investments division, now known as First County Advisors. Prior to joining First County Bank in 2002, Giallongo spent 25 years at Wachovia Bank most recently as chief operating officer of risk management in the Northeast, based in Stamford. Giallongo was responsible for risk oversight of the bank’s commercial portfolios in Connecticut, New York, New Jersey and Pennsylvania.

Giallongo is vice chairman and a member of the board of commissioners of the Stamford Downtown Special Services District and serves as board member and secretary of the Housing Development Fund.

In addition, Giallongo serves The Ferguson Library and The Boy’s and Girl’s Club of Stamford as a citizen advisor. He is immediate past president of United Way of Western Connecticut and president of Fairfield County Bankers Association, and serves as a trustee of the YMCA of Stamford. He also volunteers at Puppies Behind Bars, a New York based nonprofit.

Previously, Giallongo volunteered at the Stamford and Norwalk Chambers of Commerce, United Way of Stamford, New Neighborhoods Inc., the Datahr Rehabilitation Center, Neighborhood Housing Services of Stamford and Norwalk, Family and Children’s Services, Stamford Hospital Foundation, Junior Achievement of Southwestern Conn. and South End Housing Development Corp.

Giallongo earned a master’s degree in business administration and finance from Babson College in 1977, and earned a bachelor’s degree in business administration from Salem State University in 1976. He also graduated from Stonier Graduate School of Banking in 1983.

About The Business Council of Fairfield County

Over the past decade, The Business Council of Fairfield County has emerged as a nationally respected and influential regional network of business leaders, committed to strengthening the economic vitality of our region and the performance of its member firms through research-based public policy initiatives, information services and network building programs. It was formed in 1970 by the merger of three existing organizations, the oldest of which had been founded in 1890. Today, The Business Council of Fairfield Fairfield County is a private, not-for profit corporation governed by a volunteer board of senior executives and served by a professional staff. It has more than 200 corporate and non-profit institution members.

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