LONG ISLAND CITY, NY – Alma Bank has officially announced the appointment of Nancy Papaioannou to the high level position of Senior Advisor, adding a distinguished banking executive to its leadership.

Papaioannou, who served for eight years as President of The Atlantic Bank Division of New York Community Bank, will report directly to President and CEO Michael Psyllos and will focus on business and relationship development, according to the announcement.

Psyllos praised Papaioannou, expressing confidence that Alma Bank will benefit from her experience and expertise and noting that “her customer focus and dedication to communities have been validated time and time again.”

He added that, “Nancy has been a part of the Banking sector in New York for more than three decades, and brings with her perspective, knowledge and expertise to an ever-evolving environment… She possesses not only a strong understanding of where Community Banking is today, but where it’s going and what’s needed for it to thrive.”

Alma Bank’s announcement also noted the fact that Papaioannou already has more than 40 years of experience in banking in the United States and Greece, including more than eight years during which she served as the first Greek-American woman president of Atlantic Bank, as well as the fact that she is considered a role model for young women professionals, both in banking and in other fields.

The statement noted as well that, ”giving back to communities has been a cornerstone of Papaioannou’s career. She devotes her time and energy to many philanthropic and social endeavors, with a focus on amplifying Greek culture and heritage while serving and supporting Greek-American and Cypriot-American businesses.”

Papaioannou holds a Bachelor of Arts degree in Accounting and Business Administration from Marymount Manhattan College. She has also served as President of the Hellenic American Chamber of Commerce, which she currently serves as Chair of the Advisory Committee.

Papaioannou is also a member of the Board of Directors of Mount Sinai Queens Hospital and the National Hellenic Society (NHS). She is an active member of the Archibishop Iakovos Leadership 100 endowment fund and the Philoptochos of the Archdiocesan Cathedral of the Holy Trinity in Manhattan, and is involved in other philanthropic organizations.

Papaioannou has received significant honors and is considered one of the most dynamic and innovative Greek women professionals abroad.