Community Bank System, Inc., parent company of Community Bank, N.A., has promoted DIMITAR KARAIVANOV to executive VP and chief operating officer of the company and the bank, effective Oct. 1. Karaivanov has served as executive VP of financial services and corporate development since joining Community Bank System in June 2021. In his role as chief […]
Community Bank System, Inc., parent company of Community Bank, N.A., has promoted DIMITAR KARAIVANOV to executive VP and chief operating officer of the company and the bank, effective Oct. 1. Karaivanov has served as executive VP of financial services and corporate development since joining Community Bank System in June 2021. In his role as chief operating officer, he will have oversight responsibilities for all banking, wealth management, employee-benefit services, and insurance operations and related business activities. Since joining the company, Karaivanov has led the banking company’s mergers and acquisition strategy and reshaped its wealth management, employee-benefit services, and insurance business units. In his new role, he will start to focus his attention on Community’s banking operations to help increase revenue growth, the company said.