SYRACUSE — M&T Bank announced it has appointed Scott A. Shatraw to its Directors Advisory Council for the Central New York region. The 11-member council meets regularly throughout the year to provide M&T management with “valuable insight on a wide range of business, client and community matters,” the bank said in a news release. Shatraw […]
SYRACUSE — M&T Bank announced it has appointed Scott A. Shatraw to its Directors Advisory Council for the Central New York region.
The 11-member council meets regularly throughout the year to provide M&T management with “valuable insight on a wide range of business, client and community matters,” the bank said in a news release.
Shatraw is president and CEO of Utica First Insurance Company, a multi-state property and casualty insurance company founded by Utica–area business leaders in 1903. Shatraw has been with the company since 1990, holding roles in treasury, financial reporting, strategic planning, operations, and control.
“With his decades of experience in finance and insurance, Scott has a deep understanding of the issues facing local businesses. His expertise will be a tremendous asset to our council,” Allen Naples, M&T Bank regional president for Central New York, said in the release. “Additionally, his Central New York roots and his steadfast commitment to Utica and Oneida County will help us advance our work to strengthen the entire region.”
Shatraw, a certified public accountant and chartered property casualty underwriter, began his career at Price Waterhouse before the merger that created PricewaterhouseCoopers. He joined Utica First Insurance Company as controller/assistant treasurer in 1990. Shatraw then held roles at Utica First as assistant VP of systems and internal planning and VP of finance before moving into executive positions, including CFO. In January 2018, he became president and CEO of Utica First.
Shatraw earned a bachelor’s degree in accounting from Le Moyne College. He is a board member of Rescue Mission of Utica, the Central New York Health Home Network, and the American Property Casualty Insurance Association. Shatraw previously served as board president for the Stanley Theater in Utica.
He joins 10 members of M&T Bank’s Directors Advisory Council for the Central New York region. The other members are: Andy Breuer, Hueber-Breuer Construction Co.; Carl Byrne, Byrne Diary, Inc.; Mara Charlamb, United Radio; James A. Fox, O’Brien & Gere; Karyn Korteling, Pastabilities; Robert H. Linn, formerly with Ernst & Young; Robert (Luke) Lewis, Lewis Custom Homes, Inc.; Joseph Mancuso, Hancock & Estabrook, LLP; Meg Tidd, VIP Structures, and Melissa Zell, The Pioneer Companies.
In Central New York, M&T Bank operates 45 branches with more than 400 employees across eight counties: Cayuga, Herkimer, Jefferson, Madison, Oneida, Onondaga, Oswego, and Seneca.