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Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC) announced on Wednesday a change in executive leadership at its wholly owned subsidiary, Fidelity Deposit and Discount Bank. According to a statement released in a recent SEC filing, Michael J. Pacyna, Jr. has transitioned from his previous position as Executive Vice President and Chief Lending Officer to become Executive Vice President and Chief Credit Officer of the bank.
In his new role, Mr. Pacyna will oversee the bank’s Credit and Credit Administration functions, responsibilities that were previously managed by the Chief Operating Officer. He will also supervise the Loan Operations Department and the Special Assets and Collections Department.
The company stated that the reassignment is intended to streamline and enhance efficiency within the organization by leveraging Mr. Pacyna’s experience.
This information is based on a press release statement included in the company’s Form 8-K filing with the Securities and Exchange Commission.
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