Rhode Island Bankers Association names Murphy new president

PROVIDENCE – The Rhode Island Bankers Association has named Brian J. Murphy the new association president.

Murphy, chairman and CEO of Home Loan Investment Bank, succeeds Anthony Botelho, president and CEO of Freedom National Bank, who recently completed his two-year term.

The banking association also named a new vice president, Greg Derderian of Bank Newport, and a new treasurer, Keith Kelly of Citizens Bank.

“The RIBA’s newly-elected slate of executive officers bring forth a vast array of banking expertise and community involvement,” said Patricia A. Octeau, executive director of RIBA.

- Advertisement -

Murphy, a Warwick resident, has served as president and CEO of Home Loan since 2009. Derderian of East Greenwich is executive vice president and chief financial officer at Bank Newport. Kelly, president of Citizens Bank Rhode Island, is a Barrington resident and has worked in Rhode Island for 21 years.

The trio will help advocate the interests of the state’s financial institutions.

“Mr. Murphy will be well-equipped to meet the challenges facing the banking industry and advancing the goals of the Rhode Island Bankers Association as it begins its 102nd year as the state’s leading financial service industry’s trade association,” Octeau added.

Eli Sherman is a PBN staff writer. Email him at Sherman@PBN.com, or follow him on Twitter @Eli_Sherman.