Jay S. Sidhu is Chairman and CEO of Customers Bancorp, Customers Bank, BankMobile, a division of Customers Bank, and BankMobile Technologies. When Sidhu joined the company in 2009, Customers Bank, previously known as New Century Bank, was a $250 million asset-troubled bank. At September 30, 2019 it was $11.7 billion asset high-performing bank. Before assuming leadership at Customers, Sidhu was Chairman and CEO of Sidhu Advisors, LLC, a private equity and financial services consulting company based in Palm Coast, Fla. and Reading, Pa. from 2006-2009. Prior to that he was Chairman and CEO of Sovereign Bancorp, Inc. and Sovereign Bank, a $90 billion financial institution, until his retirement on Dec. 31, 2006.
Mr. Sidhu also serves as a Director of Atlantic Coast Financial Corporation, the holding company for Atlantic Coast Bank, with main offices in Jacksonville, Florida. He obtained an MBA from Wilkes University and is a graduate of Harvard Business School’s Leadership Course.