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Washington Trust Bancorp has announced the appointment of John‑Paul “JP” Aldi as vice president, commercial real estate, based in its New Haven, Connecticut, office.
The move is designed to strengthen the bank's presence in the regional commercial real estate sector. Aldi will be responsible for expanding client relationships and supporting commercial lending initiatives in the area. The appointment underscores the firm's ongoing strategy to enhance its business banking capabilities in the Connecticut market.
Washington Trust Bancorp has previously called attention to the important role community banks play in protecting seniors from financial fraud in a recent initiative. Earlier, the company released a financial outlook from chief investment officer Peter R. Phillips in a new market update. These efforts continue as the firm develops its commercial real estate business in Connecticut.