Customers Bancorp Appoints Sam Sidhu to Board, Strengthens Leadership Transition

Washington D.C: Customers Bancorp, Inc. (NYSE: CUBI), a leading U.S. bank holding company, has appointed Sam Sidhu to its Board of Directors, effective January 1, 2026. This strategic move completes the company’s leadership succession plan. Sam Sidhu, President and CEO of Customers Bank, succeeds Jay Sidhu as CEO of Customers Bancorp. Jay Sidhu will transition to Executive Chairman, continuing to guide the bank’s long-term strategic growth.

Sam Sidhu’s promotion to the Board ensures leadership continuity and reinforces the company’s focus on long-term performance. He joined Customers Bank’s Board in 2012 and has held key executive roles, including Chief Operating Officer, before becoming President and CEO in 2021.

Dan Rothermel, Lead Independent Director of Customers Bancorp, said, “Sam has been instrumental in driving the company’s strategic growth and operational success. His Board appointment formalizes his critical role in shaping the future of Customers Bancorp.”

Sam Sidhu added, “I am honored by the Board’s trust. Customers Bank has built a strong foundation, and I look forward to leading the Bank’s continued growth and delivering innovative banking solutions to our U.S. clients.”

Jay Sidhu stated, “From a small local bank to a $24 billion organization, Customers Bank has achieved remarkable growth. Sam has been key to this journey, and I am confident he will lead the Bank to further success.”

About Customers Bancorp:
Customers Bancorp is a top-performing U.S. banking company with over $24 billion in assets, offering commercial and consumer banking services nationwide. Customers Bank delivers innovative, technology-driven banking solutions with personalized client service. The Bank has been recognized as a Top 10 Performing Bank by American Banker and listed among Forbes America’s Top 100 Banks, making it one of the leading U.S. financial institutions.