MID PENN BANK HIRES VIKRAM DASGUPTA AS TREASURER

MID PENN BANK HIRES VIKRAM DASGUPTA AS TREASURER

Mid Penn Bank (the "Bank"), a wholly-owned subsidiary of Mid Penn Bancorp, Inc. ("Mid Penn") (NASDAQ: MPB), is pleased to announce that Vikram Dasgupta has been hired as senior vice president and treasurer of the Bank.

Dasgupta comes to the Bank from Citigroup, where he was head of finance transformation for treasury and trade services. His prior experience includes a stint at the treasury group at JP Morgan. He has more than 20 years of experience in the financial services industry, including management of liquidity risk, interest rate risk, funds transfer pricing, and capital planning. At the Bank, he will focus on strategies incident to interest rate risk, capital, and liquidity management and will report directly to Chief Financial Officer Justin Webb.

"We are excited to have Vikram join our team," Webb said. "He brings extensive strategic finance experience to the Bank as we compete in the current complex banking environment."

Dasgupta holds an undergraduate degree in mathematics from the University of Delhi, India, and a Master of Science in finance from Boston College. He has also taught financial risk management at the University of Connecticut.

About Mid Penn Bank

Mid Penn Bank, headquartered in Millersburg, Pennsylvania, has been serving the community since 1868. The Bank operates 45 retail locations throughout the Commonwealth of Pennsylvania and central New Jersey, and has total assets of approximately $5 billion. Mid Penn offers a comprehensive portfolio of financial products and services to meet the banking needs of the communities it serves. To learn more, please visit www.midpennbank.com.

Share: