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NBT Bank News

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Hyle Named Chief Risk Officer at NBT Bancorp

NORWICH, N.Y. (September 26, 2013) – NBT Bancorp President and CEO Martin Dietrich recently announced that Shauna Hyle has been promoted to senior vice president and chief risk officer.

In this position she will oversee the company’s audit, compliance and loan review areas. Her primary responsibilities include identifying, assessing and monitoring risks to the company’s various lines of business. She will also be responsible for overseeing the company’s enterprise risk management program. She is based at the company’s headquarters in Norwich.

Prior to this, she was corporate controller and managed the company’s accounting and finance function ensuring its compliance with corporate policies and accounting and regulatory requirements. In her new role, she will continue to provide support for strategic planning, corporate governance and merger and acquisition analysis.

Hyle, who has been with the company since 2008, started her career at PricewaterhouseCoopers, LLP, where she was a manager, providing audit and attestation services to clients in the firm’s Syracuse and Boston offices. 

“Shauna Hyle has made a significant contribution to the success of our company through consistently exceptional performance,” Dietrich said. “She has emerged as a leader by effectively demonstrating our core values and providing extraordinary service to the company and its shareholders, employees, business partners as well as the community. Her experience will help us continue to provide strong internal controls and regulatory compliance. I congratulate her on this promotion and wish her continued success.”

A resident of Norwich, Hyle has a bachelor’s degree in accounting from SUNY Geneseo. She is a certified public accountant and is a member of the Commerce Chenango Finance Committee and the Community Enhancement and Redevelopment Group Board. Hyle is also a 2010 graduate of Leadership Chenango.

NBT Bancorp Inc. is a financial holding company headquartered in Norwich, N.Y. with total assets of $7.5 billion at June 30, 2013. The company primarily operates through NBT Bank, N.A., a full-service community bank with two divisions, and through two financial services companies. NBT Bank, N.A. has more than 155 locations, including 125 NBT Bank offices in upstate New York, northwestern Vermont, western Massachusetts and southern New Hampshire. NBT’s Pennstar Bank division operates over 30 locations in northeastern Pennsylvania. EPIC Advisors, Inc., based in Rochester, N.Y., is a full-service 401(k) plan recordkeeping firm. Mang Insurance Agency, LLC, based in Norwich, N.Y., is a full-service insurance agency. More information about NBT and its divisions can be found on the Internet at: www.nbtbancorp.com, www.nbtbank.com, www.pennstarbank.com, www.hampshirefirst.com, www.epic1st.com and www.manginsurance.com.