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Mid Penn Bank Promotes Jordan Space to President of the Private Bank and Chief Operating Officer of the Company
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Mid Penn Bank, a subsidiary of Mid Penn Bancorp, Inc. (NASDAQ: MPB), has promoted Jordan D. Space to president of the private bank and chief operating officer. Space will oversee loan and deposit operations, credit functions, and noninterest income growth. With over 15 years of experience, Space aims to drive the organization's revenue and operational excellence.
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MILLERSBURG, Pa.--(BUSINESS WIRE)--
Mid Penn Bank (the “Bank”), a wholly-owned subsidiary of Mid Penn Bancorp, Inc. (“Mid Penn”) (NASDAQ: MPB), announces the promotion of Jordan D. Space to president of the private bank and chief operating officer of the company, effective January 12, 2024.
Space replaces Justin Webb as chief operating officer, who was recently appointed chief financial officer. Space joined the Bank in 2022 and was responsible for the establishment of the private bank. In his new role, Space will oversee loan and deposit operations groups as well as the credit and credit administration functions. He will also provide an integrated approach to all aspects of the Bank’s noninterest income growth, such as the Private Bank, the Trust and Wealth Management Group, and the Insurance Agency.
“We are excited to elevate Jordan to president of the private bank and chief operating officer of the company,” Mid Penn Chair, President, and CEO Rory G. Ritrievi commented. “During his short time with the Bank, Jordan has been a strategic leader across the company, and he will be a key driver in growing the organization’s revenue and operational excellence for years to come.”
Space brings over 15 years of experience in the financial services industry. Prior to joining the Bank, Space was market president for the eastern Pennsylvania region at S&T Bank and chief lending officer at Integrity Bank.
"I am excited to take on this role and look forward to helping the Bank execute on its strategic vision while providing the highest level of financial services to our customers,” Space said.
Space graduated from the University of Pittsburgh with a bachelor’s degree in finance and is also a graduate of the Stonier Graduate School of Banking at the University of Pennsylvania. He is actively engaged in his local community and serves on multiple committees as well as the Board of Trustees of Penn Medicine/Lancaster General Health. Space also serves on the Economic Development Executive Leadership Team for the Lancaster City Alliance and is a member of the Young Presidents’ Organization. In 2021, he was recognized as one of Central Penn Business Journal’s Power 30 in Banking and Finance. Space resides in Lancaster, PA, with his wife and three children.
About Mid Penn Bank
Mid Penn Bank, headquartered in Millersburg, Pennsylvania, has been serving the community since 1868. The Bank operates 49 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.
Who has been promoted to president of the private bank and chief operating officer of Mid Penn Bank?
Jordan D. Space has been promoted to president of the private bank and chief operating officer of Mid Penn Bank.
When will Jordan D. Space assume his new role?
Jordan D. Space will assume his new role effective January 12, 2024.
What is the ticker symbol for Mid Penn Bancorp, Inc.?
The ticker symbol for Mid Penn Bancorp, Inc. is MPB.
What is Jordan D. Space's background in the financial services industry?
Jordan D. Space brings over 15 years of experience in the financial services industry, previously serving as market president at S&T Bank and chief lending officer at Integrity Bank.
What are Jordan D. Space's responsibilities in his new role?
In his new role, Jordan D. Space will oversee loan and deposit operations, credit and credit administration functions, and noninterest income growth.
