Customers Bank, the bank subsidiary of Customers Bancorp, has announced the promotion of Jessie John Velasquez to executive vice president, chief accounting officer.
Velasquez has more than 19 years of accounting, tax, and audit experience, including “extensive knowledge and expertise” with US GAAP, IFRS and SEC reporting requirements.
As chief accounting officer, Velasquez oversees Customers Bank’s corporate accounting functions, including corporate tax, regulatory reporting, and accounting policy.
Velasquez, first joined the group in 2017 as SVP and deputy chief accounting officer, however left in 2018 to serve as senior vice president and head of accounting policy and external reporting for Webster Bank, N.A.
In 2020, he rejoined Customers Bank as SVP, chief accounting officer.
He also “held positions of increasing responsibility” at Ernst and Young LLP. Velasquez received his Bachelor of Science degree in Accountancy from the University of the Philippines and is a Certified Public Accountant in the state of Pennsylvania.