Esquire Financial Holdings, Inc. (NASDAQ: ESQ) has appointed Raymond Kelly to the boards of directors of both the company and its subsidiary, Esquire Bank, National Association, effective June 6, 2025. Kelly brings more than 40 years of experience in the financial services industry, having provided consulting and tax services to the banking industry and strategic banking advice to clients. Prior to this appointment, he was a tax services partner at RSM US LLP and held senior positions at other financial institutions.
According to Tony Coelho, chairman of the board, Kelly's extensive experience in the financial services sector, including strategic, audit, tax, compensation, and governance issues, makes him an ideal addition to the board of directors. Andrew C. Sagliocca, vice chairman, CEO, and president, also expressed confidence in Kelly's unique perspective into the banking business, regulatory experience, and SEC knowledge, highlighting the value he brings to the board and the company.
Esquire Financial Holdings, Inc. is a financial holding company headquartered in Jericho, New York, with one branch office in Jericho, New York, and an administrative office in Boca Raton, Florida. Its wholly owned subsidiary, Esquire Bank, National Association, is a full-service commercial bank dedicated to serving the financial needs of the legal industry and small businesses nationally, as well as commercial and retail customers in the New York metropolitan area. The bank offers tailored products and solutions to the legal community and their clients, as well as dynamic and flexible payment processing solutions to small business owners.
This appointment comes at a time when Esquire Financial Holdings, Inc. is further strengthening its leadership and governance with the addition of Raymond Kelly to its boards of directors, leveraging his wealth of experience and expertise in the financial services industry. Following these announcements, the company's shares moved 1.32%, and are now trading at a price of $89.88. Check out the company's full 8-K submission here.