A. Michael Smith has been appointed as Senior Vice President, Chief Audit Executive at Peapack Private Bank & Trust, marking a significant addition to the bank's leadership team. With a career spanning over three decades in auditing, risk management, and technology, Smith's expertise is expected to bolster the bank's internal audit function and support its growth trajectory. His previous role as Chief Audit Executive at Nasdaq, where he implemented advanced technologies for global market transactions, underscores his capability to drive innovation in financial services.
Smith's background includes transformative roles at PwC and Deloitte & Touche, where he led initiatives integrating emerging technologies into audit processes. His contributions to the field are further highlighted by his authorship of a book on the future of internal audit and a patented method for auditing crypto assets. This appointment reflects Peapack Private Bank & Trust's dedication to maintaining high standards in audit practices and leveraging technology for operational excellence.
The implications of Smith's appointment extend beyond the bank, signaling a broader industry trend towards embracing technological advancements in audit and risk management. For clients and stakeholders, this move promises enhanced reliability and innovation in financial services, reinforcing the bank's position as a leader in the sector.
