Washington Trust Announces Appointment of Two New Board Members

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WEST, RI, February 1, 2022 /PRNewswire/ — Washington Trust Bancorp, Inc. (NASDAQ: WASH), the January 26, 2022the board of directors (the “Board”) of Washington Trust Bancorp, Inc. (the “Company”), the bank holding company of The Washington Trust Company, announced Joseph P. Gencarellaformer audit partner of KPMG LLP, and Alimamy D. (“Junior”) Jabbie, Jr., owner, president and chief executive officer of Banneker Supply Chain Solutions, Inc., were elected to the boards of the company and its banking subsidiary, The Washington Trust Company, effective 1st of March2022.

Mr. Gencarella, CPA, was most recently an audit partner of KPMG LLP, retiring in 2021 after more than 35 years with the audit firm Big Four. He has extensive experience in the banking, insurance and finance industries, including expertise in highly technical accounting standards, internal controls, mergers and acquisitions accounting and regulatory considerations for U.S. corporations and multinationals. Mr. Gencarella currently serves on the boards of the Narragansett Council of the Boy Scouts of America and the Rhode Island Boy Scouts and previously served as a trustee on the board of the Rhode Island Public Expenditure Council (RIPEC) and a member of the Providence College Business School Advisory Board and Providence College President’s Council.

Mr. Jabbie has served as President and Chief Executive Officer of Banneker Supply Chain Solutions, Inc. since 2018, having served in a variety of management and leadership positions during his sixteen years with the company, including Executive Director of Supply Chain Operations. company and executive director of business development. and Customer Relations. He is renowned for his vision and strategic business acumen, and has been recognized as a passionate, dedicated and dynamic advocate for underserved communities. Mr. Jabbie serves on the board of directors of Delta Dental of Rhode Island, Federal Reserve Bank of Boston New England Advisory Council (NEAC), Northern RI Chamber of Commerce, Rhode Island Manufacturers Association, Rhode Island Public Expenditure Council (RIPEC), and National Small Business Association (NSBA) Leadership Council . He also sits on the board of directors of United Way of Rhode Islandthe American Heart Association Southern New England, the Papitto Opportunity Connection, and the Rhode Island Foundation Equity Leadership Initiative (ELI) Steering Committee.

“We are delighted to welcome Joe and Junior to our Board of Directors,” said Edward O. Handy III, Chairman and CEO of The Washington Trust. Adding: “They are both highly respected in their fields and in the community, and we look forward to the diversity of experiences, skills and talents they bring to our company.”

ON WASHINGTON TRUST BANCORP, INC.
Washington Trust Bancorp, Inc., the parent company of The Washington Trust Company, had $5.9 billion active at December 31, 2022. Founded in 1800, Washington Trust is the nation’s oldest community bank, largest state-chartered bank headquartered in Rhode Island and one of the Northeast’s leading financial services companies. Washington Trust offers a full range of financial services, including the commercial bank, mortgage bank, personal banking and wealth management and fiduciary services through its offices located at Rhode Island, Connecticut and Massachusetts. The Company’s common shares trade on NASDAQ under the symbol WASH. Information for investors is available on the Company’s website at ir.washtrust.com.

SOURCEWashington Trust Bancorp, Inc.

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