Berkshire Bank, a leading, socially responsible community bank with financial centers in New England and New York, is proud to announce that Andrew Plumridge, an accomplished internal audit, risk management and compliance professional has joined the Company as Executive Vice President (EVP), Chief Internal Audit Officer of Berkshire Hills Bancorp and Berkshire Bank.
“We’re pleased to welcome Mr. Plumridge to the Berkshire team as chief internal audit officer. He’s a seasoned executive leader with extensive financial industry and audit experience. His proven track record helping companies navigate complex regulations and uphold the highest ethical standards will serve our shareholders well and help us to continue to advance along our journey toward becoming a high-performing, leading socially responsible community bank,” stated Nitin Mhatre, CEO.
At Berkshire, Mr. Plumridge will be responsible for leading all aspects of Berkshire’s internal audit and Sarbanes-Oxley (SOX) testing programs. He will provide independent and objective assurance to management and the Audit Committee on the adequacy and effectiveness of governance and internal controls that support the achievement of organizational objectives. In addition, he will promote and facilitate the continuous improvement of controls as part of the third line of defense. Mr. Plumridge will report directly to the Audit Committee of the Board of Directors and administratively to CEO Nitin Mhatre.
Mr. Plumridge’s extensive career includes nearly 30 years in auditing and consulting. Most notably he spent eight years with Boston Private Financial Holdings, Inc. serving as senior vice president and general auditor. Prior to joining Boston Private, Mr. Plumridge held senior audit and consulting positions with State Street Corporation and PwC. He holds a M.B.A. with a concentration in accounting and finance from Boston University and an A.B. in Economics from Dartmouth College. Mr. Plumridge is a Certified Public Accountant (CPA) licensed in Massachusetts, serves as treasurer for the Dartmouth Educational Association and is a volunteer with South Shore Habitat for Humanity.