Capitalize Albany Board Vice Chairman Anders Tomson Named COO and President of Chemung Canal Trust Co.

July 9, 2015

Congratulations to Anders Tomson, Vice Chairman of Capitalize Albany Corporation’s Board of Directors, named as Chief Operating Officer and President of Chemung Canal Trust Co. Chemung Canal, based in Elmira, New York, is the parent of Capital Bank. That company acquired Capital Bank in 2011. The bank said Tomson will continue to serve as division president in Albany “for the immediate future.” Read more below and in the Albany Business Review here.

Since 2010, Anders served as President of Capital Bank. As regional executive, Anders has direct oversight of all business activities for the bank in New York’s Capital Region. Responsibilities include commercial lending, retail and branch banking, consumer loans, compliance, CRA activities, regulatory affairs and community activities. In addition to his regional responsibilities, Anders represents the bank on a six member executive management team and is a member of the bank’s ALCO, Loan, Risk, Compliance and Executive committees.

Prior to joining Capital Bank, Anders was the Division Executive for commercial real estate in New York State for RBS Citizens Bank. Anders began his commercial real estate lending career for the Community Preservation Corporation (CPC) where he last served as Senior Vice President and Regional Director. CPC is a not-for profit mortgage lender, capitalized by more than 90 banks and insurance companies, which finances low, moderate and middle income housing in New York State and New Jersey.

Throughout his career, Anders has been very involved in healthcare, economic and community development initiatives in the Capital Region. In addition to Capitalize Albany he currently is involved in board or advisory capacities with Albany Medical Center, Visiting Nurses Association, the YMCA of the Capital Region, Sage Colleges, the Wildwood School and Capital City Housing Corporation.