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Columbia Financial, Inc. Announces the Appointment of Daria Torres to its Board of Directors

Headshot Daria Torres Columbia Bank

Daria Torres ,Image Courtesy of Columbia Financial, Inc. 

the staff of the Ridgewood blog

Fair Lawn NJ, Columbia Financial, Inc. (NASDAQ: CLBK), the parent company of Columbia Bank, is  pleased to announce that Mount Laurel, New Jersey resident, Daria Torres has been appointed to the Boards of Directors  of Columbia Financial and Columbia Bank effective July 27, 2021. Ms. Torres will also serve on the Audit Committee of  the Company and the Bank. Ms. Torres’ appointment brings the Company’s total number of directors to ten, nine of  whom are independent non-executive directors. 

Ms. Torres is the founder and Managing Partner of Walls Torres Group, LLC, a strategic management consulting firm that works with leading corporations, non profits and charitable organizations to grow and achieve their business objectives.   Ms. Torres has more than 20 years of experience as a strategy consultant and advisor to CEOs, boards and executive teams. Prior to founding Walls Torres Group, Ms. Torres served as a McKinsey & Company engagement manager and Lockheed Martin  systems engineer.  

Ms. Torres currently serves as an independent member of the board of directors of  Human Resolution Technologies, a provider of remote patient monitoring solutions   for adaptive, precision care at scale. Ms. Torres earned her Bachelor of Science in  Systems Engineering from the University of Virginia with a double major in  Economics, a Master’s in Systems Engineering from the University of Pennsylvania  

with a specialization in Telecommunications, and an MBA in Operations and  Information Management from The Wharton School where she was a fully-funded I.W. Burnham Fellow and earned Director’s List distinction. 

Said Thomas J. Kemly, President and CEO of Columbia Financial and Columbia  Bank, “We are thrilled to welcome Ms. Torres to the Boards of Directors of Columbia  Financial and Columbia Bank. Her vast knowledge and experience as an executive- level strategist and advisor will be a valuable asset to our leadership and complement   the Board’s existing mix of skills and experience.”

Ms. Torres is a vital contributor to her communities. She is the Board Chair of Giving Cycle, a Board Advisor to the  Wharton Black MBA Alumni Association, and a former Alumni Trustee of the University of Virginia IDEA Fund. Prior board  service also includes SOSAfrik International, Camden Dream Center, and the Holland Scholars Program. She is a lifetime  member of the Girl Scouts of the USA, the University of Virginia Alumni Association, Mensa International, National Black  MBA Association and the National Society of Black Engineers.  

Columbia Financial, Inc. is the holding company for Columbia Bank. Founded in 1927 and headquartered in Fair Lawn,  NJ, Columbia Bank offers traditional financial services to consumers and businesses in its market areas through its 61 full service branch networks within the State of New Jersey, including online and mobile banking, localized lending centers as  well as title, investment and wealth management services. As of June 30, 2021, Columbia had total assets of $9.1 billion,  loans of $6.0 billion and deposits of $7.1 billion.  

2 thoughts on “Columbia Financial, Inc. Announces the Appointment of Daria Torres to its Board of Directors

  1. NEW YORK, Dec. 01, 2020 (GLOBE NEWSWIRE) —

    Nasdaq (Nasdaq: NDAQ) today filed a proposal with the U.S. Securities and Exchange Commission (SEC) to adopt new listing rules related to board diversity and disclosure. If approved by the SEC, the new listing rules would require all companies listed on Nasdaq’s U.S. exchange to publicly disclose consistent, transparent diversity statistics regarding their board of directors.

    Additionally, the rules would require most Nasdaq-listed companies to have, or explain why they do not have, at least two diverse directors, including one who self-identifies as female and one who self-identifies as either an underrepresented minority1 or LGBTQ+.

    Foreign companies and smaller reporting companies would have additional flexibility in satisfying this requirement with two female directors.

  2. just have the current board members “self-identify” as women or an alphabet people…

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