On March 26, 2026, Ponce Financial Group, Inc. announced the appointment of Marlene Cintron to its Board of Directors. This decision was made during a Board meeting and is effective immediately. Ms. Cintron, who has a distinguished career in public service and economic development, will serve until the company's annual meeting of shareholders in 2026, where she is expected to be nominated for a three-year term. In addition to her role on the Board, she will also be appointed to the Audit Committee and the Executive Compensation Committee.

Marlene Cintron is a lifelong resident of the Bronx and has extensive experience in advancing economic empowerment and public service. Her career spans over three decades, including significant roles in public policy and economic development. Notably, she has served as the Chief of Staff to Congressman Robert Garcia and as the Director of Latino Affairs for Mayor David Dinkins. Her private-sector experience includes positions at Citibank and Merrill Lynch, where she focused on supporting women and nonprofit leaders.

As President of the Bronx Overall Economic Development Corporation, Cintron led initiatives that significantly reduced unemployment in the Bronx and attracted substantial private investment. Her recent appointment as the U.S. Small Business Administration's Region 2 Administrator under President Biden further highlights her commitment to economic growth and community development.

Cintron's appointment is expected to enhance the leadership of Ponce Financial Group, particularly in its mission to serve historically underserved communities. The company’s President and CEO, Carlos P. Naudon, expressed confidence in her ability to contribute to the organization’s growth and impact. This leadership change is seen as a positive development for the company, likely to strengthen its governance and strategic outlook.

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