Penko Ivanov has held various financial and leadership roles throughout their career. Penko currently serves as the SEVP, CFO, and Treasurer at Arrow Financial Corporation since February 2023. Prior to this, they worked as the EVP & CFO at Bankwell Financial Group from September 2016 to December 2022, where they successfully transformed the organization into a high-performing entity. Before that, they served as the EVP & CFO at Darien Rowayton Bank from January 2015 to April 2016. Penko has also held positions such as Corporate Treasurer & CFO US Operations at Doral Financial Corporation, Manager of Financial Planning & Analysis at Bridgewater Associates, SVP-Finance at Tygris Corporate Finance, SVP-Controller at FirstLight Financial Corporation, and Controller at GE Capital Solutions and GE Commercial Finance. Penko began their career at GE Structured Finance Group as a Senior Business Accountant and later served as a Senior Business Analyst. Penko Ivanov has a proven track record of expertise and leadership in the financial industry.
Penko Ivanov pursued their education at the University of South Florida, where they completed their Bachelor of Arts and Master of Business Administration degrees from 1986 to 1992. During their time at the university, they focused on finance, accounting, and economics as their field of study.
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Arrow Financial Corporation
Arrow Financial Corporation is a multi-bank holding company with more than $4 billion in assets. Based in Glens Falls, New York, our family of companies includes Glens Falls National Bank and Trust Company, Saratoga National Bank and Trust Company, and Upstate Agency. Through these subsidiaries, Arrow provides a broad range of banking, wealth management and insurance services across northeastern New York. Arrow is committed to empowering its employees, caring for its communities and delivering value to its customers and shareholders. Our company seeks highly motivated, talented individuals to join us in carrying out our mission. Our organization promotes a culture of excellence, with vast opportunities for professional growth. Be sure to visit the LinkedIn Pages for each of our Arrow family of company brands. We look forward to connecting with you on LinkedIn! We're here M-F 8 a.m. - 4 p.m. ET. For security purposes, please do not send account or personal information.