Ex-Citizens Bank N.H. head to retire

Robert Gormley, president of Citizens Bank New Hampshire in the late 1990s, has announced plans to retire this summer as vice chairman in charge of risk management for Citizens Financial Group, the bank’s parent company.

Gormley, who has spent 37 years in the banking industry, joined the Providence, R.I.-based Citizens in 1993 to build its Commercial Lending Division in Rhode Island. Three years later, he become chairman, president and CEO of Citizens Bank New Hampshire, where he oversaw the integration of the former First NH Bank into Citizens. He returned to Providence in 1999 to become president and CEO of Citizens’ Rhode Island and Connecticut banks. In July 2001, he was selected to oversee risk management.

Citizens said Gormley will continue to work with the company as a strategic adviser for it and Citizens’ parent, the Royal Bank of Scotland. – JEFF FEINGOLD