Sam Sidhu Customers Bank Road to Growth

Sam Sidhu's journey with Customers Bank is a testament to his dedication and strategic vision. He joined the bank in 2014, bringing with him a wealth of experience in the financial industry.

Sam Sidhu's leadership has been instrumental in driving Customers Bank's growth. Under his guidance, the bank has expanded its operations and increased its customer base.

With a focus on innovative products and services, Customers Bank has been able to stay ahead of the competition. This commitment to innovation has helped the bank attract a loyal customer base.

Sam Sidhu's leadership has also been marked by a commitment to community development. He has been instrumental in launching initiatives that promote economic growth and stability in the communities served by the bank.

Sam Sidhu is currently Vice Chairman and Chief Operating Officer of Customers Bank, a role he will take on as President and CEO on July 1, 2021.

Sam Sidhu has a strong background in finance, having worked at Providence Equity Partners and Goldman Sachs before launching his own financial technology-based special purpose acquisition company, Megalith Financial Corp. LLC.

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He earned his MBA from Harvard Business School and a B.S. from the University of Pennsylvania’s Wharton School, giving him a solid foundation in business and finance.

Under Sam’s leadership, Customers Bank has partnered with several leading fintechs to establish a hybrid banking model that has enabled the bank to become a successful lender to small businesses through the Small Business Administration’s Payroll Protection Program (PPP).

Sam Sidhu was chosen for his leadership role at Customers Bank after a nationwide search, which lasted six months. This exhaustive search was led by Ehst, who looked for the perfect candidate to succeed him.

Sidhu's background in fintech and his experience founding Megalith Financial Corp. LLC made him an attractive candidate. He had previously worked at Providence Equity Partners and Goldman Sachs, and earned a Master of Business Communication degree from Harvard Business School and a bachelor’s degree from the University of Pennsylvania’s Wharton School.

Sidhu's time at Megalith was particularly relevant, as it gave him experience in merging with companies in the fintech space.

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Sam Sidhu took to the stage at the Barclays Conference to discuss the topic of "The Choice". He emphasized the importance of self-awareness in making informed decisions, highlighting how our choices are often influenced by our own biases and assumptions.

As a well-respected entrepreneur, Sam shared his own experiences of navigating the challenges of building a business from scratch. He spoke about the need to be adaptable and open to new ideas, citing his own company's pivot from a traditional product to a digital service as an example.

Sam's message was clear: our choices have the power to shape our lives and the lives of those around us. By being more mindful and intentional in our decision-making, we can create positive change and achieve our goals.

The conference attendees were inspired by Sam's words, and many took to social media to share their own thoughts on the importance of self-awareness and intentional decision-making.

The choice of Sidhu as the successor was not a foregone conclusion, despite his family ties to Customers Bank. His involvement at the board level was his way of participating, not a stepping stone to a leadership position.

The bank's CEO, Ehst, led a nationwide search for six months to find the right candidate. The search was exhaustive, showing that the bank was serious about finding the best fit for the role.

Sidhu's impressive resume, which included founding a publicly traded investment firm and working at top companies like Goldman Sachs, was a major factor in his selection. He even earned a Master of Business Communication degree from Harvard Business School and a bachelor's degree from the Wharton School.

Sidhu's experience at Megalith, an investment firm that merged with fintech companies, was particularly attractive. He realized that the bank was where the fintech evolution really needed to happen, and that's where the power was.

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Fintech is rapidly accelerating, and it's now the primary way many people conduct everyday business with their banks.

The COVID-19 pandemic has accelerated the use of fintech, making it the norm for many people.

Banks that can make the experience easier and more positive will gain a competitive advantage.

Banking technology is often lagging due to safety and security concerns, but fintech companies are customer-obsessed and focused on improving the customer experience.

The key to success is to make financial institutions more accessible to everybody through technology.

Customers Bank is already on the right path, thanks to the foundation laid by Ehst and Sidhu's father, Jay.