Camden, Maine, March 13, 2024 – Camden National Bank is pleased to announce the promotion of Barbara Raths, who formerly served as director of treasury management and government banking, to executive vice president of commercial banking. In her elevated role, Raths will focus on accelerating core commercial business development across the company's footprint and will continue to lead treasury management sales and service strategies.
“Barbara has an unwavering commitment to her clients,” said Simon Griffiths, president and chief executive officer of Camden National Bank. “Her client-centric approach will lead us to expand our relationship banking focus as we continue to drive organic growth. Barbara’s promotion represents our strategic and thoughtful succession planning as well as the exceptional talent and bench strength within our organization. I am confident Barbara will make an excellent addition to our executive team.”
A leading industry expert, Raths has an extensive 20-year banking and finance career, with four of those years cultivating treasury relationships at Camden National Bank. She has taken on increasing levels of leadership with an exceptional focus on delivering integrated financial solutions, prudent risk management, and operational excellence.
Raths earned a bachelor’s degree in Rhetoric at Bates College and an MBA with a finance concentration from the University of Southern Maine. She chairs the Board of Trustees for the Maine Health and Higher Educational Facilities Authority, serves as the Secretary of the Board of Directors for the Maine International Trade Center, and is a member of the Maine District Export Council.
Camden National Corporation (NASDAQ: CAC) is the largest publicly traded bank holding company in Northern New England with $5.7 billion in assets and was proudly listed as one of the Best Places to Work in Maine, for the past three years. Founded in 1875, Camden National Bank is a full-service community bank dedicated to customers at every stage of their financial journey. With 24/7 live phone support, 57 banking centers, and additional lending offices in New Hampshire and Massachusetts, Camden National Bank offers the latest in digital banking, complemented by award-winning, personalized service. To learn more, visit CamdenNational.bank. Member FDIC. Equal Housing Lender.
Comprehensive wealth management, investment, and financial planning services are delivered by Camden National Wealth Management.