Michael Fegan’s current role is that of Chief Information and Operations Officer of Investors Bank. He is responsible for a creating a culture of leadership, personal growth, high morale and change resiliency among a team of over 300 employees. He is charged with continuing the ongoing transformation of the bank’s technology and client service functions by aligning innovative, robust and forward-looking technology solutions with business goals and objectives. The many business functions he is directing include Information Technology, The Client Care Center, Enterprise Project Management Office, Deposit Services, Cash Management and Loan Servicing for both Commercial and Residential clients.
Prior to joining Investors Bank, Mr. Fegan was Chief Operations and Technology Officer at Bank Leumi. He built, led and evolved an organization, with responsibility for Banking and Brokerage Operations, as well as Technology, Information Security, Program Management, Business Relationship Management and Vendor management. He was the executive sponsor who managed the transformation of the bank’s core banking system. Upon completion, the bank achieved significant growth in deposits, lending, and cash management services, which ultimately produced large increases in revenue and profits.
Previously, he served as Chief Information Officer for Suffolk County National Bank where he helped formulate the company’s strategic vision and deployed more advanced technologies to launch mobile banking and improve enterprise data management, fraud detection, online account opening, business intelligence, and disaster recovery. He also managed the day-to-day execution of Bank Operations, Information Technology, Program Management Office, and Information Security.
Earlier in his career, he held Management positions at Omgeo (subsidiary of DTCC and Thomson Reuters), JPMorgan Chase, Citibank and Andersen Consulting.