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Paul Kalamaras

Paul Kalamaras serves as Chairman of the Board at Alma Bank, a Long Island City-based community bank with over $1.0 billion in assets and 13 branches serving the greater New York and New Jersey metropolitan area. An entrepreneurial executive with deep expertise across financial services, Kalamaras brings extensive experience in retail banking, commercial lending, risk management, and strategic leadership.

Kalamaras holds a degree from the University of Notre Dame. Throughout his career, he has demonstrated a commitment to community leadership and corporate governance, serving as a director for the New Jersey Chamber of Commerce Foundation, Big Brothers Big Sisters of Northern New Jersey, and the American Red Cross.

Career History

  • Chairman of the Board, Alma Bank (present)
  • Senior Executive Vice President and Chief Risk Officer, Investors Bancorp and Investors Bank (January 2021 – 2022)
  • Executive Vice President and Chief Retail Banking Officer, Investors Bancorp and Investors Bank (January 2010 – January 2019)
  • Executive Vice President, Millennium bcp bank, N.A., Newark, New Jersey (2003 – August 2008)
  • President and CEO, The Barré Company, a manufacturer of precision engineered metal components (1997 – 2002)
  • Executive Vice President, Summit Bank (1986 – 1996)

What Paul Kalamaras could bring to Alma Bank's chairmanship: Kalamaras's multi-decade tenure in banking—spanning retail and commercial operations at major institutions like Investors Bank, combined with his prior CEO experience at The Barré Company and executive roles at Millennium and Summit—positions him to provide strategic oversight during the bank's growth phase. His demonstrated expertise in risk management, retail banking transformation, and large-scale bank integration, along with proven board governance experience and community leadership engagement, suggests he will be instrumental in guiding Alma Bank's long-term strategy, regulatory compliance, and operational excellence initiatives.

Facts compiled by Executive Moves from publicly available news and press releases on 16 July 2026. Spotted an inaccuracy? Email us and we'll review within 1 business day.

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