Needham Bank Names New Wellesley Branch Manager, Assistant Branch Manager


WELLESLEY, MA – Underscoring its commitment to provide the Wellesley community with unrivaled banking services, Needham Bank today announced a new management team for their Wellesley branch.

Nadia Mahotiere Named Vice President, Branch Manager/Private Banker

“I am very pleased to announce that Nadia Mahotiere has joined the bank as Branch Manager at our all-important Wellesley office,” commented Eric Morse, Executive Vice President. “Nadia is an enthusiastic and determined banking executive and we could not be more pleased to welcome her to the Needham Bank family”.

Ms. Mahotiere holds a Bachelor of Science degree in Finance and Accounting Management from Northeastern University, where she was a Dean’s List student.

Following graduation, Ms. Mahotiere has held a series of positions of increasing responsibility with several financial institutions, including Citizens Bank, Bank of America and Citibank. Most recently she served as Vice President, Market Manager at Salem Five Bank in Needham. She will report to Mr. Morse.

“I am very excited to be named as Needham Bank’s Wellesley branch manager,” commented Ms. Mahotiere. “Wellesley is a vibrant, dynamic and caring community and Needham Bank’s brand of personalized customer service is a perfect fit for me”.

Derek Lee Named Assistant Branch Manager

In a related move, Needham Bank also announced that Derek Lee has been named the Wellesley office’s Assistant Branch Manager, reporting to Ms. Mahotiere.

Mr. Lee, educated at Middlesex Community College in Bedford, began his banking career as a teller with Wakefield Community Bank. He subsequently joined Eagle Bank in Lexington, rising to the position of Branch Supervisor. Most recently he served as Customer Experience Manager for Salem Five Bank in Needham.

“I have spent my career in community banking,” commented Mr. Lee. “Needham Bank is the gold standard in our sector and I am delighted by this opportunity be a part of the bank’s plans for growing its Wellesley business and continuing to contribute in a positive way to the local economy.”