Ponce Financial Group, Inc. Appoints New Member to the Board of Directors
NEW YORK, March 30, 2026 (GLOBE NEWSWIRE) -- Ponce Bank, N.A. (the "Bank") and Ponce Financial Group, Inc. (the "Company"), the Bank's parent company, announce that effective March 26, 2026, Marlene Cintron, a member of the Bank's Board of Directors, has been appointed to also serve as a Director of the Company. Cintron, a lifelong Bronx resident and Puerto Rican leader, has built a distinguished career advancing economic empowerment, public service, and opportunities for historically underserved communities. Cintron's work spans more than three decades across public policy, economic development, finance, and government relations. Her impact has been felt nationally and locally, with a career grounded in public service and marked by barrier-breaking achievements. Cintron began her career working for notable public officials, including serving as New York Chief of Staff to Congressman Robert Garcia, Director of Latino Affairs for Mayor David Dinkins, and Director of the New York Office of Puerto Rican Affairs for Governor Pedro Rosselló. She also served as Executive Director of the New York State Senate Puerto Rican and Latino Caucus, where she helped shape statewide policy affecting Latino communities. Her private-sector experience includes serving as Assistant Vice President for Government Affairs at Citibank under H. Carl McCall and working as a financial advisor at Merrill Lynch, where she specialized in supporting women and nonprofit leaders in achieving financial independence. She later co-founded the New York Women's Chamber of Commerce, a pivotal institution advancing opportunities for women entrepreneurs across the region. As President of the Bronx Overall Economic Development Corporation (BOEDC), Cintron led a period of transformational growth for the borough. Under her leadership, Bronx unemployment decreased from 14 percent to under 6 percent. She spearheaded below-market-rate lending programs, launched rebranding efforts through the borough's Office of Tourism, and expanded financial support for local and prospective businesses. Working alongside then–Bronx Borough President Ruben Diaz Jr., she helped attract more than $9 billion in private investment, resulting in over 44,000 new housing units and major commercial developments, including FreshDirect's relocation to the Bronx, the borough's first enclosed mall in Co-op City, and the redesign of the Bruckner Expressway to improve access to Hunts Point. During this time, she also served as a mayoral appointee to the board of the NYC Economic Development Corporation (NYCEDC) and as a ... Full story available on Benzinga.com
