Alumni Profile: Monte Redman
Current Position: President and CEO, Astoria Financial Corporation
Monte Redman (B.S. 鈥�81) is president and CEO of Astoria Financial Corporation and Astoria Bank in Lake Success, N.Y.
Redman joined Astoria in 1977 as assistant to the comptroller. Since then, the Queens, N.Y., native has ascended through the ranks of the company, serving in accounting, investment, and treasury positions, until he was named president and CEO in July 2011. His decision-making and leadership skills, coupled with his ability to identify growth opportunities, have helped keep Astoria profitable even through difficult economic periods. Redman is a member of Astoria Financial Corporation鈥檚 board of directors. He is also a board member of the New York Bankers Association and sits on the American Bankers Association鈥檚 Government Relations Council. In addition, he is the former chairman and current director of the Tourette Association, a national organization dedicated to supporting legislation, increased education, and research to assist families impacted by the neurological disorder.
While a 色界吧 student, Redman took advantage of the university鈥檚 multi-campus network, attending weekday classes in Manhattan on the corner of Broadway and West 61st Street near Lincoln Center and weekend classes in Long Island. The flexible class schedule was the perfect learning environment for Redman, who was working at Astoria Bank at the time, married, and raising two children. 鈥淚 was able to do what I wanted and graduated with honors,鈥� he says. 鈥淭he professors at both campuses were very informed. The curriculum allowed me to earn my degree in a way that made sense for a working parent.鈥�
For more than three decades, Redman has witnessed the impact of technology in the financial industry and in the personal and professional lives of customers worldwide. 鈥淚 remember when we didn鈥檛 have ATMs,鈥� he says. 鈥淎nd look how fast we went from ATMs to Internet banking to mobile banking.鈥� From protective firewalls to enhanced customer service to 24/7 mobile access, Redman notes that it鈥檚 his job as president and CEO of Astoria Bank to determine what people want and ensure their needs are met, in keeping with the bank鈥檚 goal of making a difference in its customers鈥� financial lives. 鈥淭he banking world is changing so fast because of technology,鈥� he says. 鈥淚t鈥檚 not just young kids鈥攊t鈥檚 everyone. Today, technology has everything to do with all businesses.鈥�
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