National Penn Bancshares, Inc. (Nasdaq: NPBC) announced today that Colette B. Price has been promoted to senior vice president of National Penn Investors Trust Company (NPITC). Price reports to James G. Hughes, chief operating officer and managing director of Support Services for NPITC.
With 28 years of financial services experience, Price is manager of Operations and Technology, providing direction to and oversight of NPITC’s securities, cash processing, and reconciliation and control units. She also manages the trust accounting system and is responsible for implementing strategic processes to mitigate risk and promote operational efficiencies.
Price, who resides in Mohnton, joined National Penn Investors Trust Company in 2010. She earned her dual bachelor’s degree in Computer Information Systems and Business Management and Administration from Alvernia University. In addition, Price is a graduate of the Central Atlantic School of Trust.