Saco & Biddeford Savings Institution has named its next president, more than two years before CEO Kevin Savage is set to retire.
The bank said Wednesday that Bob Quentin took on Savage’s position of president at the beginning of this month, adding to his duties as chief financial officer and treasurer.
Saco & Biddeford Savings said in its announcement that Quentin, a Saco native, started at the bank in 1989 as vice president of compliance and financial operations officer, working up the ranks after that.
Savage plans to retire in May 2017.
Founded in 1827, Saco & Biddeford Savings has more than $825 million in assets, 200 employees and six branches in southern Maine. It is Maine’s oldest bank.