HUDSON, Mass, [November 6, 2024] — Robert Cozzone, President and Chief Executive Officer of Avidia Bank, has announced the hiring of Jonathan Nelson as Chief Financial Officer/Treasurer. The addition of Nelson is part of Avidia’s strategic commitment to future growth.

Mr. Nelson brings more than two decades of experience in finance and treasury for large and small financial institutions. Most recently, he served as Senior Vice President and Treasurer for Independent Bank Corp., the parent company of Rockland Trust. He successfully guided the bank through several mergers and acquisitions in this role. He also has extensive experience in capital planning, derivatives, fixed-income securities, interest-rate risk, liquidity risk, strategic planning, and corporate finance.

Prior to becoming Treasurer at Independent Bank Corp., he served as the institution’s Asset/Liability Manager, where he built the financial derivative desk and managed the bank’s fixed-income portfolio.

Jon has also worked for Skowhegan Savings Bank of Maine, and Cape Cod Bank and Trust, where he began his career.

He holds an MBA with a concentration in Finance from Hawaii Pacific University and a BS in Accounting/Finance from Bridgewater State University in Bridgewater, MA. Jon actively supports the community, serving on the Board of Directors of Scouts of America, as well as a past director for South Shore Habitat for Humanity.

“We’re delighted to bring Jon’s financial expertise and vast treasury experience to Avidia to foster financial discipline and information-based decision-making that will lead to future success,” said Cozzone.

About Avidia Bank:

Avidia Bank is a $2.7 billion community bank headquartered in Hudson, MA with additional branches in Westborough, Framingham, Shrewsbury, Clinton, Leominster, Marlborough, and Northborough. For more than 150 years, the Bank has provided personal, commercial, and residential banking services. Learn more at avidiabank.com. Member FDIC. Member DIF.