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Elzbieta Cieslik Promoted to Executive Vice President

WATERBURY, Conn., September 13, 2018 – Webster Financial Corporation (NYSE: WBS), the holding company for Webster Bank, N.A. and its HSA Bank division, is pleased to announce that Elzbieta Cieslik has been promoted to executive vice president and general auditor. Cieslik joined Webster in 2013 and most recently served as senior vice president and general auditor.

Cieslik

Cieslik will continue to focus on providing highly effective internal audit services and ensuring continuous alignment with Webster’s strategic objectives and governance policies. She will continue to report administratively to Webster President and CEO John Ciulla and functionally to the Audit Committee chair.

Cieslik has extensive audit and risk advisory experience. Prior to joining Webster, Cieslik was the Global Director of internal audit at GFI Group Inc., where she led the establishment of the internal audit function in GFI’s New York, London and Singapore offices. Prior to that, she worked at KPMG LLP and JPMorgan Chase.

Cieslik served on the Board of the Polish and Slavic Federal Credit Union and in 2008 was elected to Chair the Board’s Supervisory Committee. She also served on the New York City Board of the Financial Women’s Association. Cieslik is a graduate of Pace University in New York, a graduate of the Smith College Consortium, and a graduate of Columbia University Graduate School of Business’s Leading and Managing People program. She is a Certified Public Accountant and Certified Trust Auditor. She is a resident of South Glastonbury.

Cieslik and the internal audit team are active in Webster’s Day of Service community events and actively support numerous fundraising activities.

About Webster
Webster Financial Corporation is the holding company for Webster Bank, National Association and its HSA Bank division. With $27 billion in assets, Webster provides business and consumer banking, mortgage, financial planning, trust, and investment services through 163 banking centers and 326 ATMs. Webster also provides mobile and Internet banking. Webster Bank owns the asset-based lending firm Webster Business Credit Corporation; the equipment finance firm Webster Capital Finance Corporation; and HSA Bank, a division of Webster Bank, which provides health savings account trustee and administrative services. Webster Bank is a member of the FDIC and an equal housing lender. For more information about Webster, including past press releases and the latest annual report, visit the Webster website at www.websterbank.com.

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