Webster Investment Services director named to bank insurance board

John Olerio, senior vice president and director of Webster Investment Services (WIS), has been appointed to the board of directors for the Bank Insurance & Securities Association (BISA).

Olerio, who has been with Webster Bank since 1997, served as national sales manager for Webster Investments before being named director in 2015. He currently leads a team of 63 financial consultants who provide comprehensive financial planning to individuals, families, and business owners. BISA supports member firms and financial professionals within depository institutions by building community and enhancing professionalism, knowledge and productivity, so they can better serve their clients with a broad array of financial solutions. Olerio said the organization plays a critical role in helping the bank investments industry grow and evolve during unprecedented periods of change and opportunity.

“The organization offers outstanding services and programs to its members as well as an established forum for progressive dialogue and networking among peers,” he said. “I am honored to be named to the BISA board and excited to contribute to the BISA vision and mission.”

Olerio resides in North Kingstown, Rhode Island, where he is active in coordinating activities for seniors and various youth sports leagues. He is also a board member for the Cranston Veterans Memorial Scholarship Foundation.