Eastern Bank has promoted two within its commercial real estate division.
Gregory P. Buscone and Matthew A. Osborne have been promoted to executive vice president and senior commercial banking officer. Both are also members of Eastern’s commercial credit committee and both will continue to report to Jan Miller, vice chairwoman and chief commercial banking officer.
“Under Greg and Matthew’s leadership, Eastern’s commercial banking business is experiencing unprecedented growth, yet it is their strong commitment to their customers, communities and teams that so closely aligns to Eastern’s purpose of doing good things that help people prosper,” Eastern Bank Bob Rivers said in a statement. “We are proud of them and the work of their teams, and congratulate them on their well-deserved promotions.”
Buscone joined Eastern in 2017 as senior vice president and regional group head in commercial banking with responsibility for Eastern’s commercial and industrial lending portfolio. The business group also expanded its asset-based lending team in 2018. Previously, Buscone spent 17 years at Citizens Bank, where he held positions as a senior vice president and market manager for Massachusetts middle-market and specialized lending. Active in the community, he sits on the board of directors of Bay Cove Human Services, MassEcon and the Associated Industries of Massachusetts, where he chairs the diversity and inclusion and investment committees.
Osborne is responsible for Eastern’s commercial real estate, community development and New Hampshire lending teams. Their services include investor commercial real estate, nonprofit, affordable housing and tax credit sponsored financing. Osborne joined Eastern Bank in 1998 after beginning his career with The Hibernia Savings Bank in Quincy. He is actively engaged across the South Shore, and serves as a board member with both the Metro South Chamber of Commerce and the South Shore Hospital Charitable Foundation. He is a founding member of the Brockton Partnership, a group dedicated to furthering economic development in the city of Brockton.
