Anders given reins at Sterling Bank and Trust Committed to lending to small businesses

November 01, 1995|By Bill Atkinson | Bill Atkinson,SUN STAFF

Sterling Bank and Trust Co. yesterday named Mark H. Anders president and chief executive.

Mr. Anders, 41, said he plans to build the $80-million-asset bank's small business loan portfolio as a complement to its private banking department.

He said there is a "tremendous" market for local businesses that have sales of less than $5 million annually.

"The small businessman . . . has not been particularly well served," Mr. Anders said.

, "The small businessman wants

to be stroked. He also wants to be dealing with decision-makers."

Before he joined Sterling, Mr. Anders was chief lending officer with the Bank of Maryland, which was acquired last summer by Mason-Dixon Bancshares Inc. of Westminster.

He said he was brought in to help turn around the ailing Bank of Maryland in 1991.

'This is my time'

Mr. Anders began his career at American Security Bank in Washington and spent six years at Maryland National Bank in Baltimore, where he worked in a number of divisions, including corporate banking, government contracting and national banking.

He moved to Sterling Bank because "it gave me the opportunity to run my own show," he said.

"This is my time."

Michael Glick, chairman of Sterling Bank's executive committee, said he was "thrilled" that Mr. Anders took the job.

"Mark Anders has over 18 years of experience in banking and finance in the Baltimore-Washington area, and is supremely qualified to take over the role of president," Mr. Glick said.

Mr. Anders replaces Arthur L. Silber, who retired as Sterling Bank's president in June.

Mr. Silber was known in Baltimore for his ads touting Sterling's service and for suing Provident Bankshares Corp., which allegedly reneged on an agreement to acquire the much smaller Sterling.

"I don't think I will be doing too many radio ads like Mr. Silber," Mr. Anders said.

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