Derrick D. Cephas

Director, Signature Bank

Derrick D. Cephas joined the Signature Bank board, effective April 21, 2016.

Cephas is a partner at Weil, Gotshal & Manges LLP, a New York City-based international, full-service law firm.  He has broad-based experience in the representation of commercial banks, thrift institutions, bank holding companies and foreign banking corporations across a wide range of regulatory and transactional matters.  Cephas works closely with clients, counseling them with respect to compliance with the Dodd-Frank Act and the Volcker Rule as well as The Bank Holding Company Act and on enhanced prudential standards for large banks. 

Prior to joining Weil, Gotshal & Manges, Cephas served as president and chief executive officer of Amalgamated Bank, which, at the time he served, was a $4.5 billion commercial bank headquartered in New York City. Previously, he was a banking and corporate law partner in the New York office of Cadwalader, Wickersham & Taft.  Earlier, Cephas served as the Superintendent of Banks for the State of New York, from 1991 to 1994.  He is a former member of the Board of Directors of the Dime Savings Bank of New York, Merrill Lynch International Bank and D.E. Shaw & Co. Inc.  Currently, he is a Director of the Fresh Air Fund, Empire State Development Corporation, The New York City Board of Correction, Trevor Day School and the New York City Housing Authority as well as a member of the Board of Advisors for The Mayor’s Fund to Advance New York City.

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