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CAMBRIDGE, MA — February 24, 2020—Cambridge Bancorp (NASDAQ: CATC), parent company of Cambridge Trust, today announced the appointment of Boston-based Vice President, Portfolio Manager Stig Zarle. Mr. Zarle will also serve as Co-Portfolio Manager on the Sustainable & Responsible Investment (SRI) strategy in addition to covering a variety of stocks within the healthcare and financial services sectors as an equity analyst.

“Stig brings over 25 years of experience in financial analysis and portfolio management to the wealth management team,” said David Lynch, Chief Investment Officer at Cambridge Trust. “His experience analyzing equities for both traditional and SRI clients is ideal for growing our team.”

 

About Stig Zarle

Stig Zarle co-manages Cambridge Trust’s Sustainable and Responsible Investment strategy, an initiative that integrates environmental, social, and governance factors with traditional fundamental analysis. In addition, Mr. Zarle is an equity analyst responsible for coverage of stocks within the healthcare and financial services sectors. He holds an MBA from The University of Chicago Booth School of Business, and he has a bachelor’s degree in Economics from Bates College. Mr. Zarle joined us from Zevin Asset Management. He has previous experience at Fidelity Investments/Pyramis Global Advisors and Pioneer Investment Management.

About Cambridge Trust

Cambridge Trust is a 130-year-old Massachusetts chartered commercial bank with approximately $2.9 billion in assets and a total of 16 banking offices in Massachusetts and New Hampshire. Cambridge Trust is one of New England’s leaders in private banking and wealth management with $3.5 billion in client assets under management and administration. The Wealth Management group maintains offices in Boston, Massachusetts; and Concord, Manchester, and Portsmouth, New Hampshire.

 

Contact:
Cambridge Trust
[email protected]

Stig Zarle
Vice President, Portfolio Manager